Forbes: Belichick is highest paid coach

Forbes produces its ranking of the highest paid coaches in sports today, noting that with the NBA's Phil Jackson retiring, the top spot now belongs to Bill Belichick.

"In 11 seasons on the New England Patriots' sideline, Bill Belichick has won 72 percent of his games, made eight postseason appearances and taken three Super Bowl titles," Tom Van Riper writes. "Little surprise, then, that Belichick now takes home more money than any coach in the four major North American sports leagues--some $7.5 million a year, we estimate. The Patriots have never publicly confirmed Belichick's contract details, but industry pundits have little doubt that the long-term extension he signed in 2007 is north of the roughly $7 million annually that Mike Holmgren was getting from the Seattle Seahawks."

Forbes also notes another New England connection.

"Chalk up 2011 as a good year for New England coaches," Van Riper writes. "Jackson's retirement from the Lakers puts Belichick in the overall top spot, and passes the NBA crown to Glenn "Doc" Rivers, who just signed a five-year, $35 million extension with the Boston Celtics."