Before his dramatic fall from the NFL, Jon Gruden was not only a Super Bowl-winning coach but also one of the highest-paid personalities at ESPN, earning over $6 million in guaranteed payments.
Jon Gruden is an American professional football coach and broadcaster with coaching experience since 1985.
His early journey in coaching began shortly after graduating from the University of Dayton, where even he was a player.
However, after graduating in communication, Jon, who previously played QB, now began his coaching role as an assistant.
Years later, after a swift beginning, he signed a multi-million contract with teams in the NFL. He signed a historic 10-year contract, making him the largest coaching contract ever.
Jon Gruden currently works as an advisor for the Milano Seamen of the European League of Football. He reportedly had a decent net worth at the time of his NFL exit.
Former Broadcaster Jon Gruden Became One Of ESPN’s Highest-Paid Personality Following Contract Renewal in 2015
The American football coach has had a stint in Europe since 2024 after formally exiting the NFL.
Jon Gruden is probably earning well as a consultant to the five-time Italian Bowl champion Milano Seamen.
Unfortunately, exact contract details and exact paycheck details remain missing from the internet as of 2024.
However, according to Celebrity Net Worth, he had an approximate net worth between $25 and $30 million by the end of 2023.
The college backup Quarter Back turned pro coach has accumulated his assets through coaching and sports analysis.
Jon’s net worth and income varied due to his multiple broadcasting stints apart from serving teams in the NFL.
The 2021 incident, when the Las Vegas Raiders sacked him as a coach, didn’t end well. He didn’t earn anything from the contract, significantly dipping his net worth.
Insider reports suggest that he forfeited approximately more than $60 million remaining on his large contract.
Before entering into coaching again in 2018, Gruden spent nearly a decade as an analyst for ESPN.
His experience and multiple contract renewals made him one of the highest-paid personalities at ESPN around 2015.
After taking an exit from ESPN, he began coaching, which didn’t earn well following his actions.
However, despite the coach’s current involvement in European football, he joined Barstool Sports in November 2024.
Front Office Sports’ article mentions that he has signed a multi-year deal with Barstool. The exact contract signing amount isn’t yet disclosed.
Besides, we have no information on what role Gruden will have in the New York-based company.
However, looking upon his history and great time at ESPN, Barstool Sports may pay him multiple millions, with a good post as an analyst.
Jon Gruden’s Decade-Long Racist Emails Cost Him His NFL Position and Millions In Earnings!
Gruden’s full-time coaching career kicked off only after 1998 after the Oakland Raiders appointed him as a head coach.
He later led the Tampa Bay Buccaneers to a Super Bowl victory in 2003. His reputation as a coach peaked during that time.
However, a new peak came only after 2018, when he signed a historic 10-year deal worth $100 million with the Raiders.
After almost a decade off the pitch, broadcasting for ESPN since 2009, Jon went on to become the highest-paid coach in NFL history.
He had an average salary of $10 million, which is more than double what the Buccaneers paid him from 2002 to 2008.
Jon Gruden released a statement following his resignation as Raiders coach: pic.twitter.com/sVCT9Nhybz
— ESPN (@espn) October 12, 2021
Analyzing old reports, we discovered that Jon Gruden earned $6.5 million annually as an ESPN commentator.
Later, he revised and renewed his contract with ESPN and went on to become the highest-paid personality on the network.
Despite hitting highs as a broadcaster, he didn’t finish his NFL coaching on a good note. Following his actions, he lost 60% of the contract amount.
Gruden’s downfall was precipitated by the revelation of racist and misogynistic emails he sent over a decade.
This controversy ultimately cost him an estimated $60 million in potential earnings at the time of his resignation.
In Case You Didn’t Know
- Gruden is often referred to as “Chucky,” after the character in the Child’s Play.
- He is one of few coaches who was traded instead of players during the 2002 trade.
- At age 39, Jon Gruden became the youngest head coach to win a Super Bowl.