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

Carolina Panthers close to new deal for coach Ron Rivera, according to sources

- Seeking stability amid an uncertain future, the Carolina Panthers signed coach Ron Rivera to a two-year contract extension on Saturday.

During a period of uncertainty in Carolina, the Panthers have made things a little more certain. In seven seasons as coach, Rivera, a two-time coach of the year (2013 and 2015) has led the Panthers to a Super Bowl berth, an NFC championship and three NFC South titles.

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Rivera's old deal was set to expire after the 2018 season, but he would have been coveted this offseason in a market with six head coach openings.

Rapoport also reported Rivera's extension would be the first significant move for new Panthers chief operating officer Tina Becker, who took over day-to-day operations of the franchise December 18. And I really appreciate the support we've gotten from our fans in the Carolinas. Rivera already has 67 wins and with a road game in New Orleans will pass Fox with his fourth playoff appearance.

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He went on to lead the Tampa Bay Buccaneers to a Super Bowl championship in 2002, beating the Raiders in the title game. Del Rio finished his stint in Oakland with 25-23 regular-season record. "It's tough", cornerback Sean Smith said.

Becker was promoted to COO after owner Jerry Richardson said he would sell the team in the wake of allegations of workplace misconduct. It's unclear if the new owners will keep the team in Charlotte.

On the field, the Panthers have been fairly consistent outside of a disappointing 6-10 season a year ago.

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Carolina's offense has been one of the most effective running the ball in Rivera's tenure, finishing in the top 10 in the National Football League in rushing yards per game in six of the past seven seasons, including a fourth-place finish (131.4-yards/game) this season. The Chicago Bears, for whom Rivera both played and coached, are among the teams searching.

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