How Much Money Do NFL Coaches Make?
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How much money do NFL coaches make? That’s a question that many people have, and it’s one that we’re going to answer in this blog post. We’ll take a look at the average salary of an NFL coach and some of the factors that can affect how much they make.
How Much Do NFL Coaches Make?
In the NFL, the average salary for a head coach is $2.5 million per year, but there are some that make much more than that. For example, Bill Belichick of the New England Patriots has an annual salary of $7.5 million. Pete Carroll of the Seattle Seahawks is also among the highest-paid coaches in the NFL, with an annual salary of $6 million.
Salaries of Head Coaches
How much do NFL coaches make? It’s a question that many football fans have, but the answer isn’t always straightforward. While the average salary for an NFL head coach is around $6 million per year, there is a wide range in salaries for NFL coaches. For example, Bill Belichick of the New England Patriots is the highest-paid coach in the NFL, with an annual salary of $12 million. On the other hand, some coaches make much less. Doug Pederson of the Philadelphia Eagles, for example, has an annual salary of only $1 million.
So, what factors affect how much an NFL coach makes? One important factor is the team’s success. Coaches who have led their team to a Super Bowl victory often receive large bonuses and contract extensions with significant pay increases. Another factor is the size of the market where the team is located. Head coaches in large markets such as New York or Los Angeles can command higher salaries than those in smaller markets. Finally, coaching experience also plays a role in determining salaries; more experienced coaches are typically paid more than first-time head coaches.
Salaries of Assistant Coaches
Assistant football coaches at the professional level typically earn significantly less than head coaches. According to a report from USA Today, the median salary for NFL assistant coaches was $150,000 per year in 2017. This was approximately one-third of the median salary for head coaches, which was reported to be $500,000 per year.
How Do NFL Coaches’ Salaries Compare to Other Sports?
NFL coaches are some of the highest-paid professionals in the world. In fact, the average salary for an NFL coach is $6.45 million per year. That’s nearly double the average salary for MLB coaches, which is $3.31 million per year. NFL coaches also make more than twice as much as NBA coaches, who earn an average salary of $2.36 million per year.
MLB
In Major League Baseball, the average salary for a manager is around $1.8 million per year, with some of the top managers in the game earning over $3 million per season. The highest-paid MLB manager is Los Angeles Angels skipper Mike Scioscia, who earns a reported $5 million per year.
NBA
In the National Basketball Association (NBA), the average salary for a head coach is $6 million per year, according to Forbes. That’s more than double the average salary for an NFL head coach, which was $2.7 million in 2019, according to USA Today.
NHL
In the National Hockey League, the average coach earns about $2 million per year. This is less than what coaches in the National Football League earn, but more than coaches in Major League Baseball and the National Basketball Association. Coaches in the NHL usually have shorter contracts than coaches in other professional sports leagues, which means they are also more likely to be fired if their team does not perform well.
How Do NFL Coaches’ Salaries Compare to Other Professions?
Lawyers
In the United States, lawyers earn a mean annual wage of $130,490, which is equivalent to $63.15 per hour. This means that NFL coaches earn more than twice the average lawyer’s salary. top-earning lawyers take home much more than this, with some making over $1 million per year. However, it should be noted that most lawyers do not work in high-paying fields such as corporate law or entertainment law. The vast majority of lawyers work in relatively low-paying fields such as public interest law or criminal defense.
Doctors
As of 2018, the median salary for an NFL head coach was $10 million per year, making it one of the highest-paying jobs in the country. For comparison, the median salary for a doctor was $208,000 in 2017. That means that an NFL coach earns approximately 48 times more than the average doctor.
Business Executives
In 2019, the average annual salary for NFL head coaches was $6.45 million, according to USA Today. That’s nearly double the $3.36 million average for NBA head coaches and more than triple the $2.09 million Major League Baseball managers earned on average in 2018, per Forbes.
While NFL coaches are well-compensated compared to leaders of other professional sports leagues, their salaries pale in comparison to those of corporate CEOs. In 2018, the median pay for CEOs at S&P 500 companies was $12 million, meaning half of all CEOs made more than that and half made less, according to The New York Times.
To compare, let’s look at the annual compensation for some of the most recognizable coaches in the NFL versus the CEOs of major corporations.