Report: Panthers sign Ron Rivera to two-year extension worth $15.5 million

By Jesse Reed

The Carolina Panthers are happy with the job Ron Rivera has done coaching the team and rewarded him with a two-year extension, NFL Network’s Tiffany Blackmon reported Saturday morning. Per Blackmon, the two-year extension is worth $15.5 million, which is a pretty penny unless your name is Jon Gruden.

Carolina finished the 2017 season with a 11-5 record, good for a wild-card berth. The Panthers will take on the New Orleans Saints on Sunday for the right to continue competing in the playoffs.

Since Rivera took over for John Fox in 2011, the Panthers have gone 64-47-1 during the regular season, earning four playoff berths while going 3-3 in the postseason. Of course, they also earned one trip to the Super Bowl where they were beat by Peyton Manning and the Denver Broncos following the 2015 season.