Today star Karl Stefanovic signs a new contract with Channel Nine

REVEALED: Today star Karl Stefanovic signs a new contract with Channel Nine… after rumours negotiations stalled over his ‘million-dollar pay packet’

Karl Stefanovic has signed a new contract to stay on with Channel Nine.  

On Saturday, a spokesperson for the network confirmed to Daily Mail Australia that the 46-year-old is set to stay at Nine and at the helm of the Today show.

‘Today Show numbers continue to move in the right direction,’ the spokesperson said in a statement. 

REVEALED: Today star Karl Stefanovic has signed a new contract with Channel Nine… after rumours negotiations stalled over his ‘million-dollar pay packet’

They added: ‘We are very happy with the team of Karl, Ally [Langdon], Alex [Cullen], Brooke [Boney] and Tim [Davies], and can confirm we have a longer term deal in place with Karl beyond 2020.’ 

On Saturday, The Sydney Morning Herald’s Private Sydney reported that Karl signed a new contract and that the lineup of the Today show is staying the same, but Karl’s pay packet amid COVID-19 is ‘a closely guarded secret.’ 

It comes after The Sunday Telegraph reported in May that Karl’s contract negotiations with Nine had ‘stalled because the new contract is believed to offer less than half his former $3 million-a-year.’   

Back on air: Karl made his Today comeback in January alongside new co-host Allison Langdon (pictured)

Back on air: Karl made his Today comeback in January alongside new co-host Allison Langdon (pictured) 

Making headlines: It comes after The Sunday Telegraph reported in May that Karl's contract negotiations with Nine had 'stalled because the new contract is believed to offer less than half his former $3 million-a-year'

Making headlines: It comes after The Sunday Telegraph reported in May that Karl’s contract negotiations with Nine had ‘stalled because the new contract is believed to offer less than half his former $3 million-a-year’

Karl made his Today comeback in January alongside new co-host Allison Langdon and they have since seen an improvement in the ratings.    

Karl’s previous contract with Channel Nine was set to terminate at the end of December.

Earlier this year, The Sydney Morning Herald’s PS Sydney also hinted at rumours the Today show host could follow in the footsteps of late night titans like David Letterman and Jimmy Kimmel when his contract ended. 

However Karl denied that he was making a move to Tinseltown.

Karl called the claims ‘complete rubbish’ adding, ‘my hands are kinda full at the moment anyway,’ referring to his newborn daughter, Harper.  

All Talk: Earlier this year, PS Sydney also hinted at rumours the Today show host could follow in the footsteps of late night titans like David Letterman and Jimmy Kimmel when his contract ended. However Karl denied that he was making a move to Tinseltown

All Talk: Earlier this year, PS Sydney also hinted at rumours the Today show host could follow in the footsteps of late night titans like David Letterman and Jimmy Kimmel when his contract ended. However Karl denied that he was making a move to Tinseltown

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