Forced out Broncos coach Anthony Seibold has reportedly pocketed $1.5 million in a monster payout from the Brisbane Broncos.
The 45-year-old last month announced his decision to walk away with three seasons remaining on his long-term deal with the Broncos.
Reports claimed in August Seibold stood to earn up to $3.2 million to see out his full contract at the club with contrasting reports claiming the mentor also had a sixth-year option to extend his tenure through to the end of 2024.
Kayo is your ticket to the 2020 NRL Telstra Premiership. Every game of every round Live & On-Demand with no-ad breaks during play. New to Kayo? Get your 14-day free trial & start streaming instantly >
Seibold announced last month he would not be returning to the club to fight for his job after leaving the club’s biosecurity bubble to attend a private family matter.
He instead negotiated a severance package to walk the plank just days after it was first reported the Broncos had made him an offer of $1 million to walk away without seeing out the end of the 2020 season.
The club previously claimed Seibold would be given until the end of 2020 before his position was to be reviewed.
When it became clear Seibold would not survive the review, he and the club both dug in to thrash out a settlement.
Anthony Seibold at Red Hill.Source:News Corp Australia
Fox League reporter James Hooper revealed Seibold dug his heels in during the negotiations, reportedly holding out for $2 million.
“I think he’s digging his heels in and his advisers are attempting to extrapolate as much money as possible out of that Broncos contract,” Hooper said more than two weeks ago.
“Now the initial figure the Broncos have pushed across the negotiating table to part company is a tick over a million dollars. I think Seibold’s advisors and Anthony Seibold will push for more like $2 million and we’ll have to see this now thrashed out over the course of the next couple of days. I think in all likelihood he has coached his last game in charge of the Brisbane Broncos.”
The Courier-Mail on Thursday revealed Seibold’s payout finished up at $1.5 million.
Despite his turbulent tenure, Seibold and the club are reported to have ended their relationship on good terms with the coach speaking to reporters for hours on the day he announced his decision to walk away before he was sacked.
Anthony Seibold is a free agent.Source:News Corp Australia
The Broncos have had the worst season in the club’s history with just three wins in 17 games, sitting ahead of only the Canterbury Bulldogs. They have the worst defence and the second worst attack in the league.
Seibold has been under relentless pressure in the role with the dire performances putting the coach under the spotlight after each loss.
But along with the rumours around Seibold that have been sent to lawyers, the Broncos have also been dealing with infighting with former greats lashing the once powerhouse club and star forward Tevita Pangai Jr in a media storm after numerous COVID bubble breaches.
The club have also had a sex tape scandal and been under biosecurity investigations for a pub lunch attended by several players.
Assistant coach Peter Gentle is coaching the Broncos for the rest of the season as the club continues its search for the right man to eventually replace Seibold as head coach.
Source: Read Full Article