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Report: Seahawks to announce Pete Carroll extension on Friday

By John Breech | CBSSports.com

Winning a Lombardi Trophy is a good way to get a raise. (USATSI)
Winning a Lombardi Trophy is a good way to get a raise. (USATSI)

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The Seahawks Super Bowl victory is about to pay off financially for coach Pete Carroll. The team has scheduled a 1:30 p.m. ET press conference on Friday to announce an extension for Carroll, according to NFL.com.

If Carroll gets a big raise, he could become the highest paid coach in the NFL. The Seahawks coach signed a five-year, $35 million deal in 2010 that pays him $7 million annually. That number puts him in the upper-echelon of NFL coaching salaries, but not at the top.

Saints coach Sean Payton, Chiefs coach Andy Reid and Patriots coach Bill Belichick are all believed to be making more than Carroll, according to Forbes.com. Payton is pulling in $8 million annually, while Belichick and Reid are both making about $7.5 million per year.

The Seahawks have the richest owner in the NFL in Paul Allen, so it's not crazy to think Allen would make Carroll the league's highest paid coach. With a net worth of about $15.8 billion, Allen is worth more than the next three richest owners combined.

Of course, Carroll will have earned any raise he gets. The 62-year-old has molded the Seahawks into his image of the perfect football team. In four seasons under Carroll, the Seahawks have made the playoffs three times, including last season when they beat the Broncos 43-8 in Super Bowl XLVIII. Since 2010, Seattle is 38-26 under Carroll.

If Carroll does become the highest-paid coach in the NFL, that could be something that makes the already interesting negotiations between Jim Harbaugh and the 49ers even more interesting.

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