Sean Payton set for NFLís highest-paid coach

12/30/12 in NFL   |   Mia781   |   953 respect

FanIQ | Sports Rumors, Gossip, Blogs, News & Discussion ForumsAlthough there had was rumored to be a lot of interest in Sean Payton after the NFL voided his previous contract extension, the New Orleans Saints wrapped up the season and settled the negotiation by signing the Super Bowl winning coach to a five-year deal on Friday. It was a wise decision by New Orleans Saints owner Tom Benson, who undoubtedly saw it as a top priority as the team landed evidently outside the playoffs with a 7-8  record as their coach Sean Payton served a year-long suspension due to the bounty scandal. However, the New Orleans Saints commitment to Sean Payton only becomes clearer after reports put Sean Payton’s renegotiated contract at an $8 million salary annually.
Sean Payton’s new found riches establish him as the NFL’s highest paid coaches, putting him even ahead of New England Patriots coach Bill Belichick, who earns a reported $7.5 million annually. According to Forbes, it also makes Sean Payton America’s highest-paid coach among all sports.
The 49-year-old Sean Payton and the New Orleans Saints have only agreed in principal to the extension contract and will await for the NFL’s approval. The NFL rejected a 2011 deal between the two parties due to some condition in the contract language which allowed Sean Payton to walk away in the event that New Orleans Saints general manager Mickey Loomus was suspended fired or left the front office. The NFL feared it would set “a bad precedent” to other NFL coaching contacts.
However, a source with knowledge of the negotiation said that this time around they don’t expect the league to have issues in the approval since any language has been “cleaned up” in the contract.
Sean Payton would have been able to walk away as one of the most sought after free agent coach had the New Orleans Saints decided against renegotiating the contract extension. However, according to sources, Sean Payton head repeatedly expressed he had no intentions of leaving the New Orleans Saints, after building-up the team from scratch with Mickey Loomis into a Super Bowl winning-team following the 2009 season. Their strong relationship accounted for one of the objectable clauses in the original contract extension.
The organization had a difficult season with linebackers coach Joe Vitt taking the helm of the team while Sean Payton served his suspension, but he’ll be entitled for reinstatement on 4th February, just a day after New Orleans host the Super Bowl. For that matter, Sean Payton and NFL Commissioner Roger Goodell are expected to meet to discuss the process o reinstatement before he can officially return form the suspension.
Earlier this month, Roger Goodell indicated that the preliminary discussions for Sean Payton’s return from suspension following the reinstatement were already being held internally, and talks would pick-up pace after the holidays.
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