Report: Ron Rivera gets two-year extension from Panthers

The Carolina Panthers are keeping head coach Ron Rivera for the foreseeable future.

According to reports on Saturday, the Panthers have finalized a two-year extension with Rivera for roughly $15.5 million.

#panthers source tells me coach Ron Rivera’s contract extension is a done deal.

— Tiffany Blackmon (@tiffblackmon) January 6, 2018

There you go. 2-year extension, $15.5M. Well-deserved for Rivera. https://t.co/JWKmQL1RlM

— Ian Rapoport (@RapSheet) January 6, 2018

Rivera is 64-47-1 over his seven seasons with the franchise. The 2017 season marks their fourth playoff appearance under Rivera during that time.

The extension would keep Rivera in the organization until 2020. It’s no guarantee of job security, especially with the team up for sale, but it is at least a gesture of stability for a coach who has had a very successful run in Carolina.