Breaking Down Philip Rivers’ 5-Year, $18.25 Million Contract With NC State

NC State officially announced Philip Rivers as its new head football coach earlier today.

As soon as the release hit our inbox, we filed a Freedom of Information Act (FOIA) request for a copy of his contract.

We’ve now obtained the agreement, and we’re breaking down the details.

Rivers signed a five-year contract to become the Wolfpack’s head coach, with his compensation starting at $3.25 million in 2027.

That figure will increase every year, and the contract includes millions of dollars in potential bonuses, along with several additional benefits.

Here is what we learned.

Philip Rivers’ Salary: $18.25 Million Over Five Years

Rivers will earn $3.25 million in 2027, broken down into two components:

A…