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Matt loses $5 to President Bush!

Matt always stands by his team – and that loyalty cost him $5 in a bet with President George W. Bush!Their people set up their wager over the playoff series between the Yankees and the Rangers. "He's got a long history with the Texas Rangers, and I'm a lifelong Yankees fan," Matt told Jay Leno during his apparance last night on the "Tonight Show."The Rangers won the American League Championship

Matt always stands by his team – and that loyalty cost him $5 in a bet with President George W. Bush!

Their people set up their wager over the playoff series between the Yankees and the Rangers. "He's got a long history with the Texas Rangers, and I'm a lifelong Yankees fan," Matt told Jay Leno during his apparance last night on the "Tonight Show."

The Rangers won the American League Championship after defeating the Yankees Friday night. "It's a little painful," Matt said.

Matt will sit down with Bush in his first one-on-one TV interview since he left the Oval Office. The interview will air Nov. 8 in primetime. Bush will also join Matt live on TODAY on Wednesday, Nov. 10.

Watch the two clips below for Matt's full interview -- including a surprise appearance by Al Roker in the second video!