Panthers Sign HC Ron Rivera To Two-Year, $15M Extension

Update:

The Carolina Panthers announced that they have officially signed HC Ron Rivera to a two-year, $15 million extension.

Official: The Panthers have signed head coach Ron Rivera to a 2-year extension https://t.co/Cwal6VD0fZ

— Carolina Panthers (@Panthers) January 6, 2018

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Ian Rapoport reports that the Panthers are closing in on a contract extension for HC Ron Rivera that would keep him under team control through the 2020 season.

• Rapoport adds that Rivera’s deal is a two-year contract worth $15.5 million.

A few weeks ago, Rapoport reported that locking up Rivera was one of the most important tasks for the Panthers moving forward, so this doesn’t come as a big surprise.

Rivera is in the final year of his contract and Rapoport mentioned that team brass believes they need stability on the football side of the organization and Rivera and his staff have done a pretty good job this year.

Rapoport also said that there’s hope from many in Carolina is that interim GM Marty Hurney remains in place as their full-time GM. It’s worth mentioning that the Panthers would have to go through the process of interviewing other candidates and fulfilling the Rooney Rule requirements before settling on Hurney.

Hurney is currently under contract through June while Rivera is finishing out the final year of his three-year, $19.5-million contract.

Rivera, 55, has spent the past seven years as the Panthers head coach and has led them to a record of 64-47-1 (57.6 percent), which includes three playoff appearances and a trip to the Super Bowl last year.

We’ll have more regarding the Panthers and Rivera as the news is available.