NC State football coach Philip Rivers signs 5-year deal worth more than $18M
Former NFL quarterback Philip Rivers has been hired as the new head football coach for NC State. He signed a five-year contract worth $18.25 million, replacing the fired Dave Doeren.
Why it matters
This marks a significant transition for the NC State football program, bringing in a high-profile alumnus with no prior collegiate coaching experience.
RALEIGH — New NC State football coach Philip Rivers will be paid about half of what former coach Dave Doeren was making under terms of a five-year contract that Rivers signed with the Wolfpack.
The contract was approved by the NC State Board of Trustees on Friday .
Rivers, 44, will be paid $18.25 million in annual salary and supplemental compensation over the life of the contract. He will make $3.25 million in 2027 with $200,000 in annual raises built into the deal. Rivers can earn up to $2.2 million in annual bonuses for academic and on-field achievements.
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