Nebraska Coach Rhule Extends Contract Through 2032
Nebraska has renewed its commitment to head coach Matt Rhule by signing him to a contract extension that will last through the 2032 season. This announcement follows a noteworthy performance from the team, as the Cornhuskers currently boast a 6-2 record this year.
Details of the Contract Extension
The new agreement comes with significant financial implications. Rhule’s buyout has increased from $5 million to $15 million this season, effectively discouraging him from pursuing other job opportunities. This extension also reflects the Rhule family’s satisfaction with their time in Nebraska, which played a crucial role in their decision.
Incentives and Salary Structure
- Base compensation remains unchanged.
- Additional incentives are tied to Nebraska’s performance in the College Football Playoff (CFP).
- Every time Nebraska qualifies for the CFP, Rhule’s base salary will increase by $1 million.
- His average annual value (AAV) during the deal exceeds $11.7 million, placing him among the top college coaches.
- Rhule’s salary will reach $12.5 million in the final two years of the extension.
- The contract remains 90% guaranteed, ensuring financial stability.
Rhule’s Impact on Nebraska Football
Rhule has successfully led Nebraska to its first bowl game since 2016, signaling a turnaround for a program that has faced difficulties in recent years. In November 2022, he was hired to revitalize the team following five consecutive losing seasons under the previous coach, Scott Frost.
His coaching history includes notable successes, such as winning the American Athletic Conference title at Temple in 2016 and rebuilding Baylor to achieve a Sugar Bowl appearance in 2019. The extension solidifies his position and mitigates concerns about his potential interest in higher-profile jobs, such as the recently vacant position at Penn State, his alma mater.
Looking Ahead
The extension signifies Nebraska’s confidence in Rhule’s vision for the future. With significant progress evident this season, many anticipate that the team may be on the path to achieving its best performance in almost a decade. As they aim for back-to-back bowl games, the Cornhuskers are energized by the potential for sustained success under Rhule’s leadership.