Fired Carolina Panthers head coach Matt Rhule has been announced as Nebraska’s new head football coach. The Cornhuskers have been operating under interim head coach Mickey Joseph since firing fourth-year head coach Scott Frost on September 11 after starting the season 1-2 with losses to Northwestern and Georgia Southern.
The contract is reportedly an eight-year deal. Rhule could have a $40 million buyout from the Panthers, but his former contract stipulates that any salary from another coaching job will offset that buyout.
My understanding of the contract of former #Panthers coach Matt Rhule: Carolina is on the hook for this season, but the salaries for the ensuing seasons are offset by what his future college job pays him. Rhule gets all $40M, but Panthers likely only pay this year of it.— Ian Rapoport (@RapSheet) October 10, 2022
Nebraska is 4-8 this year after ending the season with a win over Iowa on Friday. They also beat Rutgers, Indiana, and North Dakota.
Rhule was fired from the Panthers on October 10 after going 11-27 over two and a half seasons in Carolina. He found success earlier in his career at Temple and Baylor in the 2010s, turning both programs around for double-digit win seasons.
Updates to come.