Stephen A. Smith Nears $120M ESPN Contract

Stephen A. Smith and ESPN are nearing a new contract deal that could significantly increase Smith's influence within Disney. The negotiations suggest a potential six-year contract worth up to $120 million, with ESPN offering $18 million annually, though Smith is reportedly seeking $25 million. A 'first-look' agreement with Disney may also be included, allowing Smith to explore broader entertainment projects beyond sports. The deal, if finalized, would make Smith one of the highest-paid on-air personalities at ESPN, surpassing figures like Pat McAfee and Troy Aikman. Smith's current earnings from ESPN are $12 million annually, with additional income from his production company and gambling deals. The agreement could be finalized in the coming weeks, despite Smith's public denial of the deal's imminence.