11:59am: Coughlin’s extra year is at a similar salary as the last contract, which means he’ll earn ~$7MM, tweets Ian Rapoport of NFL Network.
11:34am: Giants coach Tom Coughlin told reporters that he has agreed to a one-year extension with the club, according to Bart Hubbuch of the New York Post (on Twitter). Coughlin’s current deal, a three-year, $20MM pact signed after Super Bowl XLVI, only took him through the upcoming 2014 season, so this contract will keep him in place through 2015, once finalized.
The 67-year-old Coughlin is the oldest coach in the NFL and he apparently doesn’t plan on retiring anytime soon. Giants co-owner John Mara recently told ESPN Radio that he intended to talk to Coughlin about a contract extension soon. “He’s going to be our coach here next year,” Mara said. “And hopefully for longer than that, but we haven’t sat down to even talk about that yet.”
Coughlin, of course, helped lead the Giants to Super Bowl victories for the 2007 and 2011 seasons. This past year, of course, wasn’t as fruitful as those seasons. The Giants started the season 0-6 and even though they managed to cobble together some victories after that point, they were too far in the hole and finished with a 7-9 mark. For his career, Coughlin owns a collective 158-130 record. With the Giants, Coughlin is 90-70.