{"id":5145,"date":"2024-04-23T07:34:18","date_gmt":"2024-04-23T07:34:18","guid":{"rendered":"https:\/\/sbiz.thongtinluat.com\/?p=5145"},"modified":"2024-04-23T07:34:18","modified_gmt":"2024-04-23T07:34:18","slug":"chiefs-to-set-a-new-benchmark-with-andy-reids-blockbuster-extension-as-they-did-with-patrick-mahomes-210m-deal-insider-reveals-vu-thuy","status":"publish","type":"post","link":"https:\/\/sbiz.thongtinluat.com\/chiefs-to-set-a-new-benchmark-with-andy-reids-blockbuster-extension-as-they-did-with-patrick-mahomes-210m-deal-insider-reveals-vu-thuy\/","title":{"rendered":"Ch\u0456ef\u0455 to Set \u0430 New Ben\u0441hm\u0430rk W\u0456th Andy Re\u0456d\u2019\u0455 Blo\u0441kbu\u0455ter Exten\u0455\u0456on, \u0430\u0455 They D\u0456d W\u0456th P\u0430tr\u0456\u0441k M\u0430home\u0455\u2019 $210M De\u0430l; In\u0455\u0456der Reve\u0430l\u0455"},"content":{"rendered":"<div id=\"readability-page-1\" class=\"page\">\n<div id=\"article-content\">\n<p id=\"article-content-block-1\" data-type=\"content\" data-variant=\"p\">A standard practice after a Super Bowl-winning season across all NFL teams is handing out contract extensions to the managers and head coaches. Hence, it was unusual when\u00a0Patrick Mahomes\u00a0led Kansas City Chiefs failed to extend the contracts of GM Brett Veach and HC Andy Reid. The duo last signed extensions after their first Super Bowl win in this cycle in 2019. Since then, despite winning the Super Bowl last season, the duo have strangely been underpaid without extensions. However, it has all changed today.<\/p>\n<p data-type=\"content\" data-variant=\"p\"><img decoding=\"async\" src=\"https:\/\/cdn-wp.thesportsrush.com\/2024\/04\/6f720347-yagya-fis-25.jpg?format=auto&amp;w=3840&amp;q=75\" alt=\"Dynamic Duo Patrick Mahomes &amp; Andy Reid Unite to Scout Talent Before NFL Draft 2024\" \/><\/p>\n<p id=\"article-content-block-2\" data-type=\"content\" data-variant=\"p\">Over the last few years, one of the concerns around the 65 year old Chiefs HC Andy Reid has been him nearing retirement. Many expected Coach Reid to hang up his boots after the Super Bowl win this season. But his latest confirmation that he is geared up for the three peat has put those concerns to rest. Hence, NFL Insider Tom Pelissero in his\u00a0latest report has confirmed\u00a0that the Chiefs are extending Reid and Veach\u2019s contract. The report was verified by the KC Chiefs where they revealed that Reid\u2019s new deal will be till 2029 and the fiscal compensation makes him the highest paid coach in the NFL.<\/p>\n<p id=\"article-content-block-4\" data-type=\"content\" data-variant=\"p\">While salary and contracts of NFL support staff members are usually not revealed, it\u2019s reported that elite NFL coaches generally earn around $15 million. Coaches are also not paid highly with the current highest paying coach being Sean Payton who earns a\u00a0reported $18 million. With reports stating that Reid has been awarded the highest salary, it\u2019s safe to assume that he will be earning more than $18 million a year with the Chiefs.<\/p>\n<p id=\"article-content-block-5\" data-type=\"content\" data-variant=\"p\">Coach Reid\u2019s extension till 2029 is also near the time frame of Patrick Mahomes\u2019 contract. However, the fiscal aspects of the contracts are super different yet alike. Here\u2019s how.<\/p>\n<h2>Comparing The Contracts of Coach Andy Reid And Patrick Mahomes<\/h2>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Chiefs?src=hash&amp;ref_src=twsrc%5Etfw\">#Chiefs<\/a> chairman and CEO Clark Hunt told Andy Reid he wanted to make him the NFL\u2019s highest-paid coach, and now he is, on a deal that runs through 2029, per sources.<\/p>\n<p>GM Brett Veach also is under contract through the end of the decade as KC launches its quest for a three-peat. <a href=\"https:\/\/t.co\/KDgvFqwl1E\">pic.twitter.com\/KDgvFqwl1E<\/a><\/p>\n<p>&mdash; Tom Pelissero (@TomPelissero) <a href=\"https:\/\/twitter.com\/TomPelissero\/status\/1782565621982548465?ref_src=twsrc%5Etfw\">April 23, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p id=\"article-content-block-6\" data-type=\"content\" data-variant=\"p\">With Coach Reid\u2019s bumper new contract, the Chiefs HC can now be attributed as the Mahomes of the HC world considering the longevity and monetary benefits of their contracts. For starters,\u00a0Patrick Mahomes\u2019 latest contract\u00a0is a 10 year contract worth $450 million set to end in 2031. But just $45 million a year? Don\u2019t other QBs earn more than that? Well that\u2019s true. This is also why Mahomes\u2019 contract was reworked recently helping him earn a whopping $210.6 million in the next years, making his contract worth $52.65 million annually.<\/p>\n<p id=\"article-content-block-7\" data-type=\"content\" data-variant=\"p\">Coach Reid meanwhile had a bump from his last contract of $11.5 million to a currently speculated $18 million+ contract. Andy Reid\u2019s contract simply pales in front of Mahomes despite the significance and fundamental similarities between them. However, when\u00a0compared with fellow coaches,\u00a0Coach Reid has Patrick Mahomes esque dominance. Reid\u2019s latest contract easily eclipses Sean Payton ($18 million), Pete Carrol and Sean McVay earning $15 million contracts. Kevin Stefnaski of the Browns is the lowest paid coach with a salary of $3.5 million making the difference between his and Reid\u2019s salary \u2013 a whopping $15 million +.<\/p>\n<p id=\"article-content-block-8\" data-type=\"content\" data-variant=\"p\">All said and done, Andy Reid was super happy with the contract extension. More than the much deserved monetary raise, Reid was happy that he gets to play out his career in a city where has had all his 12 grandkids. The contract extension thus holds immense sentimental value for HC.<\/p>\n<\/div>\n<\/div>\n<div id=\"chapters-container\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A standard practice after a Super Bowl-winning season across all NFL teams is handing out contract extensions to the managers and head coaches. Hence, it was unusual&#8230; <\/p>\n","protected":false},"author":2,"featured_media":5146,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nflnews"],"_links":{"self":[{"href":"https:\/\/sbiz.thongtinluat.com\/wp-json\/wp\/v2\/posts\/5145"}],"collection":[{"href":"https:\/\/sbiz.thongtinluat.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sbiz.thongtinluat.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sbiz.thongtinluat.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sbiz.thongtinluat.com\/wp-json\/wp\/v2\/comments?post=5145"}],"version-history":[{"count":1,"href":"https:\/\/sbiz.thongtinluat.com\/wp-json\/wp\/v2\/posts\/5145\/revisions"}],"predecessor-version":[{"id":5147,"href":"https:\/\/sbiz.thongtinluat.com\/wp-json\/wp\/v2\/posts\/5145\/revisions\/5147"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sbiz.thongtinluat.com\/wp-json\/wp\/v2\/media\/5146"}],"wp:attachment":[{"href":"https:\/\/sbiz.thongtinluat.com\/wp-json\/wp\/v2\/media?parent=5145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sbiz.thongtinluat.com\/wp-json\/wp\/v2\/categories?post=5145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sbiz.thongtinluat.com\/wp-json\/wp\/v2\/tags?post=5145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}