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Report: Carolina Panthers Discuss Contract Extension with Ron Rivera

On Friday, it was reported that the Carolina Panthers had begun discussions for a contract extension with head coach Ron Rivera.

According to Joe Person of The Charlotte Observer, the Carolina Panthers have open discussions with head coach Ron Rivera about a contract extension. The Panthers' coach is coming off his third straight NFC South Division title and helping lead the organization to their second Super Bowl appearance.

Rivera joined the Panthers in 2011 as head coach becoming only the fourth coach in franchise history and replaced John Fox. In five seasons with the Panthers, he has a regular season record of 47-32-1 and has the highest winning percentage among the Panthers' head coaches. However, the three division titles are the most of any coach for the franchise.

As Person writes, Rivera still has two years remaining from his first contract extension, a three-year deal worth $4 million a year, which he signed after winning his first Coach of the Year in 2013.

A coach that has this kind of resume has to be in consideration to earn one of the higher salaries in the league. Sean Meagher of The Oregonian listed the Top 10 salaries for head coach with Seattle Seahawks Pete Carroll the highest with over $8 million a year and Chip Kelly, the newest head coach of the San Francisco 49ers, at a salary of $6 million per year.

For the Panthers to get Rivera into this range, the team would have to expect to offer a raise of at least two million dollars a year. However, for a coach that has lead his team to the playoff three straight years, this certainly seems like a bargain.

Twitter @BrandonCroce.

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