Reports: Coach Sean Payton At least Wants $20 Million A Year On Return
According to published reports, Sean Payton is seeking a coaching position that will pay him between $20 million and $25 million a year. However, it’s not really news. It’s assumed.
Reports: Coach Sean Payton At least Wants $20 Million A Year On Return
It was rumoured that the Dolphins would have given Payton $100 million on either a five-year or four-year agreement once it became clear last year that his move to the team was a deal that had already been done behind the scenes but had been scuttled by the Brian Flores lawsuit. This would have generated $20 million to $25 million on average annually.
#Broncos QB Russell Wilson has reached out to Sean Payton about coaching Denver, according to FS1.
"He wants Sean Payton. He needs fixing." pic.twitter.com/zrrGZeYLD5
— Dov Kleiman (@NFL_DovKleiman) January 19, 2023
Given the availability of quarterback Justin Herbert, it would have been intriguing to see if Payton would have scaled back his goals for leading the Chargers. But unless Payton skips 2023 and the Chargers make a change in 2024, that one won’t happen.
For coaches, there is no wage ceiling. Additionally, there is no salary ceiling and no spending cap. NFL teams have generally been successful in preventing bidding wars for coaches, with most teams prepared to hold the line, as the Giants did three years ago when the Panthers overpaid for Matt Rhule.
#Saints HC Sean Payton is seeking to be paid $20-25 million per season.
— NFL Rumors (@nflrums) January 19, 2023
Payton spoke with Saints GM Mickey Loomis to discuss a new landing spot in 2023. He explained on The Herd with Colin Cowherd that New Orleans anticipates at the very least a first-round pick.
“I know Mickey well. He’s got a job to do as a general manager with the Saints,” he told Cowherd. “He’ll get the right compensation. If it (negotiations) gets that far, he will arrive at it.”
Sean Payton is believed to be looking for a contract in the $20 million-to-$25 million-a-year range over four years, per @JeffDuncan_.
The Broncos wouldn't have any issue paying that if he's their guy.
— Zac Stevens (@ZacStevensDNVR) January 18, 2023
On Monday, Payton had an interview with the Houston Texans to become their head coach. On Friday, the 59-year-old is supposed to meet with David Tepper, owner of the Carolina Panthers.
.@SeanPayton addresses head coach openings pic.twitter.com/LYWpWlcalC
— Herd w/Colin Cowherd (@TheHerd) January 16, 2023
If the Panthers and Broncos finish up in a tug-of-war for Payton this season, things might get interesting. The mega-billionaires from Wal-Mart who purchased the Denver franchise are the two wealthiest ownership groups, and they have significantly more money than Panthers owner David Tepper, who has a net worth of $17 billion.
Currently, the New Orleans Saints, whom Payton coached from 2013 to 2021, still hold the rights to the head coach.
Congratulations @SeanPayton. Welcome to Los Angeles as the new coach is the @chargers. There is no way Brandon Staley can keep his job after blowing this lead. There’s no coming back from this for him!
— Stephen A Smith (@stephenasmith) January 15, 2023
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