A guy named The Amazing Daniel on Dean3 had a good post about all this Rhule/Panthers contract mumbo jumbo that made me feel slightly more hopeful:
"I'm not a contract expert nor am I an attorney. I have experience being on both ends of contracts involving employment, business, entertainment, etc.
The main thing about the claim that flags it as ridiculous, is this idea that there's anything vague about the money. If there is a "fair market value" clause in the contract (keep in mind, we have no idea if it's worded that way because we have not seen the contract), it is not left open for interpretation. There will be a section declaring what fair market value is and/or how it is to be determined. It certainly is not going to be on par with coaches who have won multiple national championships. On no planet would a contract like that leave the determination of fair market value up to one side to just determine, certainly not the side who owes the payout. Contracts aren't vague about money and how payout amounts are determined, especially not multi million dollar contracts.
The arbitration or legal piece would come into play if the Panthers tried to not pay, and then you'd be litigating breach of contract and potentially a much higher payout, not just going to court to enforce the existing contract. You could conceivably have a case where if we tried to pay him $25k and the argument was made that he wasn't acting in good faith, but that's not a slam dunk (unless there's a minimum written into the contract).
It's a fun thought that we could pay him $1-2 mil for the first 4 years and put the rest to assistants, and then bump him up in year 5. But Turd has a coaching budget, and I don't think he's trying to get cute like that if it's gong to eff up the chances. Just my thought, not based on any concrete facts.
Someone had a sensible theory on why we/Rhule's agent might negotiate with Carolina: Offer them to reduce their payout from $40 mil to $25 mil, We pay Rhule $7 mil per year, so over the next 4 years he makes $53 mil instead of $40, we pay what were were going to pay, and the Panthers pay less than they were going to pay. Something that benefits everyone - that's the only way contracts get altered.
I can tell you NOBODy is paying Matt Rhule like $15 mil to coach.
So, the TL;DNR version? They might have been close, they might have been negotiating, the Panthers might have been in the conversation - but all of that is all based on rumor and speculation.
I guess my point is technically speculation, because I haven't seen the contract either. But a former employer trying to prevent a fired employee from working? That's something that there are laws in place for. One side just getting to decide that market value=the top end of the current pay scale? There is no way that happened."