After an afternoon of negotiations produced an agreement, Mike Shanahan signed a five-year contract to become head coach and executive vice president of football operations for the Washington Redskins.
Under the terms of the new deal, Shanahan will team with Redskins executive vice president and general manager Bruce Allen, but Shanahan will have the ultimate authority on football decisions. Shanahan will be introduced as the Redskins head coach at a 2 p.m. ET news conference Wednesday.
As the contract was being signed at the Redskins’ training complex, Shanahan and owner Dan Snyder posed together for a picture. Then, with the deal signed, Shanahan, his agent Sandy Montag, Allen and Snyder headed out for a celebration dinner in Washington, D.C.
The contract is worth approximately $7 million a year, the Denver Post reported on its Web site. Now that Shanahan has been hired elsewhere, the Denver Broncos, who fired Shanahan one year ago, will recoup $7 million in offset money over the next two seasons under the terms of the agreement they had with the coach.
Shanahan has 14 years head coaching experience in the NFL and his teams made the playoffs in half of those years. Can he turn around Washington? Yes. Will he? I predict Shanahan’s tenure in DC will be less than 5 years, and no the Redskins will not be much improved at the time of Shanahan’s departure. The team needs a new owner and an overhaul on the field.
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