NFL tells teams they have burned $800 million on fired personnel over last 5 years



by   |  VIEW 532

NFL tells teams they have burned $800 million on fired personnel over last 5 years

The NFL has sent a memo to teams telling them they have spent over $800 million in fired personnel over the last five years, according to Adam Schefter of ESPN. When a team signs a coach or general manager, their contracts are usually fully guaranteed.

So if a team decides to fire a coach, they have to fully pay the remainder of the contract. There have been multiple cases of this happening so far this season. The Indianapolis Colts, who signed Frank Reich to a multi-year extension last season, fired him as their head coach in early November.

Matt Rhule, who was in just the third year of his seven-year deal with the Carolina Panthers, was also fired early in the season. Meanwhile, the Tennessee Titans - who signed general manager Jon Robinson to an extension last season - recently fired Robinson.

The NFL sent a memo to teams

The Colts will be paying their former head coach Reich $9 million per year through 2026. Reich, who has a good relationship with Colts owner Jim Irsay, was relieved of his duties in early November.

After firing Reich, the Colts named Jeff Saturday as their interim head coach - who had no previous experience of coaching on the NFL or college level. In recent weeks, some have speculated that Irsay's firing of Reich was personal.

Irsay strongly denied those claims and noted he gave Reich an extension even though the coach already had two years remaining on his contract. "Frank is a treasured friend of my family and all my daughters. We go back a long, long way.

I'm very, very close to Frank, and I've known Frank for many decades. He's like family. I've been doing this for over 50 years, and I've never, ever, ever, ever given a coach an extension when there's two years left on the contract But [I did it] because of the closeness with him and our family, and because I hoped that maybe it would be something that would help strengthen him in his position and his own belief," Irsay said.