What is Sean Payton's Net Worth?
What is Sean Payton's Net Worth?
By Jason Bolton July 24, 2024 11:23
Sean Payton, the renowned former head coach of the New Orleans Saints and now with the Denver Broncos, has carved out a prominent spot for himself on the field and in financial success. Known for his strategic mind and the historic 2009 Super Bowl victory, Payton's coaching career spans decades, marked by success, controversy, and a significant financial gain. In this article, we'll take a look into Sean Payton's net worth, how he built it, and what it signifies in the larger landscape of NFL coaching.
Coaching Career
Payton began his coaching career in the college ranks, starting as an offensive assistant with San Diego State University in 1988. After that, he had assistant coaching positions at other multiple schools and colleges, including Indiana State University in Terre Haute 1992, Miami University of Ohio in Oxford 1993-95 & the University of Illinois 2008-11 before transitioning to NFL head coach by becoming a quarterbacks' trainer for Philadelphia Eagles during 1996.
In 2006, Payton was given his first opportunity to become a head coach in the NFL with none other than the New Orleans Saints. At the time, the Saints were a mess of an organization, and Payton quickly made them a gold standard. His groundbreaking offensive approach and track record of quarterbacks, including his long partnership with Drew Brees, helped the Saints to their only Super Bowl in 2010.
He guided the Saints to maximal heights in franchise history as they advanced to three NFC Championship Games in 2006, 2009, and 2018 while winning their first-ever Super Bowl title following an upset of the Indianapolis Colts.
Sean Payton's Salary and Compensation
Sean has been well-compensated for his success as a head coach. Throughout his time with the Saints, he was one of the highest-paid coaches in the NFL, consistently topping this list for average annual salary.
Payton signed a five-year, $37.5 million contract extension in 2011 at New Orleans that was voided by the NFL due to bounty scandal allegations. Then, he played himself right back into big bucks with another five-year $40 million pact in 2012.
He signed a five-year, $45 million extension 2019 with the Saints to become one of the highest-paid coaches in football. Payton is a rich man as one of the highest-paid coaches in professional sports when he retired after the 2021 season, making an average annual salary of $9.8 million by then.
However, that was a short-lived retirement for Payton. He signed a five-year, $90 million deal with the Denver Broncos with an average annual value of roughly $18 million in 2023.
Alternative Income Streams & Investment
Sean Payton has made money in various ways besides his huge coaching salaries.
One of the main ways in which Payton gets some extra bread is through his endorsement deals. In 2016, he was the first professional coach to sign with Jordan Brand. Payton certainly used his high-profile status and success as a coach to negotiate endorsements, which is something that should have lifted the Saints shop for years.
He has also been involved in various businesses and investments, making his sources of income more diverse. For example, he has invested in real estate, and reports have come out that he owns multiple properties across New Orleans.
How Much is Payton Worth?
Considering Payton's great coaching career, hefty salary, and other income sources, he is believed to have over $35 million net worth.
The number considers his salary from coaching contracts, endorsement deals, and other investments and business ventures. It should also be noted that Payton's wealth is likely to grow over the next few years, especially with his recent big-money transfer to the Denver Broncos and Helium for endorsement deals or investment opportunities.
His net worth is also greater than that of other accomplished NFL head coaches, such as the Kansas City Chiefs' Andy Reid, who has $30 million, and Seattle Seahawks Coachella Pete Carroll, who is estimated at $30 million. This underscores Payton's financial accomplishments during his coaching career, which has paid him very well as a successful New Orleans Saints head coach and now a lucrative Denver Broncos hire.
Overall, Sean Payton's net worth reflects his prowess as a coach in the high-stakes NFL. Over the coming years, his net worth is expected to continue rising as he advances in his coaching career with the Denver Broncos.
Sean Payton's net worth of $35 million is the result of his financial achievement, which has been well complemented by his excellent career as a coach. Now, Payton has a fresh start with the Broncos after more than 15 years in New Orleans, and he appears to be one of the highest-paid coaches for perhaps good reason.
As Payton can attest, a successful athlete needs to demonstrate that they can translate their on-field fortune into sizable income streams from high-paying coaching contracts and endorsement deals to wise investments. Obviously, Payton's ascent in the college coaching profession would further cement his stance as one of pro football's biggest and well-off members going into next year.