Nebraska’s Matt Rhule reveals eye-popping cost for ‘good quarterback’ in transfer portal

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Matt Rhule is back coaching college football and things have changed since he left for the NFL following the 2019 season. 

Name, Image and Likeness, coupled with the transfer portal, has changed the sport significantly, as players are now free to find a new landing spot after the season. 

Head coach Kirk Ferentz of the Iowa Hawkeyes and Cornhuskers head coach Matt Rhule meet on the field before their game at Memorial Stadium on Nov. 24, 2023, in Lincoln, Nebraska. (Steven Branscombe/Getty Images)

In just the past few days, multiple quarterbacks have reportedly entered the portal, including Miami’s Tyler Van Dyke, Duke’s Riley Leonard, Kansas State’s Will Howard and Coastal Carolina’s Grayson McCall. 

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In Rhule’s first year at Nebraska, three quarterbacks made at least five appearances during the season, according to ESPN. 

At a press conference on Wednesday, Rhule was asked whether he needed to go into the transfer portal for a quarterback, and Rhule made it clear what that would require. 

"Make no mistake that a good quarterback in the portal costs a million to $1.5 million to $2 million right now," Rhule told reporters. "Just so we’re on the same page. Let’s make sure we all understand what’s happening. There’s some teams that have $6 or $7 million players playing for them." 

Rhule added that Nebraska will certainly take a look at the transfer portal, but the player would have to meet a certain set of requirements. 

Nebraska Cornhuskers head coach Matt Rhule questions the officiating during the Michigan State Spartans game on Nov. 4, 2023,