Former Panthers coach Matt Rhule gets extension through 2032

Matt Rhule has secured a two-year contract extension with Nebraska, which now ties him to the program through 2032. The extension, reported by Pete Thamel of ESPN, raises Rhule's buyout from $5 million to $15 million, effectively making it difficult for him to be considered for other coaching positions during the 2026 hiring cycle. Despite the extension, Rhule's base salary remains unchanged, but it includes a clause that adds $1 million to his salary for each year the Cornhuskers make the College Football Playoffs. The contract averages $11.7 million annually, with the two added years valued at $12.5 million each and 90 percent of the contract guaranteed. Under Rhule's leadership, Nebraska posted a 5-7 record in 2023, improved to 7-6 in 2024, and currently holds a 6-2 record this season.