Details Emerge From Sean Payton's Trade and Contract With Broncos

The Denver Broncos officially made Sean Payton their new head coach on Tuesday, acquiring the one-time Super Bowl champion in a trade with the New Orleans Saints. Here are the details of his trade and contract...

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It took a while but the Broncos eventually negotiated the price down although Sean Payton was still expensive. The Broncos surrendered their first-round draft pick, No. 29 overall, plus their second-round pick in 2024 to the Saints in exchange for Sean Payton and New Orleans' third-round in 2024.

"The parameters of Payton's contract had been agreed to although details were still being worked out as of Tuesday evening," Klis wrote. "Payton was expected to receive a contract of at least five years worth somewhere between $17 million and $20 million a year."

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