"I'm not giving up my money. I ain't giving up my money. I can tell you right now. Let me put that presidential aspiration to bed. If I have to give up my money, it's not happening! Smith declared, effectively shutting down speculation about a potential 2028 presidential run during his conversation with Sean Hannity about the upcoming election cycle."
"In March of last year, Smith signed a contract extension with ESPN for a whopping $100 million for five years. He followed that up in September with a new SiriusXM deal that brought him an additional $36 million for three years, totaling over $136 million in media contracts that would require forfeiture if he pursued elected office."
Sports analyst Stephen A. Smith has decided against pursuing a 2028 presidential campaign, citing financial reasons. Smith, a 58-year-old ESPN fixture who hosts First Take and The Stephen A. Smith Show, previously speculated about running as a Democrat despite identifying as a political independent. During an interview with Fox News host Sean Hannity, Smith emphasized his unwillingness to relinquish his substantial media earnings. In March 2025, Smith signed a $100 million five-year contract extension with ESPN, followed by a $36 million three-year deal with SiriusXM in September. Smith's decision prioritizes his financial interests over political ambitions.
Read at www.mediaite.com
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