ESPN reported the terms of Frank Reich's contract in a story. The Indianapolis Colts fired him as coach in November.
That could be partly due to the fact he'll receive as much as $36 million from the team through 2026,. It was included in a story on the NFL telling teams they have spent $800 million on fired coaches and executives over the last five years.
"I’m thankful for my time in Indianapolis, thankful to the Irsay family," said Reich, who wants to continue coaching, earlier this month."He gave me the opportunity to be a head coach.”The Colts announced a contract extension through 2026 for Reich – and general manager Chris Ballard – on Aug. 11, 2021, but didn't disclose his salary. He was fired Nov. 7 with a 3-5-1 record and replaced by interim coach Jeff Saturday, who had no previous college or NFL coaching experience.
“In Chris Ballard and Frank Reich, we have as great a general manager-head coach combination as there is in the NFL, and I can’t tell you how proud I am to have them leading our franchise,” team owner Jim Irsay said in the statement announcing the extensions. “I truly believe this football team is on the doorstep of great things, and that’s because of the culture both have cultivated in their time with the Horseshoe.
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