Matt Rhule Net Worth: How Rich Is This Football Coach?
In this article, we will discuss the topics like, What is the net worth of Matt Rhule? Everything about Matt Rhule and also How much money has he amassed? Therefore, if this is something that piques your curiosity, stick with us.
Matthew Kenneth Rhule is an American football coach and former player who was born on January 31, 1975. From 2020 to 2022, he was the head coach of the Carolina Panthers of the National Football League (NFL). He was the head coach at Baylor University and Temple University before.
Rhule grew up in New York City, but when he was a teenager, he moved with his family to State College, Pennsylvania. Rhule went to State College Area High School and played linebacker there. He then walked on as a linebacker at Penn State. Rhule played football for four years at Penn State under Joe Paterno. He was a Penn State Scholar-Athlete three times and was named to the Academic All-Big Ten team in 1997. Rhule got his Bachelor of Arts in Political Science at Penn State. In 2003, he went to the University at Buffalo and got his Master’s in Educational Psychology.
How Much Does Matt Rhule Make and What Is His Net Worth?
Matt Rhule has a net worth of $25 million dollars.
Pay and Contract
In January 2020, it came out that Matt had signed a seven-year contract that could be worth up to $70 million. He was one of the best-paid college or NFL football coaches in the world because of the contract. Before, he was the head coach at Baylor University, where he made $4.1 million a year. For the Panthers to get hired, they had to pay Baylor $6 million to get out of the deal. When he worked for the Panthers, his base salary was $8 million, but with bonuses and other pay, he could have easily made $10 million.
As we’ve already said, Matt was fired in October 2022, which was sad. When Matt was fired, the Panthers still owed him $40 million. Contractually, they have to pay him the full $40 million unless he gets another job, but why would he do that?
Matt Rhule’s Properties
Rhule and his family put their Waco, Texas home on the market in 2020, after he was hired as head coach of the Carolina Panthers. His home was put up for sale for $2.5 million. It was in the town’s highly sought-after Woodway neighborhood. There are five bedrooms, a home theatre, a pool house, a wine cellar, a dog park, and a fire pit in the 8,000-square-foot house. Magnolia Realty, which is owned by Chip and Joanna Gaines of HGTV, put the house on the market.
When he moved his family to Charlotte, North Carolina, he spent $3.4 million on a house with six bedrooms and nine bathrooms.
Career As A Coach
Beginning Coaching Career
Rhule coached Albright College’s linebackers after retiring. After one year at Albright, Rhule coached defensive lines at Buffalo, UCLA, and Western Carolina before joining Temple in 2006. Rhule became Temple’s offensive coordinator in 2008 after coaching quarterbacks in 2007.
New York Giants (2012)
Rhule became the New York Giants’ assistant offensive line coach in 2012, a year after the Giants won their 4th Super Bowl. Rhule coached Giants Super Bowl champions David Diehl, Kevin Boothe, and Chris Snee.
Rhule became Temple’s 26th head coach on December 17, 2012, replacing Steve Addazio, who left for Boston College.
Temple extended Rhule till 2021 on July 2015. This deal was renegotiated to keep Rhule at the Owls after a great third year. He chose Temple over Mizzou and Syracuse.
Rhule’s Owls defeated Penn State 27–10 in front of 69,741 people on September 5, 2015.
In Rhule’s third year as Temple’s head coach, the Owls finished 10–2 in the regular season and won the American’s East Division and the inaugural conference championship game. He led the Owls to their second consecutive championship game and their first conference title since 1967 the following season.
Rhule replaced interim Baylor head coach Jim Grobe on December 6, 2016. Baylor missed a bowl for the first time since 2009 after finishing 1–11 in 2017. He led Baylor to a 45–38 win against Vanderbilt in the 2018 Texas Bowl to conclude the season 7–6. Rhule’s 11–1 Baylor Bears lost to Oklahoma in the Big 12 Championship game and Georgia in the Sugar Bowl. Rhule’s Baylor squads never defeated ranked teams.
Carolina Panthers (2020–2022)
Rhule became the fifth Carolina Panthers head coach on January 7, 2020.
 Rhule’s defence improved from 2019’s 2nd-most points allowed to #15 in the league. Rhule’s first year “hasn’t gotten off to a flawless start in Carolina, but the Panthers appear to be going in the right direction,” according to Bleacher Report.
Rhule lost his NFL coaching debut to the Las Vegas Raiders 30–34 on September 13, 2020. He defeated the Los Angeles Chargers 21–16 on September 27, 2020, for his first NFL win. Rhule finished 3rd in the NFC South with a 5–11 record in his first season as head coach.
Rhule guided the Panthers to a 19–14 triumph over the New York Jets in their 2021 NFL season opener. Panthers started 3–0 but finished 5–12. Fans, media, and former Panthers players questioned his job after he went 10–23 in his first two seasons. Panthers owner David Tepper believed Rhule was setting the groundwork.
Rhule was sacked on October 10, 2022, after a 37–15 loss to the San Francisco 49ers dropped the club to 1–4. After two-and-a-half seasons, he went 11–27.
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