Matt Rhule is the new head coach of the Carolina Panthers and it’s a massive seven-year, $60 million (up to $70 million GUARANTEED) for the life of the contract, according to Adam Schefter’s source, which is most likely Rhule’s agent who would like to get other coaches contracts like this one.
Don’t worry about Panthers owner David Tepper and him not having enough money to pay such a contract. He was estimated to be worth — in February 2019 — to be worth $11.6 billion.
Panthers are giving former Baylor HC Matt Rhule a seven-year – seven year – deal worth $60 million that with incentives could be worth up to $70 million, per league sources.
— Adam Schefter (@AdamSchefter) January 7, 2020
Rhule’s college career record is 47-43 after stops at Temple and Baylor. In three seasons, Rhule had a 1-11, 7-6 and 11-3 records at a school that was presumed to be dead, thanks to the Briles era, before he got there. A couple weeks ago Tepper said a college coach wouldn’t be at the top of his list for the job.
“I do understand the difficulty of the transition, though,” Tepper said. “That doesn’t mean I’m closing it off, but you got to understand anybody that’s been around football understands the difficulty of that transition from the college game to here, and different demands here.”
That’s right Adam, the seven-year contract means the he will be on contract for seven years. pic.twitter.com/1kQ55HAXNd
— Punbelievable (@ThePunnedIt) January 7, 2020