Sean Payton’s new extension with the Saints leaves him among the highest-paid coaches in professional sports, according to Jason La Canfora.
Sources have told La Canfora that Payton’s annual compensation reaches the range of $13 million per year as part of his new deal. Before this, La Canfora says that there had been a $10 million ceiling of sorts for the bulk of NFL coaches.
Payton’s contract will keep him in New Orleans through the 2024 season.
Saints owner Gayle Benson has reportedly given Payton and GM Mickey Loomis “significant power” over the franchise with the two men essentially running the team on a daily basis.
Payton is now in position to lead the team beyond the tenure of QB Drew Brees.
Payton, 55, began his NFL coaching career with the Eagles as their QBs coach back in 1997. He later joined the Giants for three seasons before the Cowboys hired him as their assistant HC/QBs coach for the 2003 season.
The Saints brought Payton in as their head coach for the 2006 season and he’s remained in New Orleans since then.
For his career, Payton has led the Saints to a record of 121-75 (61.7 percent), which includes seven playoff appearances and one Super Bowl title in 2009.