ESPN is reportedly set to make Stephen A. Smith the highest-paid on-air person in company history. According to a report from New York Post business insider Andrew Marchand, the Worldwide Leader could potentially boost Smith’s salary to $10 million.
In his report, Marchand said he spoke with multiple executives and agents to figure out the potential raise. Smith is in line to garner anywhere between $8-10 million from ESPN.
According to the report from Marchand, Smith currently has two years left on his contract with the Worldwide Leader. His current contract pays him “in the $5 million range,” which means he could potentially double his salary.
Here’s more from the Post:
Even as ESPN tightens its budget for some of its personnel, Smith is expected to receive a record payday. The Post reported last week that ESPN will still prioritize whom it considers must-keep personnel.
Smith is a Swiss-army-knife for the network, appearing across multiple platforms for the Worldwide Leader.
Despite his frequent on-air errors over the past few weeks, Smith’s value at the company has never been higher. Marchand suggested other players like DAZN or Fox Sports could make a run at Smith as well – which could result in a bidding war.
Either way, it looks like Smith is in line for a massive pay raise.
Stay tuned for an official announcement.