The St. Louis Rams are set to make Jeff Fisher the NFL's second-highest paid coach, the St. Louis Post-Dispatch reported Tuesday.
Fisher, who chose the Rams over the Miami Dolphins Friday, will sign a five-year contract worth about $35 million before his formal introduction at a 2:00pm ET news conference Tuesday.
His yearly salary of about $7 million is second only to Bill Belichick's $7.5 million, and tied with the Redskins' Mike Shanahan.
The 53-year-old, who did not coach this season after 17 years with the Houston Oilers/Tennessee Titans, will only be given the title of head coach.
However, he reportedly will be involved in the ongoing search for a general manager, and is expected to have significant input on personnel decisions.
According to the NFL Network, Gregg Williams will leave the Saints to become Fisher's defensive coordinator, while Brian Schottenheimer, formerly of the Jets, is the leading contender to become the Rams' offensive coordinator.
Williams' contract was up in New Orleans, and just last week he had referred to Fisher as his "best friend in coaching."
Fisher is also expected to interview former Raiders head coach Hue Jackson for the offensive coordinator job, according to ESPN.