Andy Reid, Chiefs to open talks on extension; Reid anticipated to turn out to be NFL’s highest-paid head coach

All through final season, league sources identified how uncommon it’s for a crew to not finalize extensions after a Tremendous Bowl win — on this case, the second title for Reid and Veach, who beforehand received Tremendous Bowl LIV in February 2020 and agreed to new six-year offers that fall. A 3rd championship after beating the 49ers this month in Las Vegas put the duo in rarified air, setting the stage for contracts that convey them in step with the NFL’s finest after which some.

Reid is believed to rank roughly eighth amongst head coaches in common annual worth on his contract — and third within the AFC West after the big-money additions previously two years of Sean Payton and Jim Harbaugh, respectively. Veach, 46, is believed to be one of many NFL’s lowest-paid GMs.

Coach and GM contracts aren’t public document like participant contracts, so monitoring them might be difficult. However sources say a half-dozen NFL coaches are believed to be making $15 million or extra per 12 months, even after the dismissals of Invoice Belichick and Pete Carroll this offseason. And it is truthful to say the Chiefs’ lack of recent offers — and raises — for Reid and Veach after final 12 months’s title was an anomaly within the trendy NFL, elevating some eyebrows across the league.

One 12 months after the Chiefs’ first title underneath the present regime, the Bucs received Tremendous Bowl LV and introduced new contracts with head coach Bruce Arians and basic supervisor Jason Licht that June. The Rams received Tremendous Bowl LVI after that and introduced extensions that September for head coach Sean McVay and GM Les Snead. (McVay acknowledged his was carried out a lot earlier.) The Eagles likewise introduced extensions for head coach Doug Pederson and GM Howie Roseman after they received Tremendous Bowl LII in February 2018.

Since that third Tremendous Bowl win a few weeks in the past, the Chiefs have signed defensive coordinator Steve Spagnuolo to a brand new three-year contract that places him among the many NFL’s highest-paid on the place and prolonged the contract of particular groups coordinator Dave Toub.

Now, it is Reid and Veach’s flip, with new offers doubtlessly carried out by subsequent month’s Annual League Assembly (March 24-27).