{"id":54924,"date":"2023-02-01T21:39:05","date_gmt":"2023-02-02T02:39:05","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/ex-panthers-coach-matt-rhule-files-5m-lawsuit-in-severance-pay-dispute-report-54924"},"modified":"2023-02-01T21:39:05","modified_gmt":"2023-02-02T02:39:05","slug":"ex-panthers-coach-matt-rhule-files-5m-lawsuit-in-severance-pay-dispute-report","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/ex-panthers-coach-matt-rhule-files-5m-lawsuit-in-severance-pay-dispute-report-54924","title":{"rendered":"Ex-Panthers coach Matt Rhule files $5M lawsuit in severance pay dispute: report"},"content":{"rendered":"
\n

Former Carolina Panthers<\/a> head coach Matt Rhule has taken legal action over a compensation dispute, a report from The Associated Press revealed.<\/p>\n

The arbitration suit with the NFL<\/a> is seeking around $5 million in “offset severance compensation,” a source told the AP. CBS Sports was first to report the suit.<\/p>\n

Rhule was relieved of his duties in October, one day after the Panthers were defeated by the 49ers to drop to 1-4.\u00a0<\/p>\n

CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM<\/u><\/strong><\/a><\/p>\n

The current Nebraska football<\/a> head coach has reportedly retained the services of high-profile litigator John Singer of Singer Deutsch LLP to handle the lawsuit.<\/p>\n

A spokesperson for the Panthers did not provide a comment about the situation.\u00a0<\/p>\n

BUCCANEERS ORGANIZATION THANKS TOM BRADY FOLLOWING RETIREMENT ANNOUNCEMENT: \u2018LEGACY IS UNMATCHED\u2019<\/strong>\u00a0<\/a><\/p>\n

Rhule spent less than three years with Carolina despite signing a seven-year, $62 million contract. At the time of his firing, it was believed that Rhule was owed approximately $34 million.<\/p>\n

Several weeks after his departure, Rhule returned to the college football ranks<\/a> and accepted the head coaching job at Nebraska. The program offered the 45-year-old coach an eight-year, $72 million contract, NFL insider Ian Rapoport previously reported.<\/p>\n

TOM BRADY ANNOUNCES HE’S ‘RETIRING FOR GOOD’<\/strong><\/a><\/p>\n

The contact was believed to possibly offset what Panther’s owner David Tepper would be responsible for paying him. However, the arbitration suit alleges the Panthers still owe him about $5 million because of how the contract with Carolina was structured.<\/p>\n

Earlier this week, the Panthers announced Rhule’s successor, Frank Reich<\/a>. Carolina formally introduced Reich at a news conference Tuesday.\u00a0<\/p>\n

Tepper acknowledged he made a “mistake” hiring Rhule, whom he described as a “CEO-type head coach.” Tepper added that it is “preferable to have a coach that is really extraordinary on one side of the ball or the other side of the ball.”<\/p>\n

“Listen, I\u2019ll self-admit, we could have run a better process last time,” Tepper said. “And I am learning. … With all humility, I could have done better, OK? I\u2019m not saying that Rhule wasn\u2019t a good coach. I\u2019m not saying that. Please don\u2019t interpret it that way. I\u2019m saying I could have run a better process last time. I do believe that. I think this time we were very thorough. I was in every single interview.”<\/p>\n

The Associated Press contributed to this report.<\/i><\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/sports\/ex-panthers-coach-matt-rhule-files-5-lawsuit-against-former-team-for-severance-compensation <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Former Carolina Panthers head coach Matt Rhule has taken legal action over a compensation dispute, a report from The Associated Press revealed. The arbitration suit […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-54924","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\nEx-Panthers coach Matt Rhule files $5M lawsuit in severance pay dispute: report - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/ex-panthers-coach-matt-rhule-files-5m-lawsuit-in-severance-pay-dispute-report-54924\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ex-Panthers coach Matt Rhule files $5M lawsuit in severance pay dispute: report - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Former Carolina Panthers head coach Matt Rhule has taken legal action over a compensation dispute, a report from The Associated Press revealed. 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