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Josh Elliott leaving 'GMA': Takes job with NBC Sports after $5 million pay gap

Josh Elliot, who joined "Good Morning America" in 2011 and was an integral part of toppling NBC's "Today" show as the number-one rated morning program, is jumping ship. Josh's contract expires at the end of the month. Elliot is reportedly heading over to NBC Sports after an alleged $5 million difference between what ABC offered him and what he demanded in salary brought negotiations to a halt.

Josh Elliott is leaving 'GMA' for NBC Sports after contract negotiations broke down, while Amy Robach has already been announced to take his place. Images

ABC News head Ben Sherwood is said to have issued a rare Sunday night memo detailing the breakdown of contract negotiations, as well as Josh Elliot's decision to sign on with NBC Sports, according to sources at the Daily News on March 30.

At the same time, Sherwood announced that longtime contributor and fill-in anchor Amy Robach will step in to fill Elliot's shoes. Robach sat in as co-anchor while Robin Roberts recovered from her bone marrow transplant.

Read: Chelsea Handler quitting "Chelsea Lately".

Reports vary about what the exact salary gap with Josh was, some claiming ABC offered $4 million to his demand of $8 million, while many say it was $5 million offered to Elliott's demand of $10 million.

Insiders are already speculating what this latest big move means for the networks. Some think Josh, 42, was brought on by NBC as an eventual replacement for Bob Costas. Others believe he's being groomed to replace Matt Lauer on "Today".

"There's no doubt that's one of the reasons they brought Elliott in," says one news industry insider familiar with the negotiations, according to TV Guide. "It gives them a safety net and leverage with Matt."

Click here to read Sherwood's entire memo, as well as former GMA weatherman Sam Champion's reaction to the announcement.

So far there's no official word from NBC, but Elliott was already missing from Monday morning's GMA broadcast.

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