Here 'TODAY,' Gone Tomorrow? Matt Lauer's Campaign Flops Could Cost Him His Job

Matt Lauer's mistakes could be catching up with him! An insider said the anchor could be terminated any day now after he botched his moderating duties while interviewing Donald Trump and Hillary Clinton.

"To be so ill-prepared for a major news event is being viewed as inexcusable, and his head could roll," a TODAY show insider told Radar.

Indeed, negative reviews flooded in after Lauer quizzed the two presidential hopefuls on Sept. 7.

Lauer was recently torched in The New York Times, with the paper writing that the TODAY host looked "lost at sea" and appeared "unprepared on military and foreign policy specifics, he performed like a soldier sent on a mission without ammunition, beginning with a disorganized offensive, ending in a humiliating retreat."

The host interviewed both Clinton and Trump for a half hour each during the infamous debacle. He repeatedly asked Clinton to defend herself against allegations that she mishandled classified information in her private email server.

But "that emphasis left relatively little time for the forum's foreign-policy and military subjects. Mr. Lauer and the audience asked about complex topics — the Middle East, terrorism, veterans' affairs — and Mr. Lauer pressed for simple answers," The New York Times wrote.

The 58-year-old anchor rakes in a monstrous sum of $20 million a year, and increasingly, the source said, honchos are wondering if he's worth it. Warned the source, Lauer "could be gone by the end of 2016."