According to The Athletic's Andrew Marchand, Smith agreed with ESPN on a new $100 million contract for the next five years. Smith — who previously made $12 million per year — would see a pay bump along with more opportunities to discuss politics on other networks.

Stephen A. Smith and ESPN have agreed to a five-year contract worth at least $100 million, according to The Athletic's Andrew Marchand. Per that report, the new pact "will result in Smith continuing to star on First Take on ESPN while scaling back some of his other required appearances on the network,

The money was never in doubt, according to Stephen A. Smith, of his just-announced new 5-year, $100M contract. “The money was agreed to in October,” Smith told Front Office Sports last month, saying the sticking points were more about broader topics Smith wanted to engage with,