‘Boy Got That Contract’: Stephen A. Smith Reportedly Signs $40 Million Deal With ESPN

There may be some debate about whether Stephen A. Smith is ESPN’s most popular host, but there won’t be any arguments about who’s the highest paid.

That’s because the New York Post reports that Smith inked a five-year deal with the sports network for a whopping $8 million a year, and he’s been given a portion of that money up front.

Mike Greenberg, who hosts the ESPN show “Get Up,” used to be the highest-paid host on the network with a $6.5 million salary, but no longer.

Going forward, Smith will continue to host his weekday morning show “First Take,” and he’ll also get his own version of SportsCenter before NBA games. But it’s said that he’ll let go of his ESPN radio show sometime in 2020.

Smith, who’s from the Hollis neighborhood in Queens, New York, and played basketball for Winston-Salem State University, began his career in print journalism for publications like The Goldsboro News-Argus and the New York Daily News. He also wrote for the the Philadelphia Inquirer as a columnist covering the NBA and the Philadelphia 76ers.

In 2003 he started at ESPN, and from 2005 to 2007 he hosted the network’s “Quite Frankly With Stephen A. Smith.”

Smith hasn’t mentioned anything about the new deal or the reported $8 million salary, but he seemingly alluded to it Friday on Instagram.

“For the Jay-Zs, LeBrons, Shaqs and others, I don’t consider them the American Dream,” he wrote. “I consider me the American Dream. You got a one in a billion shot to be them, but you can be me. You can go to school, you can work hard, you can make it and be Stephen A.”

His followers congratulated him on the deal in the comment section.

“Boy got that CONTRACT,” someone wrote.

“Congrats goat! You deserve every penny and more 🐐,” wrote someone else.

“Congrats man….Your a true inspiration to our community. Keep being objective and holding OUR community accountable….✊🏾” a third person commented.

@stephenasmith Instagram

Still independent.

We hope this story was worth your time. For over 14 years, Atlanta Black Star has stayed Black-owned and independently run. We didn't get here by waiting on ad budgets that were never built to prioritize us. Our readers did that.

Corporate support for Black media has always been thin. Outlets like ours get roughly 1% of the $170 billion spent on U.S. advertising each year, and that margin is shrinking further as advertisers walk back the DEI-linked commitments they made in 2020. That's the backdrop. It's not why we're asking.

The wider picture isn't any steadier. Newspaper ad revenue has fallen more than 80% since 2005, and local newsrooms are closing at a rate of roughly two a week nationwide. When outlets go under, it's rarely the ones built to center a Black perspective from the ground up that get to stick around.

We know a request for support isn't why you came here. But without readers choosing to fund this work directly, the depth of reporting we can do at home and abroad shrinks along with everyone else's. If you're not in a position to give, that doesn't change how much we value you as a reader.

If you are able to, a recurring contribution does more for us than a single one-time gift, because it lets us plan the next investigation instead of just the next invoice. It takes about 30 seconds, no long form, no account. Thank you for continuing to support independent journalism and freedom of the press.

Back to top