Hailing from New York City New York, United States, Matthew Kenneth Rhule, is officially in his second year as the head coach of the Nebraska Cornhuskers football team. Born on January 31, 1975, he played college football with the Penn State Nittany Lions as a linebacker from 1994-97. Notably, he also started his coaching career with the team.
Matt Rhule is notable for his coaching career in the NFL for the New York Giants and the Carolina Panthers. He also served as the previous head coach of the Temple Owls and Baylor Bears football teams. He won the AAC Championship in 2016 and the AAC East Division titles in 2015 and 2016. He was declared as the Big 12 Coach of the Year and Sporting News Coach of the Year in 2019.
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Matt Rhule net worth 2024
Matt Rhule's net worth is $25 million as of 2024 as per celebritynetworth.com. He signed an eight-year deal on November 26, 2022, to become the head coach of the Nebraska Cornhuskers. This contract includes a base salary of $5.5 million in his first season, escalating to $12.5 million by 2030 if he remains with the team. Additionally, Rhule is eligible for performance-based bonuses, including a potential $1 million for winning the national championship.
Furthermore, the contract features a $7 million base salary pool for Rhule to compensate his assistant coaches, demonstrating the importance of building a strong supporting staff. There are also retention bonuses of $1 million each, payable in March of 2025, 2027, 2029, and December 31, 2030.
In the event of unforeseen circumstances, the contract stipulates a buyout of $7 million should Rhule choose to leave before its completion. Conversely, if Nebraska were to terminate Rhule without just cause, he would receive 90% of the contract's total worth.
FAQs on NEB Coach Matt Rhule Net Worth as of 2024
A. Matt Rhule's coaching contract with the Nebraska Cornhuskers is an eight-year deal worth $74 million, signed in November 2022.
A. Matt Rhule's base salary for his first season with the Nebraska Cornhuskers is $5.5 million.
A. Yes, Matt Rhule is eligible for performance-based bonuses, including a potential $1 million for winning the national championship.
A. The buyout amount in Matt Rhule's contract is $7 million if he decides to leave before the contract's term ends.
A. Matt Rhule has a net worth of $25 million as of 2024.