Apparently, Jay Leno has given his blessing to NBC so that Jimmy Fallon will be the next host of The Tonight Show. Just one month ago the rumors started, and last night, The Hollywood Reporter cited a source who claimed Fallon has just closed a new deal with the network that basically guarantees he’s Leno’s replacement.

When exactly Fallon takes over is still in flux. Also, NBC intends to delay any official announcement until Fallon’s replacement has been signed, but an insider indicated (quote) “It will be Seth Meyers unless something goes awry in the deal-making.”

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