• Loading stock data...
Thursday, May 30, 2024

Andy Reid Gets His $100 Million

  • The Kansas City coach previously made $12.5 million per season. 
  • Chiefs’ ownership has been labeled cheap in recent months by the NFLPA report card.
Mark J. Rebilas-USA TODAY Sports

The Chiefs’ dynasty is finally paying off for Andy Reid. 

Monday, the Chiefs extended Reid in a deal that was merely reported as making him the highest-paid coach in the NFL. But NFL coaching salaries are murky, with some teams using the lack of transparency to lowball assistants and others using the lack of a salary cap to break the bank for brand-name hires.

Tuesday, the value of the deal was reported by Sportico: $100 million over five years. The contract makes him the highest-paid coach in U.S. sports and expires after the 2029 Super Bowl, when Reid would be a month from turning 71. Reid previously made $12 million a year in his last contract. 

Additionally, Kansas City extended the contracts of general manager Brett Veach and president Mark Donovan. 

“Mark, Brett and Andy have achieved historic success together, and we are thrilled that they will continue in their roles for many years to come,” team owner Clark Hunt said in a statement. “Individually, Mark, Brett and Andy each represent the best in the National Football League at their respective positions, and together, they make up one of the finest leadership teams in all of professional sports.”

The move represents a public relations win for a team that hasn’t seen many since winning its second consecutive Super Bowl in February. Hunt’s family was voted among the league’s worst ownership groups in the NFLPA’s annual report card, in which Reid was also voted one of the NFL’s best coaches. The Chiefs also saw a controversial sales tax that would help fund proposed renovations to Arrowhead Stadium fail to pass in a public vote by locals, which Donovan said could lead the team to look elsewhere if it did. Wide receiver Rashee Rice is likely facing a multigame suspension due to his role in a multivehicle Dallas car wreck, which sent two people to the hospital, and Rice reportedly fled. 

Reid, who is 66, never publicly said he considered retiring, but NBC Sports reported the Chiefs were prepared for the possibility, which is perhaps why he got a contract that only rivals Bill Belichick’s most recent one with the Patriots, which reportedly paid $25 million a year

Hunt also opened his checkbook for defensive end Chris Jones this offseason. Jones signed a five-year deal worth more than $158 million, which is the second-highest contract signed by a defensive player. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Nov 4, 2023; Tuscaloosa, Alabama, USA; The Alabama Crimson Tide and the LSU Tigers game during the second half at Bryant-Denny Stadium.

In Wake of Settlement, NCAA Considering Jersey, On-Field Corporate Logos

NCAA is in search of new revenue following last week’s historic settlement.
Jan 27, 2024; Storrs, Connecticut, USA; Former UConn Huskies player Breanna Stewart is recognized along with other players before the start of the game against the Notre Dame Fighting Irish at Harry A. Gampel Pavilion.

New League to Offer Record Women’s Pro Basketball Salaries

Unrivaled is a three-on-three league founded by Breanna Stewart and Napheesa Collier.
Aug 18, 2016; Rio de Janeiro, Brazil; Julio Cesar La Cruz (CUB, red) faces Adilbek Niyazymbetov (KAZ, blue) during boxing final in the Rio 2016 Summer Olympic Games at Riocentro - Pavilion

Discredited Boxing Organization Vows to Award Prize Money to Paris Olympians

The IBA, unrecognized by the IOC, vowed $50,000 to boxing gold medalists.
podcast thumbnail mobile
Front Office Sports Today

Why Indianapolis Punches Above Its Weight as a Sports City

0:00

Featured Today

Jan 11, 2024; Paris, FRANCE; NBA commissioner Adam Silver speaks before a NBA Game between the Brooklyn Nets and the Cleveland Cavaliers at AccorHotels Arena.

Adam Silver Is the Real Winner in the Battle for the NBA’s Rights Future

For the past decade, the commissioner has been playing chess, not checkers.
NCAA headquarters in Indianapolis. Ncaahall 311477 Jpg
May 25, 2024

From Revenue-Sharing to Private Equity: Breaking Down the NCAA’s Historic Week

Commercialization of college sports has never been more evident than this week.
exclusive
May 20, 2024

‘This Is Semi-Pro’: Inside One Arena Football League Team’s Collapse

The collapse of the Georgia Force, as told by the players who lived it.
Michael Block signs autographs on the 18th hole during day three of practice for the PGA Championship at Valhalla Golf Club on Wednesday, May 15, 2024.
May 19, 2024

‘I Prefer It This Way’: How Life Works for PGA Club Pros

Here’s how life works for the qualifiers at golf’s second major.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
EA Sports
Multiple - USA Careers
Nike
Multiple - USA Careers
CAA
Multiple - USA Careers
Bruce Bochy and his players

The Highest-Paid MLB Managers

Cubs skipper Craig Counsell ranks atop the list as the highest-paid MLB manager in 2024.
April 22, 2024

‘Give Them the Real’: Why Dawn Staley ‘Spoiled’ Local South Carolina Reporters

Staley’s love for the local media leads to more coverage and passionate fans.
May 9, 2024

Rick Carlisle’s Wild ‘Small-Market’ Rant Is the Pacers’ Last Shot

Carlisle blames officiating for the Game 2 loss at MSG. His players disagree.
Sponsored

How Duracell is Making Fans Fall in Love with F1 Racing

Nobody expected this household brand to become F1’s newest darling.
April 17, 2024

NCAA Made Empty Threats to Jim Harbaugh over Lawyer’s Twitter Posts

The attorney kept criticizing the NCAA on social media after the October warning.
April 10, 2024

Stanford’s Tara VanDerveer Retires With ACC Move Looming

She set the all-time coaching record with 1,216 wins.
April 9, 2024

John Calipari’s Kentucky Exit Is As Slow and Awkward As a Dog in a Stroller

Calipari steps away from Kentucky with the Arkansas deal still unofficial.
April 8, 2024

Chicken Magnate Lures Calipari to Arkansas in Seismic Move

The chicken man blew up college basketball last night.