Source: Rhule still looking for $5M from Panthers

CHARLOTTE, N.C.– Former Carolina Panthers coach Matt Rhule has submitted an arbitration suit versus the team seeking about $5 million in balanced out severance compensation, according to a source with understanding of the suit.Rhule, now the head coach at Nebraska, is seeking cash he thinks the Panthers still owe him after he was fired Oct. 10, the source stated. Rhule was hired as Nebraska coach in late November.Rhule employed New york city City employment lawyer John Singer of Vocalist Deutsch LLP to file the grievance with the NFL, which likely will choose how the arbitration is managed. Jay Morakis of M Group Strategic Communications, which works with the legal group, declined to comment.Editor’s Picks 2 Related A Panthers spokesperson also decreased to comment.CBS Sports initially reported on the lawsuit, which was filed last week.Rhule was fired 5 weeks into the 2022 season with an 11-27 general record in two-plus seasons after signing a seven-year,$ 62 million

deal in January 2020. After the introduction of Frank Reich as the Panthers’ new coach Tuesday, group owner David Tepper stated he slipped up in working with a”CEO-type head coach”in Rhule.Rhule was owed roughly$34 million by the Panthers after his dismissal. He received a reported eight-year,$ 72 million deal with Nebraska that balance out the majority of

that.The match, according to the source, does not particularly mention the precise amount of cash being disputed by the group. However the source said the approximate amount is $5 million based upon the contract terms.