Jimmy Fallon closes 'Tonight Show' deal, Seth Meyers on deck for 'Late Night' position
Though NBC refuses to comment, Leno's contract with "The Tonight Show" expires in Sept. 2014. Reports suggest that Fallon could take over as early as February 2014, when NBC will be covering the Winter Olympics.
As for who will take over "Late Night" for Fallon, "Saturday Night Live" favorite Seth Meyers is said to be the frontrunner, particularly because he's a protege of "Late Night" boss Lorne Michaels. According to THR, no announcement will be made about the NBC lineup until a deal is closed with Meyers.