"The extension includes an increase in Rhule's buyout this season to $15 million from $5 million, which would effectively eliminate him from taking another job in this cycle. Rhule and his family's happiness at Nebraska, where he's in his third year as head coach, was the primary driver behind him agreeing to a new deal, per ESPN sources. Nebraska is 6-2 this season, and Rhule led the program to its first bowl game since 2016 last year."
"The new deal does not include any change in base compensation. It does offer the additional incentive for base salary if Nebraska reaches the College Football Playoff. There's an innovative new clause in the deal that states every time Nebraska qualifies for the CFP, Rhule's base salary for each year on the deal increases by $1 million. Rhule's salary throughout the course of the deal has an AAV of more than $11.7 million (including retention bonuses)."
Nebraska signed Matt Rhule to a two-year contract extension that runs through the 2032 season. The extension raises his buyout this season from $5 million to $15 million, effectively removing him from this coaching cycle's job market. Rhule is in his third year as head coach, Nebraska is 6-2 this season, and he guided the program to its first bowl appearance since 2016 last year. The new deal leaves base compensation unchanged but adds College Football Playoff incentives, including a clause that increases Rhule's base salary by $1 million for each CFP qualification. The deal averages more than $11.7 million AAV.
Read at ESPN.com
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