Mike Shanahan has reached an agreement in principle to become the new head coach of the Washington Redskins, according to sources familiar with the negotiations.
The Redskins are making plans for Shanahan to sign his contract and announce his hiring Wednesday.
The hiring should be well received by Broncos owner Pat Bowlen who figures to save roughly $7 million now that his coach from 1995-2008 has landed elsewhere.
Shanahan is to receive a five-year contract from the Redskins at approximately the same salary he had during his final contract with the Broncos. He was drawing approximately $7 million a year with Denver — and still had three years remaining on his deal when he was fired nearly a year ago.
Denver Broncos
The Broncos will pay approximately $3.5 million each in 2010 and 2011 to essentially have Shanahan coach the Redskins. Then again, Bowlen will also save roughly $3.5 million each of the next two years now that their former coach is no longer unemployed.
With the Redskins, Shanahan will work in concert with general manager Bruce Allen much as he did in Denver with Broncos general manager Ted Sundquist from 2002-07. During that six-year Shanahan-Sundquist run, the Broncos compiled five consecutive winning seasons, three consecutive playoff appearances, and a 58-38 record. The Broncos went 13-3 and hosted the AFC championship game in 2005 — the last time they played in the postseason.
In that business partnership, Sundquist oversaw the draft, contracts and roster construction, but Shanahan had final say authority on every decision.
Shanahan, who will turn 58 during the 2010 preseason, has a 154-103 record, including playoffs, as an NFL head coach, including an 8-12 mark from 1988-89 with the Los Angles Raiders. He guided the Broncos to back-to-back Super Bowl titles in 1997-98, but with quarterback John Elway retiring after the 1998 season, Shanahan guided the Broncos to only one playoff victory in their next 10 seasons.
Read more: http://www.denverpost.com/ci_14127983#ixzz0bnIAtPQF
The Redskins are making plans for Shanahan to sign his contract and announce his hiring Wednesday.
The hiring should be well received by Broncos owner Pat Bowlen who figures to save roughly $7 million now that his coach from 1995-2008 has landed elsewhere.
Shanahan is to receive a five-year contract from the Redskins at approximately the same salary he had during his final contract with the Broncos. He was drawing approximately $7 million a year with Denver — and still had three years remaining on his deal when he was fired nearly a year ago.
Denver Broncos
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The Broncos will pay approximately $3.5 million each in 2010 and 2011 to essentially have Shanahan coach the Redskins. Then again, Bowlen will also save roughly $3.5 million each of the next two years now that their former coach is no longer unemployed.
With the Redskins, Shanahan will work in concert with general manager Bruce Allen much as he did in Denver with Broncos general manager Ted Sundquist from 2002-07. During that six-year Shanahan-Sundquist run, the Broncos compiled five consecutive winning seasons, three consecutive playoff appearances, and a 58-38 record. The Broncos went 13-3 and hosted the AFC championship game in 2005 — the last time they played in the postseason.
In that business partnership, Sundquist oversaw the draft, contracts and roster construction, but Shanahan had final say authority on every decision.
Shanahan, who will turn 58 during the 2010 preseason, has a 154-103 record, including playoffs, as an NFL head coach, including an 8-12 mark from 1988-89 with the Los Angles Raiders. He guided the Broncos to back-to-back Super Bowl titles in 1997-98, but with quarterback John Elway retiring after the 1998 season, Shanahan guided the Broncos to only one playoff victory in their next 10 seasons.
Read more: http://www.denverpost.com/ci_14127983#ixzz0bnIAtPQF
