Being a coach in National Football League (NFL) is a lifelong dream of many. However, anyone can’t get this golden opportunity, and only a select few have enjoyed the NFL coaching experience. And one such individual is Matt Rhule.
The NFL coach began his coaching journey by working in universities. His outstanding performances saw him landing a head coaching job with Carolina Panthers. Although he had a slow start, he is now guiding the team in the right direction.
Alongside providing great platforms for players and coaches, the NFL is known for its hefty paychecks. So, being a coach of such a massive league, Matt’s income must also be high. As per Celebrity Net Worth, Matt Rhule’s net worth is a whopping $20 million.
So, let’s break down his income and earnings as an NFL coach in this article.
Matt Rhule Net Worth And Earnings
The Panthers head coach started as a footballer at State College Area High School. He had previously played in Little League Baseball before focusing on football. In addition, he continued playing as a linebacker at Pennsylvania State University and became a three-time Penn-State Scholar-Athlete.
After graduation, the athlete embarked on a coaching journey and hasn’t looked back since. He has spent sweat and tears to reach his current status. So, Rhule’s fortune of $20 million is well-deserved, considering his devotion and hard work.
Also Read: Sean McDermott Net Worth And Salary From NFL
Rhule’s Earnings From Collegiate Coaching
Like other coaches, the sports personality started from coaching college teams. He was initially a volunteer assistant at his alma mater before becoming a linebackers coach at Albright College in 1998.
The college coach only served at Albright for a season. He later landed defensive line coach jobs at the University at Buffalo, University of California, Los Angeles, and Western Carolina University.
Matt initially joined Western Carolina as assistant to the former head coach Kent Briggs in 2002. Then, he climbed ranks to be linebackers coach, associate head coach, and running back coordinator. Finally, he joined Temple University as a defensive line coach in 2006.
The mentor was promoted to head coach at Temple in 2015. His initial four-year-long contract had reportedly $4 million buyout. But, the college offered him a second contract with a pay raise within six months.
Although he didn’t precisely reveal his income, Matt Rhule’s salary after the new contract was estimated to be $1.5 million annually. As per OpenPayrolls, the coach’s earnings were $2,455,105 for the 2017 season. But he moved to be a head coach of Baylor University that year.
Rhule led the Baylor Bears to an 11-1 record in the 2019 season. As a result, his income increased to be $4,113,734 the same year, and he ranked among the highest-paid college coaches.
Thus, Matt Rhule’s net worth increased alongside his collegiate coaching career progress.
Matt Rhule’s Salary From Carolina Panthers
With his impressive resume, the former Baylor head coach has been under the radar of many NFL teams. Finally, Carolina Panthers offered him a head coaching position in 2020. Although initially hesitant, he accepted the job and became Panthers’ fifth head coach.
The NFL coach signed a seven-year contract worth $60 million with the Panthers. But some sources also state the contract could be worth $70 million. Nonetheless, Matt Rhule’s salary from the NFL team is $8 million annually.
Panthers are giving former Baylor HC Matt Rhule a seven-year – seven year – deal worth $60 million that with incentives could be worth up to $70 million, per league sources.
— Adam Schefter (@AdamSchefter) January 7, 2020
The head coach’s first season with the franchise ended in a 5-11 record. He led them to finish fourth in the NFL South with a 5-12 record in the 2021 season.
Although Matt has developed a strong defense for the team, he still has a long way to go. But with continued hard work, the Panthers will undoubtedly improve their performances. Also, there is no doubt that Matt Rhule’s net worth will see a massive increment in the future.
Lifestyle And Assets
The sportsperson has enjoyed a successful coaching career for more than two decades. Therefore, Matt must have accumulated a notable amount of riches from his profession. Similarly, he must be living a comfortable life with his family.
The NFL coach has also used his hard-earned money to invest in houses and properties. For instance, he purchased an 8,150 sq feet Woodway home in Waco, Texas, in 2011. Moreover, it consists of four bedrooms, five-and-half bathrooms, beamed ceilings, mirrored fireplaces, a theater, and an elevator.
Rhule put his villa for sale for $2.5 million in 2020. Naturally, anyone would be interested in buying a house with such excellent features. He had reportedly purchased the 5.5-acre estate for $2 million in 2017.
According to VirtualGlobetrotting.com, the sports personality have purchased another home for $3,450,000 in 2020. It consists of six bedrooms and nine bathrooms and is located in Charlotte, North Carolina.
Thus, Rhule seems to be enjoying a relaxed life with his family. Let’s all wish him more success and happiness in the days ahead.
Trivia And Facts
- Matt is married to a successful dietitian Julie Rhule.
- He is a doting father of three children, Bryant Rhule, Vivienne Rhule, and Leona Rhule.
- He served as an assistant offensive line coach at New York Giants for a season.
- Rhule was named head coach of the Nebraska Cornhuskers in November 2022.
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