Colin Cowherd is closing in on a new four-year deal with Fox Sports and iHeartRadio, the NYPost is reporting citing sources.
Cowherd, 54, left ESPN for what was reported as a contract of more than $6 million per year in 2015. A source confirmed that price tag, but since Cowherd is continuing his ownership stake in his content, the exact total of his new deal is likely more.
For example, with iHeartMedia, Cowherd owns part of his radio show. Cowherd, sources said, has a salary from iHM, but then receives a share of the net revenues above what iHM already pays him.
Cowherd, Fox Sports and iHeartRadio have agreed to the terms quicker than they needed to as Cowherd’s original deal still had another year left, but he and they are apparently satisfied with the show’s production.
In his new deal, Cowherd will continue to do his syndicated radio show, which is simulcast on Fox Sports 1. However, he will soon no longer co-host his afternoon TV with Jason Whitlock, “Speak for Yourself.” Fox Sports is expected to sign ESPN’s Marcellus Wiley to replace Cowherd to team with Whitlock. The Sporting News first reported Wiley as Cowherd’s likely successor.
Wiley has been a co-host on ESPN’s “SportsNation” and on ESPN’s Los Angeles radio affiliate.
During the fall on Sundays, Cowherd will continue on the morning pregame show, “Fox NFL Kickoff,” which is hosted by Charissa Thompson.
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