Jimmy Fallon To Replace Jay Leno On 'Tonight Show,' Say Sources

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Mar. 2 2013, Updated 5:30 p.m. ET

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The Tonight Show with Jimmy Fallon?

That's what sources are telling The Hollywood Reporter will happen in 2014.

Next season will be Jay Leno's last as host of The Tonight Show, the sources have told the Hollywood trade paper. They add that Fallon -- who now follows Leno with his Late Night with Jimmy Fallon -- will inherit the coveted Tonight Show hosting gig.

Although NBC reps have denied that the end is near for Leno, The Reporter's sources insist that the peacock net will announce the change during the May upfronts, setting the stage for selling the last season of Leno to advertisers at a premium.

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"We do not speculate on rumor," a Leno rep said.

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