Joy Reid Net Worth: Earnings and Salary as MSNBC Show Canceled

The MSNBC’s recent decision to cancel “The ReidOut” on Feb. 24 has caused major backlash on social media, with calls for boycott of the network for letting go popular, though controversial, host Joy Reid.

Many have also wondered what was Reid’s earnings and financial standing.

What Is Joy Reid’s Net Worth?

Reid’s estimated net worth stands at around $4 million, according to Celebrity Net Worth. While her net worth has not ben confirmed, whatever her wealth is it is a result of her extensive career in journalism, television hosting, and book publishing. Throughout the years, Reid has built a reputation as a prominent political commentator, particularly known for her outspoken views on race, politics, and social justice.

Before securing her prime-time slot at MSNBC, Reid made her mark as a political columnist and radio talk show host. She has also authored books like “The Man Who Sold America: Trump and the Unraveling of the American Story” and “Fracture: Barack Obama, the Clintons, and the Racial Divide.” These ventures, alongside her television work, have contributed to her growing wealth.

What Was Joy Reid’s Salary Before the Cancellation?

Before the cancellation of “The ReidOut,” Reid was reportedly one of MSNBC’s highest-paid hosts, earning an estimated $3 million per year, as reported by the New York Post. However, by late 2024, she, along with other network anchors, was reportedly offered pay cuts as part of a broader cost-saving strategy at MSNBC, Newsweek reported. This adjustment came after declining viewership the network, which saw a 53 percent drop in prime-time ratings following the 2024 election, according to Nielsen Media Research.

Reid’s Career

Reid’s career began long before her prime-time MSNBC role. She started as a political columnist for The Miami Herald and served as managing editor at TheGrio. She also worked in local and national TV news, talk radio, and was even a press secretary during Barack Obama’s 2008 Florida campaign.

Why Was ‘The ReidOut’ Canceled?

MSNBC has not provided a specific reason for the cancellation of “The ReidOut,” but it is part of a larger restructuring of the network’s programming lineup under Rebecca Kutler’s leadership, the network announced. Reid’s former slot will now be filled by a new panel show featuring Symone Sanders Townsend, Michael Steele, and Alicia Menendez.