Stephen A. Smith Nearing $120 Million Contract Extension with ESPN

The new deal, reportedly under negotiation for several months, could include a six-year term and expanded opportunities across Disney properties.

Stephen A. Smith and ESPN are reportedly close to finalizing a six-year, $120 million contract extension, according to multiple sources.
The deal may include a 'first-look' agreement for Smith's production company, allowing Disney to explore his concepts for broader entertainment projects.
Smith's current contract, which expires in 2025, pays him $12 million annually, with the new agreement representing a significant 50% increase in salary.
Negotiations align with ESPN's strategy of securing top talent, following high-profile signings like Pat McAfee and the acquisition of 'Monday Night Football' broadcasters Troy Aikman and Joe Buck.
Smith has expressed interest in expanding his career into late-night programming and political commentary, hinting at ambitions beyond sports media.