Exclusive | Gayle Kings 13-year career at CBS News may finally be coming to an end: sources

Gayle King’s time at CBS may be running out.The star host of “CBS Mornings” — who began her early a.m.stint at the Tiffany Network in 2012 alongside Charlie Rose and Norah O’Donnell — will face tough negotiations to renew a contract that’s coming due in September, sources told The Post.Insiders said the 70-year-old King’s salary, pegged at more than $10 million, is far too high to justify her show’s plummeting ratings.

As previously reported by The Post, King’s yearly compensation got trimmed last year from $13 million when she inked a new one-year deal.“This could be Gayle’s last year,” according to a media insider close to the Tiffany Network.When King re-upped last year, CBS parent Paramount Global was in the throes of steep budget cuts ahead of its proposed merger with Hollywood studio Skydance Media. The company is still in upheaval.On Monday, CBS News boss Wendy McMahon stepped down amid steep ratings declines at “CBS Mornings” and “CBS Evening News,” which she tried to overhaul with a new format and anchor lineup. Now, No.

2 executive, CBS News president Tom Cibrowski, will try to stem the bleeding — which could get worse if King leaves. “Tom doesn’t have enough hands to plug the holes in the dam,” said a CBS insider, who noted that losing King would majorly shake up the morning program and be another problem the veteran programmer would have to solve.Paramount is expected to kick off another round of brutal cuts as part of its mandate to slash $500 million as soon as next month.Assuming Skydance and Paramount close its deal, new management from Skydance are expected to continue cutting, a well-placed source told The Post. “The first year of the merger will just be consolidation,” the person said.Skydance declined to comment, but a source close to the company said: “No one has given any thought to Gayle King’s contract as there are clearly other priorities to tackle.”For King, another big one-year dea...