The Denver Broncos are making Sean Payton one of the highest-paid coaches in NFL history with a contract worth somewhere between $17 million and $20 million per season, 9News and NBC Sports reported.
Payton will be introduced by the Broncos on Monday.
NBC Sports puts the price tag at $18 million per season on at least a five-year contract. Sean McVay of the Los Angeles Rams reportedly was the highest-paid NFL coach at $15 million to $18 million per season.
Payton, 59, was seeking a deal worth $20 million to $25 million, according to Pro Football Talk.
The Broncos and New Orleans Saints agreed to compensation last week that cleared the path for Payton to be hired by the Broncos. Denver traded a first-round pick in 2023 -- No. 29 overall -- and a second-round pick in 2024 for Payton and a third-round pick.
Payton took last season off after coaching New Orleans to a 152-89 record in 15 seasons. He guided the Saints to the 2009 season Super Bowl title.
Bill Belichick of the New England Patriots becomes the third-highest paid coach at with a reported $12.5 million per season. Seattle's Pete Carroll ($11M) and San Francisco's Kyle Shanahan ($9.5M) round out the top five, reportedly.
--Field Level Media