Katie Couric may smile 24 hours a day, but her latest contract negotiations with CBS have given her a reason to cut that back to around 23 hours and 50 minutes a day.

The network wants to cut back the 'CBS Evening News' anchor's tremendous $15 million salary, a move that makes a lot of sense since they recently laid off around 150 people and her broadcast has been placing a disappointing third since she took the job.

And while it seems unlikely that Couric will bolt, it isn't completely out of the realm of possibility since neither she nor the network have completely dismissed the idea.

[via Mediabistro]