(Photo credit: Kirby Lee-Imagn Images)

Sean Payton agreed to terms Thursday on a new five-year contract with the Denver Broncos that spans through the 2030 season.

The deal replaces the final two years Payton, 62, had remaining on his existing deal. Financial terms were not disclosed.

'Sean Payton has led an impressive turnaround over the past three seasons, instilling a winning culture with high expectations,' Broncos owner Greg Penner said in a news release. 'I appreciate the close partnership he shares with (general manager) George Paton, along with the alignment and stability across our football operations.

'We're thrilled for Sean to continue leading our team as head coach, building on our progress during such an exciting time for the Broncos.'

Payton guided the Broncos to a 14-3 record and an appearance in the AFC Championship Game last season. He is 32-19 during his three seasons at the helm in Denver.

The Broncos acquired Payton from the New Orleans Saints in 2023. Denver traded a first-round pick in the 2023 NFL Draft and a second-round selection in 2024 to New Orleans. The Broncos received a third-round pick in 2024 to complete that deal.

The new five-year contract links Payton and Paton through the 2030 season. Paton, who signed his deal in May, joined Denver as the GM in 2021 after 14 seasons in the Minnesota Vikings' front office (2007-20).

Payton spent 15 seasons as the head coach of the Saints (2006-11, 2013-21), highlighted by a Super Bowl XLIV title during the 2009 season. He also was named the NFL Coach of the Year in 2006.

Payton owns a 184-108 record as the head coach of the Saints and Broncos. His win total is second only to Kansas City's Andy Reid (279) among active NFL coaches.

--Field Level Media