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REPORTS: Fired HC Nathaniel Hackett Set to Receive Tons of Broncos Money Every Week for Next 3 Years

Published 12/29/2022, 8:00 AM EST

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Being a head coach in the National Football League happens to be a matter of prestige and an opportunity to make a tremendous amount of money. It turns out the latter one continues to remain valid even after getting kicked out of the position. Recently fired head coach Nathaniel Hackett is entitled to make a good lump of money each week, despite getting relieved of his duties.

Quite ironic for anyone who learns about the hidden clauses in Hackett’s contract that he signed in January 2022. According to reports, Denver is bound to pay their former HC until he finds a new job in the league. The sum accounts for almost $80,000 per week.

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This mind-boggling figure was shared by the official Twitter handle of MLFootball. It reads, “Recently fired #Broncos head coach Nathaniel Hackett will make 80k a week from Denver to do whatever he would like until his 4-year contract is up”. That means the Broncos will continue to pay until his contract expires.

Meanwhile, a win-win situation for Hackett anyway, making money sitting at home. Interestingly, the turnaround of this entire situation resembles how his predecessor, Vic Fangio, got fired following three straight losing seasons.

USA Today via Reuters

He could only rack up four wins out of 15 games, losing all 11 matchups. Something that looks exactly similar to the current scenario where the Broncos are placed at the bottom of the AFC West with a season record of 4-11.

Following the breakout on Monday, CEO Greg Penner revealed the motive behind parting ways with Hackett just two weeks before the end of the season. He vowed to begin the hunt for a new candidate to fill this position and hopefully rebuild the organization.

Former US Secretary of State Who Worked With George W Bush Joins Broncos Hunt for Nathaniel Hackett’s Replacement

“Moving forward, we will carefully evaluate every aspect of our football operations and make whatever changes are necessary to restore this franchise’s winning traction,” Penner said, calling this period a challenging stretch. “We recognize and respect this organization’s championship history, and we understand we have not met that standard,” he added.

Fans are in disbelief learning Nathaniel Hackett yields more money

Sometimes things turn out crazy, and as far as the compensation for Hackett is concerned, it turns out pretty less compared to Russell Wilson’s $245 million contract. Regardless, fans were busy trying to find the loopholes in this clause.

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Meanwhile, Denver will next face the Chiefs and the Chargers to wrap up the season. No doubt they have to improve their draft picks next year. It will be interesting to see how Wilson and Co. approach the remaining games.

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Written by:

Deepesh Nair

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Deepesh Nair is an NFL author at EssentiallySports. Having started his career in journalism as a trending news writer, he has published around 500 articles for various media portals. Although Deepesh comes from a Computer Science background, his fondness for writing has persuaded him to create his career in it.
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Edited by:

Gurjyot Singh Dadial