EAST RUTHERFORD, N.J. — Tom Coughlin was rewarded for the New York Giants' Super Bowl victory. agreeing to a four-year, $21 million contract today that will make him one of the NFL's highest-paid coaches.

He will earn about $5.25 million annually, according to a person with knowledge of the deal who spoke on the condition of anonymity to The Associated Press because the contract was not signed. The person said the team will announce the deal Saturday.

His new contract will be a $2 million increase over last season and what he was to have earned this year. Seattle's Mike Holmgren is the NFL's highest-paid coach at $8 million a year.

Coughlin had been on the verge of being fired after the Giants went 8-8 in 2006 and were eliminated in the first round of the playoffs for the second straight year.

Gary O'Hagan, Coughlin's agent, did not return a call. The Giants had no comment.