In the past five years, NFL teams have spent $800 million on severance packages for fired coaches and managers. The league is now taking this as an opportunity to send a clear message.
Munich – The NFL is not only the most spectacular football league in the world, it also makes billions in revenue.
A considerable portion of the money generated flows as severance pay to fired coaches and other executives of the 32 participating teams.
As “ESPN” reports with reference to its own sources, the costs for this in the past five years amounted to 800 million dollars (over 750 million euros).
NFL sends out lists to every single team
This sum had been communicated to NFL team owners at a meeting in Dallas last week, along with a warning to be more patient and less hasty in making personnel decisions in the future.
In addition, the NFL is said to have listed to each team individually how much money they spend for services not rendered.
This season alone, the Carolina Panthers (Matt Rhule) and the Indianapolis Colts (Frank Reich) have already fired their head coaches. For the Tennessee Titans, it was general manager Jon Robinson.
Rhule was fired four years before the end of his seven-year contract, which paid him a total of 60 million dollars. Reich, too, was actually tied to the Colts for four more years. The contract, which had only been extended in August 2021, guarantees him nine million dollars annually. Robinson was also released four years before the end of the contract.
Giants currently pay three head coaches
The New York Giants may not be one of those teams, but they are still paying a lot of money for services not rendered. Because there are currently three coaches and their coaching staffs on the Giants’ payroll.
In addition to the current head coach Brian Daboll, these are Pat Shurmur, who was fired in 2020 after only two of five contract years, and Joe Judge. The latter was also fired in January 2022 after just two of a contractually guaranteed five years.
The NFL’s warning to its teams comes three weeks before the end of the regular season. Then, it is feared, the next wave of layoffs will roll in.
Many coaches of teams that don’t make the playoffs will fall victim to “Black Monday” the day after the last day of play.
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