Philip Rivers’ introductory press conference set for Monday

NC State made it official today that Philip Rivers will be the football program’s next head coach, and he will be introduced on Monday afternoon at 1:30 p.m. ET. ACC Network will carry the press conference live.

Rivers’ deal with NC State is reportedly worth $3.25 million annually over five seasons, and the buyout is his salary multiplied by the number of years remaining on his deal. This part of the risk, at least, is relatively inexpensive.

From NC State’s press release:

“I am humbled and honored to be the next head football coach at NC State University,” Rivers said. “In many ways, I feel like I’m coming home. This is where it all began for me as an 18-year-old kid from Alabama, and now to…