Ricky is the executive producer on the show, and while he admits Steve's departure will cost him future royalties, he thinks it's the right career move for him.
On his blog, he writes, "Well it's official. Steve Carell will leave The Office after this next season. It was of course inevitable (and sad), but I wish him all the luck in the world.
"It was expected of me, as executive producer, to persuade him to stay on. With syndication in full swing, the more successful the show remains, the more billions we all make."
He continued, "It was tempting, but the truth is, I believe he is doing the right thing. He's fulfilled his contract and more, and is a huge film star now. (I knocked it on the head after 12 episodes and a Christmas special.)
"I'd be lying if I said he should do more. He shouldn't. He should move on, continue to do great work, and buy a new house every time The Office is repeated somewhere. (That's what I do. Maybe I'll buy one next door to him one day. That'll f**king teach him.)"
Steve was number #78 on Forbes list of richest celebrities for 2010, so we're sure he's doing just fine! Who do you think should replace Steve on The Office?