Since Craig Ferguson announced his departure from the Late Late Show on Monday, fans have been anxiously awaiting news of his replacement. According to the Hollywood Reporter, they'd better be getting comfortable.

Craig Ferguson just can't catch a break. First, the Late Late Show host gets passed over for the more prestigious Late Show gig. And now it's looking like he might be completely out of a job.

The dust has settled, Stephen Colbert is replacing David Letterman, and CBS Late Late Show host Craig Ferguson is staying exactly where he is. Although he'll probably be at least $5 million richer.