NC State football head coach Philip Rivers five-year contract details released
247Sports • • sports
Key Points:
- NC State has officially hired Philip Rivers as its football head coach, approving a five-year contract worth $18.25 million in total, starting with $3.25 million in the first year and increasing annually.
- Rivers' contract includes a base salary of $2,437,500 and supplemental compensation of $812,500 per year, with incremental annual raises of $100,000 for each salary portion.
- The deal features performance incentives such as up to $300,000 for academic achievements and up to $1 million for winning a National Championship, along with bonuses tied to wins, bowl games, and coaching awards.
- Additional benefits include two courtesy vehicles, game tickets, and travel expenses for Rivers' spouse and dependents, reflecting a comprehensive compensation package beyond salary.
- The full contract details were released following a public records request, and NC State fans can access further coverage and updates through Pack Power247 and its subscription services.
