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Subject: If Katie Couric takes Dan Rather’s old job on the CBS Evening News, it will cost her big time — $7 million a year.


Author:
David Harrison Levi for the David Levi Celebrity Entertainment NEWS Network
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Date Posted: 01:04:46 04/05/06 Wed
Author Host/IP: cache-ntc-ad04.proxy.aol.com/207.200.116.198

Katie Couric $7 M Pay Cut If She Leaves 'Today'

If Katie Couric takes Dan Rather’s old job on the CBS Evening News, it will cost her big time — $7 million a year.

Right now, Katie makes around $13 million a year co-hosting the "Today" show with Matt Lauer. I’m told that NBC wants her to stay put so badly they will offer her $20 million a year, a $7 million hike, to spurn CBS’s advances.

And here’s the rub: according to my sources, CBS will probably not offer Katie much more than she’s getting now. The CBS Evening News is a half-hour show, vs. the three-hour "Today" show. It’s also not a big money maker. So Couric’s take is likely to remain the same as it is now.

Nevertheless, Couric is probably going to take the job when the offer comes to her officially in mid-May. Her NBC contract doesn't expire until May 31, and she’s not allowed to talk to any competitors until two weeks before that date.

“If she leaves,” says a source, “it won't be for money.”

Life is strange, as we all know, but the really ironic part of this is that Katie’s Olympics coverage has been extraordinarily good, better maybe than anything she’s done in the last two or three years.

After drifting, seeming bored and a little self-absorbed as an emerging glamour puss, Couric has regained her old groove with the Olympics. She’s showing genuine interest in the athletes and in the people of Torino.

Of course, "Today" is a far different animal than the evening news, and that’s something she will have to weigh more seriously than the money issue when she makes her final decision. The "Today" show puts her in a daily on-air collaboration with many people, and offers shots of adrenaline that come from the guests as well as her co-hosts.

Nightly news is a lonely business, and unlike the "Today" show doesn't offer much of a chance to interview anyone. In many ways, being the anchor of a newscast is a glorified reader’s job, requiring little spontaneity.

Couric’s greatest assets — her quips and “perky” personality — will be all but shut down as she introduces a sequence of reports from roving correspondents about the catastrophes and political intrigue which took place around the world that day.

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