Panthers Sign HC Ron Rivera To A New Three-Year, $19.5M Extension

Update:

Ian Rapoport of NFL Media reports that the Panthers actually ripped up HC Ron Rivera’s old contract and gave him a new three-year, $19.5 million deal with another $3 million available in incentives.

  • According to Rapoport, the Panthers also gave their assistant coaches raises too.

Panthers GM Dave Gettleman said of Rivera’s new extension:

It was an easy decision. Ron has worked extremely hard and we are thrilled with our current directoin. Mr. Richardson has established a great culture here and Ron is a big part of that.

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Joe Person of the Charlotte Observer reports that the Panthers have signed HC Ron Rivera to a one-year contract extension that will pay him over $6 million a year.

According to Person, this will leave Rivera among the top 10 highest-paid coaches in the NFL. Rivera’s new deal puts him in line with Mike McCarthy (Packers), Bruce Arians (Cardinals) and Jason Garrett (Cowboys).

This doesn’t come as a complete surprise, seeing as the two sides had reportedly been discussing an extension for Rivera earlier in the offseason.

Carolina previously signed Rivera to a three-year extension through 2017 after they won the NFC South and Rivera was named Coach of the Year back in 2013.

Rivera, 54, was named Coach of the Year for the second time this past season and led the Panthers to their second Super Bowl appearance in franchise history.

Since taking the Panthers’ head-coaching job back in 2011, Rivera has led them to a record of 47-32-1 (59.4 percent) to go along with three playoff appearances and three playoff wins.

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