Mike Riley has had his contract extended for one more year, and could get another extra year after the season.
Riley, who is 1-1 on the season with a close win over Arkansas State and a loss at Oregon, had his deal extended through 2020 earlier in the year.
School president Hank Bounds revealed the extension on Monday, and added another tidbit about Riley’s future at Nebraska. If things go well this season, he could get an additional bump through 2021.
From The World-Herald:
Nebraska football coach Mike Riley’s contract has been extended by one year through the 2020 season, and NU President Hank Bounds told The World-Herald on Monday evening “I believe we’ll do that again in December.”
“I have great confidence in Mike, to extend his contract to four years,” Bounds said. “I expect us to compete, and I have every confidence that we’ll extend it again in December.”
According to USA Today, Riley is set to make $2.8 million per year with a maximum bonus of $950,000. Bounds told The World-Herald that he is “almost certain” that the extension does not involve a salary increase.
Riley is 16-12 overall at Nebraska. His Huskers went 9-4 last season, with a 6-3 mark in Big Ten play.