News now : Kansas city chief coach Andy Reid Loses $160.12m Contract

Andy Reid and the Kansas City Chiefs reached a contract extension that will make the three-time Super Bowl winner the highest-paid coach in U.S. sports.

Chiefs owner Clark Hunt vowed to make Reid the highest paid coach, with the previous mark the $90 million, five-year deal the Denver Broncos gave Sean Payton to lure him back to the NFL sidelines last year. Reid’s new deal is expected to be worth in the neighborhood of $100 million over five years. The contract runs through the 2028 season and expires after the Super Bowl in February 2029.

The only coach ever to earn more on an annual basis was Bill Belichick, who earned an estimated $25 million annually before he parted ways with the New England Patriots after the 2023 season.

Jon Gruden had the only $100 million coaching contract in NFL history to date when the Raiders secured his signature with a nine-figure deal in 2018; that contract stretched over 10 years. Gruden resigned as coach in 2021 after unflattering emails of his were leaked. He’s suing the NFL for the balance of his contract after he reached a settlement with Raiders owner Mark Davis.

Reid is the only NFL coach to win 100 games with two franchises, and he has made the playoffs 19 times in 25 seasons coaching the Chiefs and Philadelphia Eagles. He is one of five coaches to win at least three Super Bowls, and his 284 career wins, including postseason, are fourth all time.

The Chiefs were coming off of six losing seasons in seven years when Reid was hired ahead of the 2013 season. In 2017, the Chiefs drafted two-time NFL MVP Patrick Mahomes. Reid and Mahomes, who star in State Farm commercials together, will attempt to lead the Chiefs to the first Super Bowl three-peat in NFL history. The Chiefs are currently a tick behind the San Francisco 49ers as favorites for next year’s Super Bowl title.

The Chiefs also announced contract extensions for general manager Brett Veach and team president Mark Donovan on Monday evening.

“Mark, Brett and Andy have achieved historic success together, and we are thrilled that they will continue in their roles for many years to come,” owner Hunt said in a statement. “Individually, Mark, Brett and Andy each represent the best in the National Football League at their respective positions, and together, they make up one of the finest leadership teams in all of professional sports.”

The extensions land two months after the Chiefs ownership received a failing grade in the NFL Players Association report card—Reid scored the highest of any coach.

The ownership critique was on a failure to invest in facilities, but Hunt has opened his checkbook this offseason. In addition to the front office deals, the Chiefs also signed defensive tackle Chris Jones to the second-biggest deal ever for a defensive player at $158.75 million over five years.