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Ex-Patriots HC Jerod Mayo has a new job outside of football
New England Patriots
Mayo joined Fifth Down Capital in February as the firm’s managing director.
Jerod Mayo was fired as the Patriots’ head coach at the end of the disastrous 2024 season. Danielle Parhizkaran/Globe Staff
Former New England Patriots head coach and Super Bowl champion linebacker Jerod Mayo has landed a new job.
His latest appearance brings him back into the business world as director of Fifth down capital.
Mayo, 40, joined the company in February, according to his LinkedIn profile.
Fifth Down Capital is a private equity investment firm based in Needham.
According to its website, Fifth Down wants to “work with generational companies and compelling fund managers to shape large, sustainable markets.” The company has investments in technology, healthcare and consumer/retail businesses, according to the company PitchBook.
This isn’t Mayo’s first time working in the business world. Before being named Patriots head coach in 2024, he served as Optum’s Vice President of Business Development from 2015 to 2018.
During his introductory news conference at Gillette Stadium, Mayo said his time at Optum helped prepare him for the head coaching position.
“One thing I came back with is that I learned a lot at Optum,” he said. “I learned a lot about diversity, about diversity and inclusion. You better believe that being the first black coach here in New England means a lot to me. But those guys taught me that you have to take ideas from other people, black, white, green, yellow. It really doesn’t matter. Old, young.”
Mayo finished the 2024 season with a 4–13 record. He was fired after New England’s Week 18 win over the Buffalo Bills; that win earned the organization the No. 4 pick in the 2025 NFL Draft despite having a shot at the No. 1 overall selection.
The Patriots had two separate six-game losing streaks during his tenure.
Owner Robert Kraft said earlier this year that the decision to let Mayo go was a difficult one, both personally and financially.
“I’m very fond of Jerod. I would say this was one of the one or two toughest decisions,” Kraft said in January. “It was very expensive because it wasn’t just that [Mayo’s] contract only 25 other coaches – so it was the worst financial implication since we owned the team.
“But I’m a fan first and I thought this just wasn’t the right situation, and that’s on me. Jerod is a great guy, but I just didn’t want to go through what happened.”
Mayo has kept a relatively low profile since his dismissal. He did attend a University of Tennessee (his alma mater) football game last September.
It doesn’t seem like Mayo is in a hurry to get back into the football world with his latest career move.
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