Via NY Post:
Stephen A. Smith’s new five-year contract will make him ESPN’s highest-paid sportscaster with an annual salary that will approach $8 million per year, according to sources.
This will move Smith past Mike Greenberg’s $6.5 million, which was ESPN’s previous known highest salary. Greenberg is the host of “Get Up!”
When The Post first reported negotiations between Smith and ESPN in April, some in the industry felt Smith might be able to negotiate a $10 million annual salary.
Smith got nearly $8 million, but he received some money upfront, making it more worth his while to re-up with a year left on his current deal.
In total, Smith will be getting $40 million and according to reports, it seems like much of this money will be paid upfront.
Congrats to Stephen A.
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