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The Green Bay Packers have announced a new contract for general manager Ted Thompson, who built their Super Bowl-winning roster, and they're close to a new deal with head coach Mike McCarthy, who guided that team to the title.
According to Bob McGinn of the Journal Sentinel, Thompson will make about $2.5 million a year, and McCarthy about $5 million. That makes them an absolute bargain.
Think about this for a moment, in the context of the multibillion-dollar industry that the NFL is. There are dozens of NFL players who made more than $7.5 million in 2010. How many of those players are more valuable to a franchise than a coach and general manager who can put together a Super Bowl-winning team? Would you rather have a great franchise quarterback like Tom Brady or Peyton Manning than Thompson or McCarthy? Maybe. But almost any other player in football would be less valuable to a franchise than a GM like Thompson or a coach like McCarthy.
When Thompson and McCarthy got into the business, they probably never in their wildest dreams thought they'd be making millions of dollars a year. But that doesn't change the fact that for what they've done for the Packers, they're underpaid.
Packers Get Bargains: Ted Thompson for $2.5M, Mike McCarthy for $5M
Feb 16, 2011 – 1:27 PM
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