Report: Kyle Shanahan signs new contract (contracts)

Kyle Shanahan has signed a new contract, according to a report Monday from Adam Schefter.

Financial terms were not disclosed, but Schefter reported Shanahan will now be among the NFL's five highest-paid coaches.

The new contract is a 6-year deal that wipes out the remaining three years on his original contract, which was also a 6-year deal.

Schefter reported that Shanahan and 49ers owner Jed York banged out the new deal themselves.

The 40-year-old is 23-25 in his three years as the Niners' head coach. Upon inheriting a 2-14 team from Chip Kelly, Shanahan went 6-10 in 2017, fell to 4-12 in '18, then rocketed to a best-in-the-NFC 13-3 record in 2019 with a Super Bowl appearance.

As always, stay tuned to The Scoop for the latest.

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