Matt Rhule’s Payout from the Panthers After they Fired him is Astronomical

Getting fired isn’t all that bad.

It was only two years ago that Matt Rhule signed an ridiculously large contract to become the Carolina Panthers’ head coach, with the franchise hoping he was the guy to be there for a very long time. The Carolina Panthers gave him a reported seven-year contract worth $62 million, and now that the Panthers fired him after an awful 1-4 start, he will not fulfill his seven year contract with the team. But the Panthers are on the hook to pay him. And he’s going to be paid a lot over the next few years not to coach the Panthers.

Just how much are we talking about here? Plenty of money to probably not upset him too much about being fired.

Former Panthers’ HC Matt Rhule now leaves the Panthers being owed north of $40 million.

— Adam Schefter (@AdamSchefter) October 10, 2022

His monthly payout will be pretty lucrative.

Matt Rhule will make $834,000 a month for the next 48 months courtesy of the Carolina Panthers.

— Allan Bell (@AllanBell247) October 10, 2022

Rhule’s firing came after Tepper in late April said: “I believe in Matt. He has my full support.”

“I’m a fan,” Tepper added that day. “I don’t like to lose. But it takes time and it takes a foundation, and it takes time to create the foundation to win. I do believe Coach Rhule and [general manager] Scott [Fitterer] have done a great job of creating that foundation.”

Since the start of last season, Carolina ranks last in yards per play (4.7), third-down conversion percentage (33%) and Total QBR (31.0), according to ESPN Stats & Information research.

“That’s the most important position on the field,” Tepper said after the team moved on from Newton. “Unless you have that guy for sure that gets you to the playoffs and Super Bowls, you have to keep reevaluating that because that’s the only thing that matters is Super Bowls.

“And until you have that guy, you’re evaluating, evaluating, evaluating every year.”

At this point it doesn’t matter who is coaching the Panthers, they still don’t have a franchise QB.

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