All About the Benjamins! Jimmy Fallon's First 'Tonight Show' Earns Him Some Serious Cash

In this photo provided by NBC, Jimmy Fallon appears during his "The Tonight Show" debut on Monday, Feb. 17, 2014, in New York. Fallon departed from the network's “Late Night” on Feb. 7, 2014, after five years as host, and is now the host of “The Tonight Show,” replacing Jay Leno after 22 years. (AP Photo/NBC, Lloyd Bishop)

Jimmy Fallon is several hundred dollars richer after hosting his first "Tonight Show," which is also the show's first broadcast from New York in 42 years.

The former "Saturday Night Live" star and host of "Late Night" took over the venerable late-night talk show from Jay Leno this week. And though he was visibly nervous, Fallon handled the hand-off with grace and cheer.

"I'll be your host … for now," he joked, as he thanked the hosts before him ("Steve Allen, Jack Paar, Johnny Carson, Jay Leno, Conan O’Brien, and Jay Leno"), house band The Roots, announcer Steve Higgins, and his parents.

Then, Fallon returned backstage. Higgins re-announced him, and Fallon emerged again to crack jokes about the Winter Olympics. He made fun of Bob Costas's pink eye and gave out superlatives to various athletes (snowboarder Danny Davis was "Most Likely to Turn Water Into Weed").

Then, the host sat behind the desk and noted that his "buddy" who said Fallon would never steer "The Tonight Show" owed him $100.

That "buddy" turned out to be Robert De Niro. And Tina Fey.

Oh, and: Joe Namath, Rudy Giuliani, Mariah Carey, Tracy Morgan, Joan Rivers, Kim Kardashian, Seth Rogen, Lindsay Lohan, Sarah Jessica Parker, Mike Tyson, and Lady Gaga.

Last was Stephen Colbert, who dumped a bucket of pennies into Fallon's shirt. After taking a selfie with Fallon, the Comedy Central star smirked, "Welcome to 11:30, bitch!"

The night's first guest, Will Smith, joined Fallon in matching '90s-styled overalls to perform "The Evolution of Hip-Hop Dancing," a segment that's sure to become another viral hit for Fallon. Highlights include classic dance moves like the "MC Hammer," "The Carlton," the "Running Man," the "Kid 'N Play," the "Humpty Dance," and the "Crank That (Soulja Boy)."


Later, Smith remarked that even though "The Tonight Show" is a high-profile gig, all those celebrities showed up to support Fallon himself.

"People are coming for your heart," Smith said.

Welcome, indeed!

Watch the opening monologue of Fallon's first "Tonight Show":