When Jon Gruden originally signed on to coach the Raiders back in 2018, the long-time NFL coach signed a huge 10-year deal that was scheduled to pay him nearly $100 million. After his sudden resignation on October 11th, one of the many things that had to be figured out between Gruden and the Raiders was how much money he was going to walk away with.
It did not take very long as the two sides have finally hammered out a deal. At the NFL owners meetings in New York on Wednesday, Raiders owner Mark Davis confirmed that he has reached a settlement with the team’s former coach, according to the Athletic.
Gruden reportedly had $40 million of guaranteed payments remaining on his contract.
Exact details of the settlement agreement were not released.
“He’s hurt, he’s really hurt, and I understand that,” Davis said of Gruden. “But he understands the ramifications of what he said. I love Jon and I love his family. We all have demons in our lives, and you have to understand that, and you also have to look at redemption as well.”
During his talk with the media on Wednesday, Davis made sure to note that he wasn’t happy with the NFL about how the situation played out.
“It’s a timing issue, that’s probably the disappointment that I had,” Davis said. “If we had gotten the information in the summer, when they learned about it, it would have been a lot easier for everyone involved.”
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Davis was so upset with how the email situation played out, he also called on the NFL to release a written report of the entire Washington Football Team investigation.
“I think that there should be, yeah,” Davis said when asked if there should be a written report, via ESPN.com. “Especially with some of the things that were, I guess, charged. Yeah, I believe so, I think people deserve [a written report], especially people that were, quote, victims.”
However, Dallas Cowboys owner Jerry Jones was just fine on how it played out.