Live with Kelly and Ryan shocked viewers yesterday with a surprise announcement that Ryan Seacrest would be leaving the show after six years of co-hosting alongside Kelly Ripa. With Seacrest out, Ripa’s husband Mark Consuelos was revealed as his replacement.

Seacrest broke the big news yesterday, but he’ll remain on Live for the rest of the season, saying his official goodbye in the spring.

“Working alongside Kelly over the past six years has been a dream job and one of the highlights of my career,” Seacrest told the audience on yesterday’s (Feb. 16) show. “She has been an amazing partner, friend, and confidant, and although we will always be a part of each other’s lives, I will miss our mornings together.”

He added, “It’s been a memorable ride and now I’m excited to pass the baton to Kelly’s ‘real’ husband, Mark.”

Seacrest said he’s “made memories to last a lifetime, met some of the most incredible people and had the warmest welcome into the homes of so many viewers across America” — so why is he leaving?

Here’s what we know:

Why Is Ryan Seacrest Leaving ‘Live with Kelly and Ryan’?

While breaking the news of his exit yesterday, Seacrest had plenty of kind words to say about Ripa and their time together on Live, but he never really explained why he’s leaving. Thankfully, sources have filled in the blanks. According to TMZ, Seacrest actually overstayed his time on the daytime show. While he was originally slated to co-host for three years starting in 2017, he doubled his time to six years. As for all those rumors Ripa is hard to work with? We’re calling those into question considering Seacrest signed on to spend more time beside her at their desk each morning.

TMZ also reports that Seacrest is likely leaving the east coast now that his Live gig is up, and will move back to Los Angeles. Their sources also say his exit could be linked to a somewhat unexpected passion: olive oil. The outlet reports Seacrest is “in hook, line and sinker with olive oil” and owns a property to produce it. Could he be ditching TV to launch a culinary career?

The clues may have been right in front of us all along — just look at Seacrest’s Instagram post from Sept. 30, 2022, in which he promotes “#NationalExtraVirginOliveOilDay !” (yes, this is a thing) and admits he is a “massive extra virgin olive oil enthusiast” while gulping down a spoonful of the stuff.

Anyway, as fun as it is to imagine Seacrest ditching Hollywood to spend time grinding up olives in the Mediterranean, we likely haven’t seen the last of him on our screens. In a farewell post on Instagram, the host shared his post-Live plans, telling his followers he’ll be keeping busy with a slew of ongoing projects.

“I’ll be transitioning out of Live this Spring to shoot the 21st season of American Idol in LA, continue my radio show on KIIS-FM and Dick Clark’s New Year’s Rockin Eve, and focus my summer on opening three more Ryan Seacrest Foundation Studios in pediatric hospitals across the country,” he shared yesterday.

Live with Kelly and Ryan airs weekdays at 9/8c on ABC.