Matt Lauer breaks his silence after being fired by NBC News for inappropriate sexual workplace behavior. Brande Victorian, Managing Editor at MadameNoire, and Eriq Gardner, Senior Editor at The Hollywood Reporter, discuss what's next for the disgraced former Today Show anchor.

In a statement, Matt says, "There are no words to express my sorrow and regret for the pain I have caused others by words and actions. To the people I have hurt, I am truly sorry..." Victorian and Gardner discuss NBC's swift decision to terminate his employment and how prior complaints against the star may have gone unheard.

As for the business end of Lauer's firing, the anchor was making $25 million a year to host the morning news show, which is a cash-cow for NBC. Gardner says the departure of Lauer is overstated. He's a big star but not irreplaceable. Victorian and Gardner predict Lauer will make some type of comeback in future, but it won't be on a massive stage like The Today Show.