NFL teams spent $800 million on laid-off coaches and executives in the last 5 years
NFL officials have notified owners of the league’s 32 franchises that teams have spent $800 million on laid-off coaches and front-office executives over the past five years, league sources told ESPN.
The message, delivered at last week’s Dallas owners’ meetings, was sent by the league as a reminder that some franchises are considering significant end-of-season changes and hundreds of millions of dollars have been wasted by teams lately Those who do this may need to act less rashly.
According to sources, NFL officials went so far as to create spreadsheets specific to each team about the employees they laid off and the costs incurred by the team. The league wanted each team to see the exact cost of instability and the paid staff for services no longer performed.
Expense this year has already started to pile up in a way the league is said to be warning teams about going forward.
• The Panthers fired head coach Matt Rhule four years before his seven-year, $60 million contract expired.
• The Colts fired head coach Frank Reich four years before his August 2021 contract extension, which pays him $9 million annually, expired.
• The Titans fired general manager Jon Robinson four full years after the contract extension he signed last February.
In a league that averages almost seven managerial changes a year, these won’t be the last layoffs this season.
But the NFL is teaching teams patience in hopes of reducing the massive cost of laying off employees in key high-profile positions.
The Giants are paying three different head coaches and their respective coaching staffs this year alone: Pat Shurmur, who was fired from a five-year contract in 2020 after just two years; Joe Judge, who was sacked last January after also only lasting two years on a five-year contract; and Brian Daboll, first-year coach who had guided New York to a 7-5-1 record, went into the showdown with the Commanders on Sunday night.
Seven teams fired their head coaches either during or after the 2021 season: the Jaguars, Bears, Vikings, Giants, Dolphins, Broncos and Texans. Two others also had head coaching vacancies due to resignations: the Raiders and Saints.