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Matt Lauer Signs New Contract to Stay at 'Today'

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Apr. 6 2012, Published 12:59 p.m. ET

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No, Ryan Seacrest will not be taking Matt Lauer's job. The Today show news anchor announced today that he has signed a new contract to stay on the show.

OK! NEWS: RYAN SEACREST'S BIG ANNOUNCEMENT ON TODAY — OLYMPICS CORRESPONDENT

After Meredith Vieira left Today there were many rumors that Matt would also announce his departure. Several months later Matt is still going strong and says he isn't leaving. He's signed a long-term contract with NBC News.

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"This is my family," Matt said this morning on Today. "I love this job, I love working with you guys."

"Truth be told, I was developing an idea for a new show, where viewers could tune in every morning and see someone they know lose a little more of his hair every single day right in front of their eyes," he joked. "But then I thought, I could just stay here and do that."

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Watch Matt's announcement in the video, below.

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