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McCarthy signs new contract

By Lori Nickel of the Journal Sentinel

March 4, 2011 4:37 p.m. |(0) Comments

The Packers announced their multi-year contract with coach Mike McCarthy.

In his fifth season, McCarthy led the Packers to a Super Bowl XLV win against Pittsburgh. Green Bay became only the second No. 6 seed since 1990 to win the Super Bowl. He joined Vince Lombardi and Mike Holmgren as the only coaches in franchise history to lead the Packers to a Super Bowl title.

“We are very pleased to finalize this agreement with Mike,” said Packers general manager Ted Thompson in a statement released by the team. “He’s a good football coach, a good leader, and a good man. I look forward to working with Mike into the future.”

“I want to thank the Green Bay Packers, especially Mark Murphy and Ted Thompson, for the continued commitment and confidence they have shown in our program,” McCarthy said in the release.

“We were very excited to bring the Lombardi Trophy back home this past season, and we look forward to the challenge of continuing to improve as a football team and adding to the championship legacy here. My family and I love being in Green Bay. It’s always going to be my home, and we are very happy to continue to be a part of this community.”

McCarthy has led the Packers to three postseason berths in the past four seasons, highlighted by the world championship in 2010 and an appearance in the 2007 NFC Championship Game. He has posted a 5-2 record in the playoffs, a .714 winning percentage that ranks tied for first among active NFL coaches.

Including the playoffs, McCarthy has guided the Packers to a 25-12 mark (.676) over the past two seasons. The 25 wins rank No. 3 in the league over that span behind only New Orleans (27) and Indianapolis (26). Since taking over as head coach in 2006, McCarthy has led Green Bay to a 53-34 record (.609), including the postseason.

chuckleslove wrote:Who is McCarthey?

*A lot of head coaches in the NFL are happy to see the kind of coin Packers coach Mike McCarthy is getting. Initial reports on McCarthy’s new extension said McCarthy will be paid about $5 million a year. The reality, according to those with knowledge of the deal, is he now will be paid $32.25 million over five years—an average of $6.45 million per season. What’s more, McCarthy is scheduled to receive more than half of his money—more than $8 million per year--in the first two years of the deal. The contract was agreed upon the week after the Super Bowl, when McCarthy’s leverage couldn’t have been higher. He and the Packers had been negotiating throughout the playoffs—including the week preceding the Super Bowl.