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.
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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.
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.WANT MORE FROM TOTALPROSPORTS? FOLLOW US ON GOOGLE NEWS.