While I'm sure it pays very very well, being the host on Jeopardy is a comedown for any well known person with a decent career. The only celebrity that I can think of that did a good job of it was Groucho Marx. There's a reason most game show hosts are professional game show hosts--like Alex Trebek was.
Now maybe if you could get someone like Chapelle in there and let him make fun of the contestants.
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