Matt Rhule is headed to Nebraska to be the Cornhuskers’ next football coach and will reportedly receive a massive payday to do so.
According to NFL Network’s Ian Rapoport, who broke the news of the hiring prior to the school’s announcement, Rhule will earn approximately $72 million over the next eight years in Lincoln. Nebraska announced the duration of Rhule’s contract in a press release, but the school has yet to confirm any compensation details.
The amount is significant as the Panthers–Rhule’s former employer–still owe the 47-year-old approximately $34 million after firing him just five games into the 2022 NFL season. However, any salary paid to Rhule by Nebraska in the first four years of the new deal is subtracted from the amount owed by the Panthers, according to The Athletic.
