If Sean Payton was coming back tothe NFL, he was doing so with a massive deal in place.
According to a report from NBC Sports’ Peter King, the Broncos head coach, who was traded there from New Orleans, will be getting close to $20 million per season to coach the franchise.
Payton’s salary will reportedly land “in the neighborhood” of $18 million per year.
Denver officially named Super Bowl XLIV champion Sean Payton as the 20th head coach in franchise history, Owner & CEO Greg Penner announced Friday.
In exchange for Payton being released from his contract with the Saints, Denver and New Orleans have agreed to exchange draft compensation.
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Payton led New Orleans to a division-leading seven NFC South championships and nine playoff appearances over his tenure. He also guided them to nine seasons with at least 10 wins and a Super Bowl XLIV title to conclude the 2009 season.
Payton ranks sixth among active coaches in all-time wins.
The Broncos front office is praying that he can turn this team around and possibly save their investment in Russell Wilson after his first year was a disaster.
