Jimmy Kimmel just revealed how much he is going to be paid to host the Oscars in 2017.

On Wednesday morning, the “Jimmy Kimmel Live!” host revealed during the “The Kevin & Bean” that he will be receiving $15,000 to host the movie industry’s biggest award show. The Hollywood Reporter was the first publication to report his compensation.

Although the pay seems to be a considerable sum for many, it is actually low considering that Kimmel is hosting the Academy Awards – an event that celebrates the biggest achievements of the industry. The 49-year-old late-night talk show host even joked, “You know why [they’re paying me at all]? I think it’s illegal to pay nothing.”

Apparently, Kimmel’s compensation is the same as what past hosts like Chris Rock, Seth MacFarlane, Ellen DeGeneres, Neil Patrick Harris and Billy Crystal received. “That’s what they told me.” Later, however, he pointed out that maybe revealing his pay for hosting the Oscars in 2017 wasn’t such a good idea. “I’m not sure I was supposed to reveal this, but nobody told me not to. I consider this their fault.”

The comedian, who has hosted the Emmy awards, ESPYs and the American Music Awards, revealed that they asked 14 people before extending an invitation to him. “I absolutely was surprised.” Indeed, the announcement of the host of the 89th Annual Academy Awards came rather late. On Dec. 5, it was announced that Kimmel would be hosting the award ceremony.

The ABC talk show host received positive reviews for his performance at the Primetime Emmy Awards in September. He made the show immensely entertaining. Hopefully, he will do a good job hosting the Oscars.

The 89th Academy Awards will air live on Sunday, Feb. 26, 2017 on ABC.

What do you think of Jimmy Kimmel’s compensation for hosting the Oscars? Share your thoughts below.