Matt Lauer extends deal through 2018 (Report)

"Today" show host Matt Lauer will be sitting in the anchor chair for a few more years.

Lauer has extended his contract with NBC through 2018 for a reported $20 million a year. The contract was inked a few months ago, according to the New York Post.

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His multi-year, multi-million dollar deal was last renewed in 2014.

NBC News would not comment, and Lauer's agent did not return a call seeking comment.

This moves lends show stability post-election with co-host Savannah Guthrie soon expected to go on maternity leave — and after the abrupt departure of Billy Bush, who has been seen as an heir apparent.

27 PHOTOS
Matt Lauer out and about
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Matt Lauer out and about
NEW YORK, NY - JUNE 24: (EXCLUSIVE COVERAGE) Matt Lauer hosts an exclusive guest DJ session on SiriusXM's Classic Vinyl channel to celebrate the launch of TODAY Show Radio on SiriusXM on June 24, 2014 in New York City. (Photo by Robin Marchant/Getty Images)
TODAY -- Pictured: (l-r) Tamron Hall, Natalie Morales, Savannah Guthrie, Matt Lauer and Al Roker appear on NBC News' 'Today' show on June 13, 2014 -- (Photo by: Peter Kramer/NBC/NBC NewsWire via Getty Images)
TODAY -- (l-r) Matt Lauer sits down with Pippa Middleton in her first-ever television interview -- (Photo by: Anthony Harvey/NBC/NBC NewsWire via Getty Images)
TODAY -- Pictured: (l-r) Dave Chappelle and Matt Lauer appear on NBC News' 'Today' show -- (Photo by: Peter Kramer/NBC/NBC NewsWire via Getty Images)
TODAY -- Pictured: (l-r) Tamron Hall, Savannah Guthrie, Matt Lauer and Al Roker appear on NBC News' 'Today' show -- (Photo by: Peter Kramer/NBC/NBC News Wire)
TODAY -- Pictured: Matt Lauer appears on NBC News' 'Today' show -- (Photo by: Peter Kramer/NBC/NBC News Wire)
NEW YORK, NY - JULY 22: Journalist Matt Lauer and singer Celine Dion pose for a photo during on NBC's 'Today' at Rockefeller Plaza on July 22, 2016 in New York City. (Photo by Gilbert Carrasquillo/FilmMagic)
RIO DE JANEIRO, BRAZIL - AUGUST 12: (BROADCAST - OUT) Host, Matt Lauer speaks with swimmer, Ryan Lochte of the United States on the Today show set on Copacabana Beach on August 12, 2016 in Rio de Janeiro, Brazil. (Photo by Harry How/Getty Images)
TODAY -- Pictured: (l-r) Matt Lauer, Savannah Guthrie, Matt Iseman, Akbar Gbajabiamila appear on June 14, 2016 -- (Photo By: Peter Kramer/NBC/NBCU Photo Bank via Getty Images)
TODAY -- Pictured: (l-r) Carson Daly, Natalie Morales, Al Roker, Savannah Guthrie, Matt Lauer, Maddie Baillio, Harvey Fierstein on the 'Today' show on Tuesday, June 7 2016 from Rockefeller Plaza in New York -- (Photo by: Peter Kramer/NBC/NBC News Wire)
NEW YORK, NY - MAY 16: Journalists Matt Lauer and Savannah Guthrie attend the 2016 NBCUNIVERSAL Upfront at Radio City Music Hall on May 16, 2016 in New York City. (Photo by Jim Spellman/WireImage)
NEW YORK, NY - APRIL 27: Matt Lauer is seen on April 27, 2016 in New York City. (Photo by Patricia Schlein/Star Max/GC Images)
THE TONIGHT SHOW STARRING JIMMY FALLON -- Episode 0459 -- Pictured: Journalist Matt Lauer arrives on April 27, 2016 -- (Photo by: Andrew Lipovsky/NBC/NBCU Photo Bank via Getty Images)
NEW YORK, NY - APRIL 29: Matt Lauer at NBC's 'Today' at Rockefeller Plaza on April 29, 2016 in New York City. (Photo by Laura Cavanaugh/FilmMagic)
NEW YORK, NY - APRIL 26: Caitlyn Jenner and Matt Lauer attend the 2016 Time 100 Gala, Time's Most Influential People In The World at Jazz At Lincoln Center at the Time Warner Center on April 26, 2016 in New York City. (Photo by Kevin Mazur/Getty Images for Time)
NEW YORK, UNITED STATES - 2016/04/07: Matt Lauer attends New York City Police Foundation gala at Waldorf Astoria. (Photo by Lev Radin/Pacific Press/LightRocket via Getty Images)
TODAY -- Pictured: (l-r) Natalie Morales, Savannah Guthrie, Matt Lauer and Al Roker appear on the 'Today' show on Monday, March 14, 2016 from Rockefeller Plaza in New York -- (Photo by: Peter Kramer/NBC/NBC NewsWire via Getty Images)
NEW YORK, NY - MARCH 14: NBC 'Today Show' hosts Savannah Guthrie and Matt Lauer interview Chris Martin when Coldplay perform in the rain on NBC's 'Today Show' at Rockefeller Plaza on March 14, 2016 in New York City. (Photo by Al Pereira/WireImage)
NEW YORK, NY - APRIL 21: (R-L) Savannah Guthrie and Matt Lauer interview 2016 Republican presidential candidate Donald Trump during NBC's Today Trump Town Hall at Rockefeller Plaza on April 21, 2016 in New York City. (Photo by D Dipasupil/FilmMagic)
TODAY -- Pictured: (l-r) Matt Lauer and Jordan Spieth appear on the 'Today' show on Monday, March 14, 2016 from Rockefeller Plaza in New York -- (Photo by: Peter Kramer/NBC/NBC NewsWire via Getty Images)
TODAY -- Pictured: (l-r) Matt Lauer and Jennifer Lopez appear on the 'Today' show on Tuesday, March 1, 2016 -- (Photo by: Peter Kramer/NBC/NBC NewsWire via Getty Images)
WATCH WHAT HAPPENS LIVE -- Pictured (l-r): Matt Lauer and Savannah Guthrie -- (Photo by: Charles Sykes/Bravo/NBCU Photo Bank via Getty Images)
NEW YORK, NY - JANUARY 18: Jack Matthew Lauer, Romy Lauer and Matt Lauer attend The Philadelphia 76ers vs New York Knicks game at Madison Square Garden on January 18, 2016 in New York City. (Photo by James Devaney/GC Images)
BEVERLY HILLS, CA - JANUARY 10: TV personalities Willie Geist, Natalie Morales, Tamron Hall, Savannah Guthrie and Matt Lauer attend the 73rd Annual Golden Globe Awards held at the Beverly Hilton Hotel on January 10, 2016 in Beverly Hills, California. (Photo by George Pimentel/WireImage)
TV personalities Al Roker (L) and Matt Lauer arrive, at the 73nd annual Golden Globe Awards, January 10, 2016, at the Beverly Hilton Hotel in Beverly Hills, California. AFP PHOTO / VALERIE MACON / AFP / VALERIE MACON (Photo credit should read VALERIE MACON/AFP/Getty Images)
NEW YORK, NY - JANUARY 04: Matt Lauer is seen in 'Midtown'on January 4, 2016 in New York City. (Photo by Raymond Hall/GC Images)
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With Lauer and Guthrie at the desk, "Today" has made significant moves against ABC's "Good Morning America," routinely beating that show in the demo news advertisers covet — viewers between 25 and 54. "Good Morning America" retains most viewers overall, though both shows have lost viewers in recent months.

This would come as a vote of confidence from NBC brass given his much-criticized handling of the Commander-in-Chief forum back in September, when he didn't challenge then Donald Trump on his position on the Iraq war. But he has weathered far worse, including the bungling of Ann Curry's departure from the anchor chair.

Lauer first joined "Today" in 1994 as news anchor, and became co-anchor in 1997. This extension would bring his reign atop the morning show to 24 years

13 PHOTOS
Matt Lauer lists his home
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Matt Lauer lists his home

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