Earlier this month, Pat announced on Twitter that he plans to step down at the conclusion of Wheel of Fortune's 41st season, which will begin in the fall.
Well, the time has come. I’ve decided that our 41st season, which begins in September, will be my last. It’s been a wonderful ride, and I’ll have more to say in the coming months. Many thanks to you all. (If nothing else, it’ll keep the clickbait sites busy!)
Ryan shared his announcement in a statement on Instagram Tuesday, saying he's "humbled" to step into Pat's footsteps. He'll officially take over for Pat in 2024.
"I can say, along with the rest of America, that it's been a privilege and pure joy to watch Pat and Vanna on our television screens for an unprecedented 40 years, making us smile every night and feel right at home with them," Ryan said.
Ryan also noted that hosting Wheel of Fortune will be a "full circle moment."
He ended his statement by saying he plans to "continue the tradition of spinning the wheel" alongside longtime Wheel of Fortune cohost Vanna White. Vanna has cohosted the show since 1982.
Ryan's announcement comes on the heels of his exit from Live with Kelly and Ryan in April. The show is now called Live with Kelly and Mark, as actor Mark Consuelos (who is married to Kelly) replaced Ryan as cohost.
Ryan remains one of the most booked and busy stars in Hollywood. In addition to American Idol and now Wheel of Fortune, he also hosts a weekly radio show called On Air and the annual ABC New Year's Rockin' Eve special.
In fact, Ryan is no stranger to taking over for famed hosts. In 2005, he took over for Dick Clark as the host of the live New Year's Eve special.
A return date for Wheel of Fortune in September has not yet been announced.
Marvin Harrison Jr., Fanatics said, “rejected or ignored every request” from the company while refusing to fulfill obligations of their contract that was signed last May.