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Philip Rivers’ NC State head coach contract has been revealed
IMAGN IMAGES via Reuters Connect

Philip Rivers has officially been named the new head coach at NC State, and the terms of his contract have been revealed.

Rivers is getting a five-year deal from NC State, according to Cory Smith of 247 Sports. While terms of the deal have not been publicly released, Rivers will make an annual salary of $3.25 million per year.

Rivers’ salary puts him close to the middle in terms of what college football coaches make. It is lower than what NC State was paying his predecessor Dave Doeren, as Doeren was making about $5.75 million annually.

Rivers, of course, is not really taking the job for financial reasons. The former NC State star is motivated to make his program nationally relevant again, and he admitted during the hiring process that it would be hard to turn the Wolfpack down if they came calling.

Though Rivers has no college coaching experience, he has been successful at the high school level in Alabama. If he is successful, he will presumably earn himself a new deal with a significant raise pretty quickly.

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