Jon Gruden's contract with the Raiders is expected to be the richest ever for a coach 'by a landslide'

  • Jon Gruden is expected to return to the NFL as the next head coach of the Oakland Raiders.
  • Adam Schefter told Dan Patrick that the deal is expected to be “lengthy,” and the “richest deal” of any coach in the league.
  • Schefter also doubts that Gruden will get an ownership stake in the team as previously speculated.

Jon Gruden’s return to coaching with the Oakland Raiders now feels like the NFL’s worst-kept secret and that reunion is going to be a lucrative one for the Super Bowl-winning coach.

ESPN’s Adam Schefter was a guest on “The Dan Patrick Show,” when he was asked about an earlier report that speculated Gruden would receive an ownership stake in the team as part of his contract. Schefter downplayed that possibility, but did say that the deal would be the biggest for any coach.

“When it comes in, I will just say that the total value of the deal will be the richest deal that any coach has, by a landslide,” Schefter told Dan Patrick. “I don’t know that the ownership stake thing is going to come through. That had been discussed 2-3 years ago. My sense is it is not going to happen. That’s my sense. But I do think it is going to be a lengthy contract, very lucrative, and look, I think they just made it such that he couldn’t say no.”

The value of contracts for head coaches are not as widely known as those for the players. Bill Belichick is believed to be among the highest-paid coaches in the NFL with a salary in the $US7-9 million range.

If the Raiders did offer Gruden an ownership stake, there would be a huge catch – it must be approved by other NFL owners, and there is a good reason to think they would be reluctant to do so.In an earlier report by Schefter and Chris Mortensen for ESPN, one ownership source said that the owners “might not be so quick to approve the deal” because they wouldn’t want to set a precedent.

Mark DavisThearon W. Henderson/GettyRaiders owner Mark Davis has reportedly made an offer Jon Gruden couldn’t refuse.

While no official announcement has been made regarding Gruden and the Raiders’ now-vacant coaching position, all signs point to that being all but a formality.

On Sunday night, ESPN’s Adam Schefter said Gruden will be the next coach of the Raiders, a proclamation he presumably would not make without some reassurance of its accuracy from fellow ESPNer Gruden.

“It’s simple, you don’t make that move with Jack Del Rio unless you know you can get Jon Gruden,” Schefter said on ESPN. “Jon Gruden is going to be the next coach of the Oakland Raiders. The only question is when it happens.”

In addition, Ian Rapoport of the NFL Network reported that Gruden is expected to accept the Raiders’ offer, but that he is slow-playing any announcement in an effort to comply with the NFL’s “Rooney Rule” requiring teams to interview minority candidates. Rapoport added that Gruden has already picked a defensive coordinator.

“The Raiders are confident Jon Gruden will say yes eventually, though he is being careful about doing so before they comply with the Rooney Rule and he is still on the books to broadcast a game Saturday for ESPN,” Rapoport wrote on Twitter. “Gruden is already planning to call plays, hire DC Paul Guenther.”

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.