The Carolina Panthers paid $6 million to Baylor University for a buyout to hire their new head coach Matt Rhule, according to a report by Adam Schefter at ESPN.
Rhule’s new contract with Carolina is worth $60 million over the next seven years. He can push his earnings as high as $70 million if he reaches all of his incentives. So, another $6 million on top is no big deal, especially if you happen to be the wealthiest owner in the NFL.
While the timing was a surprise, it sounds like owner David Tepper had Rhule at the top of his list all along.
