Nebraska Coach Matt Rhule Inks Two-Year Contract Extension
Nebraska’s football program has secured head coach Matt Rhule with a two-year contract extension. This decision comes as part of a move to ensure stability in their coaching leadership.
Contract Details
The contract extension will extend Rhule’s tenure through the 2032 season. A notable aspect of this agreement is a significant buyout clause. Specifically, the buyout is valued at $15 million for the current year.
Implications of the Buyout
- This substantial buyout effectively removes Rhule from consideration for other coaching positions during this cycle.
Innovative Salary Structure
Alongside the standard terms, the contract includes an innovative clause linked to the team’s performance. Each time Nebraska qualifies for the College Football Playoff (CFP), Rhule’s base salary will increase by $1 million for each year remaining on the deal.
Salary Overview
Rhule’s current compensation package has an Average Yearly Value (AYV) exceeding $11.7 million. This figure encompasses retention bonuses and reflects the program’s commitment to invest in its leadership.
Conclusion
The extension solidifies Rhule’s future with Nebraska while underlining the program’s ambitions on the football field. Team officials believe this innovative contract structure will motivate continued success, particularly in key competitions.
