Joy Reid has been a familiar face on MSNBC for years, but as of February 2025, her time with the network has officially come to an end. The host of The ReidOut reportedly faced a pay cut in late 2024, bringing her salary to an estimated $1.5 million annually. However, prior to that, multiple reports suggested she was earning around $3 million per year at the network. Despite the salary reduction, she still maintained a net worth of approximately $4 million, a figure largely built from her television career and additional ventures, including book sales and speaking engagements.
Joy Reid’s Net Worth Stands at $4 Million as of 2025 With an Annual Salary of $1.5 Million at MSNBC Following a Pay Cut
Joy Reid’s television career at MSNBC dates back over a decade. She first gained traction as a national correspondent before hosting The Reid Report in 2014, followed by AM Joy. In 2020, she made history as the first Black woman to host a primetime news show on a major cable network with the launch of The ReidOut, taking over the 7 PM slot once held by Chris Matthews’ Hardball.
Her sharp political commentary, particularly her strong critiques of Donald Trump and right-wing politics, earned her a dedicated audience. However, her outspoken style also made her a controversial figure in some circles, leading to frequent clashes with conservative media.
The cancellation of The ReidOut came amid a broader shakeup at MSNBC. The announcement followed the departure of Rashida Jones, the network’s president, in January 2025. Rebecca Kutler, the newly appointed president, officially confirmed Reid’s exit in a memo to staff, thanking her for her contributions but not providing a clear reason for the show’s cancellation.
This decision followed weeks of speculation, with insiders suggesting that declining ratings and shifting network priorities played a role. Reid acknowledged her departure on social media, expressing gratitude for her team and supporters while hinting at frustration over the network’s decision.
The void left by Reid at MSNBC is set to be filled by an ensemble of hosts, including Symone Sanders-Townsend, Alicia Menendez, and Michael Steele. Their program will replace The ReidOut at the 7 PM slot, signaling a shift in MSNBC’s strategy. While this marks the end of Reid’s tenure at the network, it’s unlikely to be the last we hear from her. Given her influence in political media and her history of bouncing back, she may soon find a new platform—whether in television, digital media, or the literary world.
Beyond television, Joy Reid—who shares a loving family—has built a solid reputation as an author. Her books, Fracture: Barack Obama, the Clintons, and the Racial Divide (2015) and The Man Who Sold America: Trump and the Unraveling of the American Story (2019), have both been well-received. She has also worked as a producer on documentaries, including The Sit-In: Harry Belafonte Hosts the Tonight Show (2020) and The Big Payback (2023). Additionally, she has been a guest lecturer at Syracuse University, where she taught courses on race, gender, and media.
While Reid’s future remains uncertain, her financial standing remains stable. With a net worth of $4 million, bolstered by her past salaries, book royalties, and media appearances, she has the means to pivot in new directions. Whether she returns to television with another network, expands her presence in digital media, or focuses on writing, her influence in political commentary is unlikely to wane anytime soon. The cancellation of The ReidOut might be a setback, but if history is any indicator, Joy Reid is far from done making her mark.
