Here's one of those situations where the rumors turn out to be true. Ladies and gents, Jimmy Fallon is confirmed to replace Jay Leno on The Tonight Show!

Watch: Details on Jimmy Fallon's New Gig

Jay will be leaving his gig after a 22-year run on the show, and starting in the Spring of 2014, Jimmy is taking over. But that's not the only change happening. The Tonight Show will move to 11:35pm, will be based out of New York, AND will be produced by Saturday Night Live vet Lorne Michaels. Guys, this is huge.

Photos: Omarosa Appears on Late Night with Jimmy Fallon

Check out more details here, and stay tuned to for even more scoop! Are you excited for Fallon to take over? Tweet us @OKMagazine and tell us your thoughts!

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