Top Gear Host Jeremy Clarkson will have to take a 25% pay cut

Top Gear host Jeremy Clarkson will reportedly have to take a pay cut if he wants to continue with the BBC. In an attempt by the British broadcaster to save more than £20 million, salaries of stars earning more than £100,000 will be facing a 25% pay cut when their contracts come up for renewal.

Jeremy Clarkson makes an estimated £2,000,000 per year (about $2.9 million) while attracting about 235 million viewers worldwide to the television program. The pay cuts could cost him about £500,000, a substantial amount of money for any person.

This is only the latest impact of a weakening global economy coupled with a disintegrating automobile industry. Unfortunately those who earn more will be affected the most. No matter what the outcome, Top Gear should continue to be one of the premier automotive programs on television.