Bill Belichick is poised to secure a lucrative contract with another NFL team as it seeks to fill its head coaching vacancy. Despite parting ways with the New England Patriots after a disappointing 4-13 season, Belichick is set to receive a substantial secondary income.
Following the mutual agreement to part ways, officially marked in a press conference with Patriots owner Robert Kraft, it has been revealed that the Patriots will be paying Belichick an impressive $68,000 per day in 2024, even though he won’t be working for them.
As highlighted by the ML Football X/Twitter account, this financial arrangement means that Belichick will receive a daily sum of approximately $68,500. This comes after reports from the Boston Globe suggested that Belichick’s salary for 2024 was in the vicinity of $25 million. The generous daily payment reflects a sizable compensation for a coach no longer associated with the organization.
Throughout his tenure with the Patriots, details of Belichick’s contract, including salary and length, were closely guarded. However, given his legendary status, his role as the de facto general manager, and his lengthy association with the franchise, the reported $25 million salary appears justified.
Belichick leaves New England with an impressive legacy, boasting six Super Bowl rings, nine AFC championships, and 17 AFC East division crowns. The Patriots, under his guidance alongside Tom Brady, did not experience a single losing season from 2001 to 2019.
While parting ways with the Patriots, Belichick’s accomplished coaching history positions him as a highly sought-after figure, and it is expected that another NFL team will soon secure his services. The substantial payment from the Patriots reflects a small price to pay for Belichick’s remarkable contributions over the years.