Stephen A. Smith has officially signed a five-year, $100 million contract extension with ESPN, solidifying his role as the face of “First Take” while also gaining greater flexibility to expand his presence beyond sports.

According to Sports Illustrated, Smith confirmed the extension on First Take, expressing gratitude for the deal while acknowledging the lengthy negotiation process. “It took too d-mn long,” he remarked with a smile, adding that he remains proud to be part of the “Worldwide Leader in Sports.” His co-host, Molly Qerim, responded lightheartedly, “Yeah, you’re telling me! I saw those mood swings.”

Evolving Role at ESPN

Under the new agreement, Smith will continue as the primary voice of “First Take” but will scale back appearances on other ESPN programs, including a reduced role on the network’s NBA pregame show, The Athletic noted. This shift allows him to explore additional media opportunities, including political commentary, a space he has engaged with more frequently in recent years.

Smith’s outspoken takes on current events, including discussions on figures such as Donald Trump and Kamala Harris, have fueled speculation about a potential 2028 presidential run. However, he has downplayed any serious intentions. During an appearance on “The Chris Cuomo Podcast,” Smith addressed the rumors surrounding his political future, stating, “First of all, don’t even think about me being a politician, it ain’t going to happen. I love my life, I love the life that I have, I love the life that I’m living…” His remarks reinforce that he has no serious plan for office despite his growing presence in political discourse.

The Business of Stephen A.

At 57, Smith has secured a significant financial increase, with his annual salary rising from $12 million to $20 million, Sports Illustrated further confirmed. This positions him among the highest-paid sports media personalities, reflecting both his marketability and ESPN’s recognition of his impact.

ESPN’s decision to invest heavily in Smith comes as the network navigates industry-wide changes, including budget cuts and talent shifts. His ability to drive engagement, command discussions, and remain a polarizing yet influential figure makes him a strategic asset.

What Lies Ahead For Smith?

As his obligations at ESPN evolve, Smith can further build his brand, whether through “The Stephen A. Smith Show,” political media appearances, or new ventures in entertainment. While a political career remains speculative, his role as a commentator beyond sports is destined for expansion. 

As media continues to evolve, the on-air personality remains a central figure in both sports and broader cultural conversations. His latest contract ensures that, for the foreseeable future, his voice will continue to shape the discourse on and off the court.