Raiders seeking to secure Jon Gruden to 10-year, $100 million deal
Following the news of the expected hiring of Jon Gruden as the Oakland Raiders next head coach, the two side are working out the final details of the situation.
According to Ian Rapoport of The NFL Network, the Raiders are looking to work out the largest contract in league history with the 54-year-old under a deal that spans 10 years worth possibly more than $100 million.
Sources: The #Raiders seek a long-term commitment from new coach Jon Gruden and they are preparing a 10-year contract for Gruden. The expectation is that it eclipses $100M. 💰 🔐
— Ian Rapoport (@RapSheet) January 5, 2018
It had always been believed that the money would play a big factor in any possible interest in an NFL head coach position given that he’s under a multi-million lucrative deal with ESPN. It is a huge commitment from the Raiders, but it’s clear that the team is fully invested and confident in having at the helm for the next decade.
Although Gruden has last coached in the NFL back in the 2008 season with the Tampa Bay Buccaneers, he still holds plenty of respect around the league. In the last several years, his name has continually been mentioned for various coaching positions but nothing truly had any sense of realistic chance of occurring until the Raiders’ head coaching job became vacant.
Gruden had coached Oakland for four seasons where he held a 38-26 record that includes a pair of playoff appearances, two AFC West division titles, and a trip to the AFC Championship game. In the 2000 season, the Raiders captured their first division title in a decade while winning at least eight games in each campaign under him.
It should be just a matter of time before the contract is hammered out given that his official press conference as the team’s next head coach is set for next Tuesday. Regardless of what the size of the contract will be once agreed upon, it’s quite evident that the Raiders have much belief that Gruden can be the coach that will lead the team to success.