How much will Gruden get paid out?
How much will Gruden get paid out?
Via Vic Tafur of TheAthletic.com, owner Mark Davis said Wednesday that a settlement has been reached. Gruden reportedly had $40 million in remaining guaranteed payments.
Do the Raiders still owe Gruden money?
NFL Network reported Sunday that Gruden is still owed “about $40 million over five years of his contract” and that the two sides will work on a settlement despite Gruden having resigned his position.
How much of Jon Gruden salary is guaranteed?
If Gruden was discharged without cause, he gets the balance of all guaranteed money under the contract. That said, it’s not known whether the full $100 million was guaranteed. When news of the contract first emerged, we reported that the full amount was not guaranteed.
How much does Jay Gruden get paid?
Gruden signed a 10-year contract worth $100 million when the Raiders hired him in 2018. It is the richest coaching contract in NFL history in terms of the total contract value. However, Gruden’s average annual contract value ranked third among current NFL coaches entering the 2021 NFL season.