Matt Rhule extension: Nebraska coach gets new contract amid Penn State rumors

Matt Rhule has agreed to a two-year contract extension with the Nebraska Cornhuskers, extending his tenure through 2032. This move eliminates him as a candidate for the Penn State head coaching position, a role for which he was considered a leading contender. The new contract includes a $15 million buyout clause if Rhule leaves before the 2026 season, solidifying his commitment to Nebraska.

Under Rhule, Nebraska has shown improvement, currently holding a 6-2 record this season. The team seeks further progress with aspirations to regain its status among college football's elite. Nebraska aims for its first win over a ranked opponent under Rhule against No. 23 USC, despite Rhule's career record of 2-23 against top-25 teams.

For Penn State, Rhule's extension, along with Indiana coach Curt Cignetti's new deal, narrows the search for a replacement for James Franklin. Texas A&M's Mike Elko is now a primary target