How Much Money Does A NFL Coach Make?
Contents
How much money does a NFL coach make? This is a question that many people have. While the answer may surprise you, it is a good question to ask.
How Much Do NFL Coaches Make?
NFL coaches are among the highest-paid professionals in the world. The average annual salary for an NFL head coach is more than $6 million, and some coaches earn salaries in excess of $8 million per year. NFL assistant coaches also earn very handsome salaries, with the average assistant coach making more than $2 million per year.
How Do NFL Coaches’ Salaries Compare to Other Sports?
In the NFL, head coaches make an average of $6 million per year, assistant coaches make an average of $1.1 million per year, and coordinators make an average of $3.3 million per year. In comparison, MLB managers make an average of $2.5 million per year, NBA coaches make an average of $4.5 million per year, and NHL coaches make an average of $2.4 million per year.
While NFL coaches’ salaries are higher on average than those in other sports, they are also dependent on the team’s success. Winning teams often reward their coach with a bonus, while coaches of losing teams may be fired mid-season.
How Do NFL Coaches’ Salaries Compare to Other Professions?
In 2019, the average annual salary for a NFL head coach was $10 million, making it the highest-paying coaching job in professional sports. For context, that same year the average annual salary for an MLB manager was $1.8 million, while NBA head coaches made an average of $7 million per year. NFL coordinators (assistant coaches who oversee specific units like offense or defense) make an average of $1.5 million annually.
So, how do NFL coaches’ salaries compare to other professions? According to Glassdoor, the median salary for all workers in the United States is just over $51,000 per year. That means the average NFL coach makes almost 200 times the median American salary. When compared to other professions that require a four-year college degree, coaching isn’t even in the top 10 highest-paying jobs. In fact, it’s not even close: Coaches make less than half as much as investment bankers ($73 million), hedge fund managers ($67 million), and CEO’s ($66 million).
However, when compared to other professions that don’t require a four-year degree, coaching ranks fourth behind only salespeople ($85 million), business owners ($68 million), and farmers/ranchers ($60 million). So while NFL coaches don’t make as much as some college graduates, they do make significantly more money than most Americans.
How Much Do NFL Coaches Make in Bonuses?
In addition to their salaries, NFL coaches receive bonuses for a variety of reasons, including winning a division title, reaching the playoffs, winning a playoff game, and ultimately winning the Super Bowl.
For example, Bill Belichick of the New England Patriots earned a $500,000 bonus for leading his team to a 13-3 record and an AFC East division title in 2017. He received an additional $1 million bonus for reaching the AFC Championship game, and another $1.25 million for winning the Super Bowl.
Sean Payton of the New Orleans Saints earned a $500,000 bonus for leading his team to an 11-5 record and an NFC South division title in 2017. He received an additional $750,000 bonus for reaching the NFC Championship game, and another $1.5 million for winning the Super Bowl.
NFL coaches’ bonuses are typically paid out in installments over the course of a season or after the season is complete.
What Factors Affect an NFL Coach’s Salary?
An NFL coach’s salary can vary greatly depending on many factors, such as the coach’s experience, the team’s success, the league’s television contracts and revenue, and the team’s owner’s wealth.
The average salary for an NFL head coach was $6 million in 2017, according to Forbes. The highest-paid coach was Bill Belichick of the New England Patriots, who made $12 million. The lowest-paid coach was Hue Jackson of the Cleveland Browns, who made $2.5 million.
Factors that can affect a coach’s salary include:
-The team’s success. Winning teams usually pay their coaches more than losing teams.
-The team’s owner’s wealth. Richer owners can afford to pay their coaches more than less wealthy owners.
-The league’s television contracts and revenue. The more money the league makes from television contracts and other sources of revenue, the more money it can pay its coaches.
-The coach’s experience. More experienced coaches usually make more money than less experienced coaches.
How Do NFL Coaches’ Salaries Change over Time?
NFL coaches’ salaries have changed a great deal over time. In the early days of the NFL, most coaches were paid very little. In fact, George Halas, the founder of the Chicago Bears, is reported to have only made $5,000 in salary in his first year as a coach.
Conclusion
In conclusion, NFL coaches make a lot of money. They are some of the highest paid professionals in the world. While there is a wide range of salaries, the average NFL coach make around $2.5 million per year.
