After their back-to-back Super Bowl victories, the Kansas City Chiefs and head coach Andy Reid are set to enter contract negotiations that could make Reid the highest-paid coach in football. General manager Brett Veach is also expected to receive a new deal, replacing the final two years on their current contracts.
The Chiefs’ recent success has been nothing short of remarkable. They have won two consecutive championships, including this year’s Super Bowl LVIII victory over the San Francisco 49ers. This achievement makes them the first team to repeat as champions since the 2003-04 New England Patriots. Despite speculation about retirement, 65-year-old Reid has confirmed that he will return in pursuit of a three-peat.
Last season, it was noted by league sources that it is unusual for a team to delay contract extensions after a Super Bowl win. This was the case for Reid and Veach, who won Super Bowl LIV in February 2020 but did not receive new deals until later that year. However, their third championship win has put them in a position to negotiate contracts that will align with the highest-paid coaches in the NFL.
Currently, Reid ranks around eighth among head coaches in terms of average annual value on his contract. However, after recent big-money additions to the coaching staff in the AFC West, Reid now ranks third in his division behind Sean Payton and Jim Harbaugh. On the other hand, Veach is believed to be one of the lowest-paid general managers in the league.
While player contracts are public record, coach and GM contracts are not, making it difficult to track their salaries accurately. However, sources suggest that at least six NFL coaches earn $15 million or more per year. The lack of new deals and raises for Reid and Veach after last year’s Super Bowl win raised eyebrows around the league.
Looking at previous Super Bowl winners, it is clear that announcing contract extensions for coaches and GMs shortly after a championship victory is a common practice. The Tampa Bay Buccaneers, winners of Super Bowl LV, announced new contracts for head coach Bruce Arians and general manager Jason Licht in June. The Los Angeles Rams, winners of Super Bowl LVI, extended the contracts of head coach Sean McVay and GM Les Snead in September. The Philadelphia Eagles also announced extensions for head coach Doug Pederson and GM Howie Roseman after their Super Bowl LII victory.
Following their recent Super Bowl win, the Chiefs have already secured defensive coordinator Steve Spagnuolo to a new three-year contract, making him one of the highest-paid coordinators in the league. They have also extended the contract of special teams coordinator Dave Toub. Now, it is Reid and Veach’s turn to secure their lucrative contract extensions, with negotiations potentially being finalized by next month’s Annual League Meeting.
In conclusion, the Kansas City Chiefs’ back-to-back Super Bowl wins have solidified their position as one of the most dominant teams in recent years. With negotiations underway for new contracts for head coach Andy Reid and general manager Brett Veach, the Chiefs are poised to reward their successful leadership with lucrative deals that will place them among the highest-paid individuals in their respective positions. As they continue their pursuit of a third consecutive championship, the Chiefs are ensuring that their coaching staff remains intact and motivated to achieve even greater success in the future.
