NEW YORK, NY - SEPTEMBER 03: Television personality Hoda Kotb arrives for the Men's Singles Second Round match between Andy Murray of Great Britain and Adrian Mannarino of France on Day Four of the 2015 US Open at the USTA Billie Jean King National Tennis Center on September 3, 2015 in the Flushing neighborhood of the Queens borough of New York City. (Photo by Streeter Lecka/Getty Images)

Yes, $18M less.

Hoda Kotb recently took over ‘Today’, and while many are excited, many are now furious. Her salary details were revealed, and is 1/3 of Lauer’s previous salary. But why?