British newspaper The Sun is reporting that Smith has signed on for a three-year stint as the BBC's new Timelord, with the option for the contract to be extended a further two years if necessary. The reason for the long term nature of the deal, according to the papers' anonymous source? Abandonment issues, apparently:
Bosses don't want Matt doing a David and leaving when things are going great.
So, in order to stop Smith "doing a David," they sign him up for three years... which is a year less than Tennant spent on the show? Something tells me that the anonymous source may not be entirely real here.
'Who' star to earn £1m in five-year deal [Digital Spy]