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Jay Leno has been the leading talk show man for nearly a couple of decades now, but it looks like his reign might be closing soon.

According to The Hollywood Reporter, the Tonight Show host’s ratings have been much lower this past season than ever before, where he has been losing to Jimmy Kimmel.

DETAILS: BURY DA BEEF! Jimmy Kimmel Opens Up About His Feud With Jay Leno 

Rumors are circulating that NBC is planning to possibly replace Jay and his show with Jimmy Fallon during the famous 11:35 time slot on the TV network.

The network allegedly finds him to be the most natural replacement for the new night talk show host chair.

VIDEO: PUCKER UP! Jay Leno Plants A Wet One On Bar Refaeli’s Go Daddy Guy

Ironically enough, Jay’s contract with NBC ends in 2014, so it might not be a shocking move if the network replaces his show.

Can you guys see Jimmy Fallon as a good replacement for Leno?