The former Philadelphia Eagles head coach, Andy Reid, who has a net worth of $50 million, extended his stay with the Chiefs in April 2024 by signing a $100 million five-year contract.
Born in Los Angeles, Reid’s interest always lay on the analytical side of the game rather than the playing part.
Recruited by BYU so they could pursue his best friend, Randy Tidwell, Reid’s coaching journey began with them as their graduate assistant in 1982.
Andy Reid appreciation post 🏆🏆 pic.twitter.com/VZ2wLrpgks
— FOX Sports: NFL (@NFLonFOX) February 14, 2023
A decade later, Reid got started in his first NFL job with the Green Bay Packers.
Since then, he has won three Super Bowl titles, with all of those titles coming with the Chiefs.
The legendary NFL coach and his team are looking for a three-peat, which is very much possible.
In November, the Chiefs became the first team to clinch a playoff berth after defeating the Las Vegas Raiders 19-17.
The NFL Coach Andy Reid’s Net Worth Places Him Among The Richest Sporting Coaches
Coach Andy Reid has many things to smile about: his family, his team, and, obviously, his yearly salary.
With a net worth of $50 million, you can say Reid has stored enough for the rainy days.
In April 2024, Bleacher Report announced that the Chiefs are paying $100 million over five years for Andy Reid’s service.
The Chiefs announced the deal on April 22, 2024, but didn’t disclose the terms.
When asked about extending his stay with the Chiefs, Reid said,
The only coach who earned more than Reid was Bill Belichick, who earned an estimated $25 million before he parted ways with the Patriots after the 2023 season.
Currently, the Broncos’ head coach, Sean Payton, is second on the list of highest-earning coaches in American sports with $18 million.
Payton is closely followed by the NBA’s Warriors’ head coach, Steve Kerr, with $17.5 million.
🚨REPORT: #Chiefs HC Andy Reid signed a new 5-year, 100 MILLION DOLLARS contract
— MLFootball (@_MLFootball) November 21, 2024
in April.
This made Reid the HIGHEST-PAID COACH IN SPORTS, per @Sportico.
Reid has won three Super Bowls in five years & is not stopping.
ANDY REID IS NOT RETIRING ANYTIME SOON. pic.twitter.com/jIzjpr7S0f
Before Reid, the only coach who got a $100 million contract was Jon Gruden, the Raider’s former head coach.
Gruden signed a 10-year $100 million contract but resigned in 2021 after emails of him using misogynistic and homophobic language were leaked.
Before joining the Chiefs, Reid spent 13 seasons with the Eagles, but his contract details with them remain unknown.
Reid made his NFL debut with the Packers as their assistant offensive line and tight ends coach.
He served in that position for five seasons before becoming their quarterbacks coach in 1997.
Undoubtedly, Reid has enjoyed his best years on and off the field with the Chiefs.
Andy Reid Becomes The Latest Ambassador Of Skechers
In November 2024, Skechers announced Coach Andy Reid is their latest ambassador.
The football coach appeared in a Skechers Hands-Free Slip-ins print campaign.
Speaking on his latest campaign, Reid emphasized the importance of a comfortable shoe,
After signing a deal with Skechers, Reid joins an elusive group of stars, including hip-hop icon Snoop Dogg, lifestyle legend Martha Stewart, and professional athletes like Joel Embiid and Julius Randle.
Andy’s deal with the Skechers is one of his most high-profile brand deals to date.
The football coach has always tried to remain focused on things happening on the football field.
But after 30 years of success like his, the coach can certainly enjoy a change in scenario.
Beyond this, he has been involved in various business ventures, such as auctioning and business management, adding to his income.
Andy Reid owns several popular barbecue restaurants in Kansas City and has stakes in fitness centers around Missouri. These highlight his commitment to quality dining and community health.
Moreover, these entrepreneurial ventures complement his successful coaching career and reflect his dedication to the community.
In Case You Didn’t Know
- Reid owns a $5 million beach home in Dana Point, California, previously home to Warriors legend Klay Thompson.
- Reid is the only head coach in NFL history to win 100 games with two franchises: the Eagles and the Chiefs.