‘NIGHTLINE’ host Ted Koppel has a home at PBS – if he can’t work things out at ABC.

PBS president Pat Mitchell says Koppel would be welcomed with open arms at PBS – and says she’s already discussed this with the “Nightline” anchor several times.

Mitchell approached Koppel on March 1 – the day that news broke that ABC was wooing David Letterman to replace “Nightline” at 11:35 p.m., according to a report in USA Today.

“They said there’s an obvious match between Ted’s work and what we stand for,” Mitchell said.

The big question, of course, is how PBS – funded by public and corporate grants – could ever afford Koppel’s $8 million yearly salary. ABC had no comment.