According to Jason La Canfora of CBS Sports, the Redskins gave head coach Jay Gruden a fully guaranteed five year contract that will pay him over $20 million.
The Redskins made a very sizeable commitment to new coach Jay Gruden, despite still paying former Mike Shanahan’s staff roughly $10 million for 2014, sources said. Gruden, who was highly sought after following the Bengals’ playoff defeat, will earn over $20 million, according to sources, in a deal that is fully guaranteed.
La Canfora pointed out that teams usually give coaches five year deals, but don’t guarantee the final year. It’s usually only an option.
Often, coaching deals are announced as five-year deals, but in reality the teams have options on the final year, or years, especially in the case of unproven head coaches. Gruden’s deal is for five guaranteed years, giving him ample protection, should, say the regime of new general manager Bruce Allen not go well. That kind of a mandate makes it clear Gruden is carrying considerable sway within the organization as well, as he takes over an NFL team for the first time.
This is actually why the Redskins have been one of the worst teams in the NFL since Dan Snyder took over as their owner. They continue to make irresponsible financial decisions within their organization.