Rex Ryan likely will be working for free at ESPN

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So how much will former Jets and Bills coach Rex Ryan make over the next three years as an employee of ESPN? Probably not a dime.

Per a source with knowledge of the situation, Ryan’s contract with the Bills has offset language that applies not only to other coaching jobs but also to broadcasting jobs. Thus, with $5.5 million due to Ryan for each of the next three years, the biggest winners in light of Ryan’s employment at ESPN are owners Terry and Kim Pegula, who will be getting credit for every dollar Ryan earns at ESPN, up to $5.5 million per year.

It’s possible that ESPN will be paying Ryan even more than $5.5 million per year. But that would be a surprise, especially in light of the ongoing financial issues at ESPN that likely will be sparking widespread job reductions for on-air talent soon. Even if that were to happen, Ryan would be losing up to $5.5 million per year for every dollar he gains from ESPN.

Of course, Ryan benefits in ways other than financial from his new job at ESPN. By establishing his TV chops, Ryan lays the foundation to make even more money beyond 2019, when his buyout expires. By remaining in the public eye, he possibly positions himself for other coaching jobs.

41 responses to “Rex Ryan likely will be working for free at ESPN

  1. If I was him, I’d work out a side deal. He works for $100K per year as long as the offset lasts (2 more years), then $10,500,000 for the year after that.

    That saves ESPN 5.8MM, and the money is paid in the future.

  2. I’d bet he works on a deferred contract. He will receive payment after the three years are up.

    Or he has a contract that puts every dime into a retirement account which I hope he uses soon and gets out of our face.

  3. An obnoxious buffoon joining the other obnoxious buffoons at the worldwide joke of sportscasting. Since I never watch that pathetic excuse for a network with the sole exception of there being a Patriots game on there, it won’t effect me very often.

  4. A commentators position may allow Ryan to excel at this trade. He always has a position and freely expresses himself. I think this is a good spot for Rex

  5. If Rex’s agent was smart and want to the could stick to the Bills and have him work for like $50K a year and then after the three years of Bills money have his contract increase to a more appropriate level.

  6. Other coaching jobs? So, what you’re saying is some team will not have learned what it means to have Rex as your coach and hire him.

    Browns are a likely candidate.

  7. Just think Joe, most of Ryan’s paycheck is provided by you, and our Canadian friends to the north.
    Thanks!

  8. He is a Great, great Defensive Co-Ordinator. One of the best.

    He is not a good NFL HC.

    Anyone that hires him in that role ever again is crazy.

  9. Not true! ESPN has open buffet for it’s “talent”.

    Rex is getting paid, believe me…

  10. If ESPN is paying him, I’m pretty sure they’d disagree that he’s “working for free.”

  11. If Rex ever appears on any TV screen when I have the remote control in my hand, I don’t think I can turn the channel fast enough. The fact that ESPN thinks he is worthy of any air time explains why they are in a ratings downward spiral.

  12. intrafinesse says:
    Mar 20, 2017 11:41 AM

    If I was him, I’d work out a side deal. He works for $100K per year as long as the offset lasts (2 more years), then $10,500,000 for the year after that.

    That saves ESPN 5.8MM, and the money is paid in the future.
    *************************************************
    So you think you’re the first guy to ever coming up with a way to fraudulently violate the spirit of an agreement?

  13. Great move by ESPN. Hopefully it continues their downward spiral. Just think, Wrecks can be ESPN’s final undoing and all of our cable TV bills will be cut in half….

  14. He should be replacing Mike Golic on Mike & Mike. So I have something entertaining in the mornings. And while they’re at it, dump Greenberg as well. That guys’ head is having a tough time fitting through doors lately.

  15. .
    Rex would be better as a game analyst. If you paired him with a Chris Myers or Joe Buck, it would certainly liven up the festivities.
    .

  16. So nobody has asked this yet….do these guys really make $5.5M per year? The talking heads on ESPN that have a show a week, maybe 2, and regurgitate the same drivel as the next guy? I seriously always assumed they made closer to $80k a year for the analysis they (don’t) bring.

    A head coach making that much, sure. He’s working 70 hour weeks. I’m pretty sure Rex won’t be up until 11:00pm doing film study so he can get his ESPN analysis right.

  17. Rob and Rex Ryan would be wise to be associated with the likes of Pro Football Focus. Their ability to analyze teams and produce podcasts would be quite popular and help this medium of discussing professional football for 52 weeks a year.

  18. gbrim20 says:
    Mar 20, 2017 12:41 PM
    So nobody has asked this yet….do these guys really make $5.5M per year? The talking heads on ESPN that have a show a week, maybe 2, and regurgitate the same drivel as the next guy? I seriously always assumed they made closer to $80k a year for the analysis they (don’t) bring.

    ————————-

    No, they don’t ..not even close. A hack like Ryan will get a couple to a few hundred k max for this gig. Only the guys at the top of the broadcasting mountain like Costas or Nantz make in the millions annually.

  19. Yes the people at espn make in the millions if they are the top talent, the average on air talent is make high six figures and the former athletes make even more than that. Hey good for him, if they want to hire him then he should take the job, no wins and losses in broadcasting. He’s probably got a deferred contract that will pay him after the bills stop paying him

  20. I saw his cash I thought it was Monopoly money.But it was Canadian money with the queens picture who they love so much.Canada the most irrelevant country on the planet lol

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