The sports world was shocked when ESPN decided to let Bill Simmons go, but he isn’t doing too badly considering. Now that he is done with ESPN, he is moving on to HBO, the media mecca of the industry.
The famed American sports columnist made a name for himself at ESPN where he worked for most of his career. Since, he has been huge part of building up the network and played a huge role in ESPN’s popular ’30 for 30s’ and podcasts, along with other significant projects.
During his career, the 45-year-old sports guru has accumulated substantial earnings that have made him part of the multimillionaire club.
Here’s what you need to know about Simmons’ career and earnings:
1. His Net Worth is $15 Million
Throughout Simmons career working as an Editor-In-Chief at Grantland, a site affiliated with ESPN, along with writing for Jimmy Kimmel Live! and ESPN Magazine, his podcasts, his 30 for 30 productions and various other positions he is worth approximately $15 million, according to CelebrityNetWorth.com. Now that he has signed a contract with HBO, his net worth will continue to go up.
2. He Worked at ESPN for 14 Years
As mentioned earlier, Bill Simmons was one of the most prominent writers and faces of ESPN having started beck in 2001 with Grantland. After 14 years working at ESPN, his relationship with the sports huu has been severed.
3. There Are Two Theories As to Why ESPN Fired Him
According to various news sources, there are two main theories as to why ESPN refused to renew their contract with the famed Bill Simmons who had become somewhat of a fixture at the network.
Business Insider reported that ESPN and Simmons had been going through a rough patch in their relationship when ESPN president John Skipper released the shocking statement in May:
We have been in negotiations and it was clear it was time to move on.
Business Insider pondered the seemingly sudden break up and defined the two theories floating around:
1. Simmons’ projects didn’t generate enough ad revenue to justify his $5 million salary.
2. The relationship between Simmons and ESPN had been on the rocks for a while, and the last straw was Simmons going on the “Dan Patrick Show” — which isn’t an ESPN property — and ripping NFL commissioner Roger Goodell a day before Skipper announced he was out.
Either way, Simmons isn’t too upset about the next steps he will be taking in his career. Watch the video above to hear his roast of Roger Goodell which could have played a part in the situation.
4. He Signed a $5 Million Contract Per Year With HBO
On July 22, 2015, Simmons signed a contract with HBO for $5 million that will begin in October. His contract with ESPN ends in September and he will get a paycheck until then. He will also get his own show that will air in 2016.
Simmons told the New York Times of his new job:
It’s no secret that HBO is the single best place for creative people in the entire media landscape. it was hard to imagine being anywhere else.
According to the New York Times Michael Lombardo, HBO’s president of programming, said in a statement:
We have been fans of Bill Simmons and his work for a very long time. His intelligence, talent and insights are without precedent in the areas he covers. We could not be more thrilled for him to bring those talents to HBO and to become a signature voice at the network, spanning the sports and pop culture landscapes.
5. He Was Named the 12th Most Influential Person in Online Sports
According to a study in 2007 by the Sports Business Journal, Simmons was named the 12th most influential online sports writer. Since then, his status has been raised further as he continued to produce new material for ESPN for eight years after and will continue to do so at HBO.