In Broncos news tonight, the Denver Broncos have rewarded head coach John Fox with a new three-year contract which should keep him in Denver through the 2016 NFL season.
Per NFL Network insider Ian Rapoport, although the exact financials have not yet been disclosed, the Denver Broncos coach received more than adequate compensation for his efforts --
John Fox’s new 3-year deal was described as “fair and generous.” Don’t expect an announcement tonight with #Rockies home opener in town.
— Ian Rapoport (@RapSheet) April 5, 2014
According to Rapoport, this is not a traditional contract extension -- rather it is an entirely new deal with bumped up financials across the board --
#Broncos coach John Fox agreed to a new 3-year contract, per team source. Final year of deal ripped up for new deal. @JayGlazer 1st reported — Ian Rapoport (@RapSheet) April 5, 2014
The former Carolina Panthers head coach was hired by the Denver Broncos before the 2011 NFL season. After winning the AFC West with a paltry 8-8 record in 2011 with Tim Tebow and Kyle Orton at the helm, Fox (and Tebow) led the Broncos to a shocking 29-23 upset of the 12-4 Pittsburgh Steelers in an AFC Wild Card match-up -- before ultimately falling to the New England Patriots in the AFC Divisional round by a count of 45-10.
2012 brought legendary quarterback Peyton Manning to the Mile High City, and the rest has been history.
The Broncos posted back-to-back 13-3 seasons in 2012-13, and with deft moves during this nascent 2014 NFL free agency period, seem primed to shake off a humbling 43-8 defeat at the hands of the Seattle Seahawks in Super Bowl XLVIII.
With the announcement of Seahawks head coach Pete Carroll's contract extension yesterday night, both Super Bowl XLVIII coaches have been rewarded with brand new contracts.
Before the Broncos rewarded him today, John Fox was scheduled to make just $3.25 million during the 2014 NFL season.
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