James Corden 'set to sign a £15million deal to stay on as The Late Late Show host for another four years'
He took on the role in March 2015, following the departure of long-time host Craig Ferguson.
And James Corden is now thought to be signing a whopping £15million deal to stay on as the front man of The Late Late Show.
According to the Mirror, the actor, 39, has 'verbally agreed' the price with CBS bosses, and will present the series for 'at least another four years'.
In demand: James Corden is now thought to be signing a whopping £15million deal to stay on as the front man of The Late Late Show (pictured in May 2018)
The paper claims the channel are keen to keep James on as host, and have extended his current contract - which runs until 2020 - for another four years minimum.
The agreement sees James enjoy a pay rise following the success of the rebooted show - with the 2018 season scoring an average of 1.38 million viewers so far.
A source said: 'The deal will see his earnings at least 50 per cent up on his first three years.'
He's back: The actor, 39, is believed to have 'verbally agreed' the price with CBS bosses, and will present the series for 'at least another four years' (pictured on the show)
Currently, Ellen Degeneres is believed to be highest paid host on television - raking in a cool £37 million for her self-titled chat show.
MailOnline has contacted James' representatives for further comment.
The comedian bagged the role as The Late Late Show host in 2015, when Craig Ferguson stepped down after nine years.
Most notably, his regular Carpool Karaoke segment on the show has become a viral hit, and has attracted guests including George Clooney, Adele, Paul McCartney and even Michelle Obama.
Big shoes to fill: The comedian bagged the role as The Late Late Show host in 2015, following Craig Ferguson's departure
VIPs: Most notably, his regular segment Carpool Karaoke has become a viral hit - featuring guests of the calibre of George Clooney, Adele, Michelle Obama and Paul McCartney (above)
When asked if he had anticipated the viral success of Carpool, the star told Deadline: 'I don’t know if I would ever say that we were savvy.
'We understood that for our show to reach the biggest audience it can, we have to embrace the Internet.
'The trick is to just make something good; if you make something good for your show, people will share it the next day.'
James relocated to Los Angeles with his wife Julia and their children - Max, six, Carey, three and baby daughter Charlotte, born in December.
While he has hit the big time in the States, the presenter rose to fame as a comedian and actor in the UK - starring in the likes of Fat Friends and Gavin and Stacey.
Family man: James relocated to Los Angeles for the show his wife Julia and their children - Max, six, Carey, three and Charlotte, born in December (pictured together in March 2018)
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