NC State football coach Philip Rivers signs 5-year deal worth more than $18M
WRAL • • sports
Key Points:
- New NC State football coach Philip Rivers signed a five-year contract paying him approximately $18.25 million annually, about half of former coach Dave Doeren's salary.
- Rivers will earn $3.25 million in 2027 with $200,000 annual raises and can receive up to $2.2 million in bonuses for academic and on-field achievements.
- His contract includes a buyout clause starting at $5 million if he leaves before the 2027 season, decreasing annually, and runs through the 2031 season.
- The deal provides typical coaching perks such as vehicles, tickets, travel for family, moving expenses, and a country club membership.
- Rivers has no collegiate coaching experience but played at NC State and coached high school football for six seasons.
