posted on Jun, 3 2004 @ 02:46 PM
CHARLOTTE, N.C. -- John Fox signed a three-year contract extension with the Carolina Panthers on Thursday after leading the team to the Super Bowl in
his second year as its head coach.
Fox's agent Bob Lamonte said the final two years of the coach's original four-year, $4 million contract were essentially torn up and replaced by a new
five-year deal that runs through the 2008 season.
"The man that we thought was going to lead us in the right direction has proven to be the right guy," Panthers team president Mark Richardson said of
Fox, who is 21-15 record in his first two years as head coach.
Financial terms of the new deal were not released.
Last year, Fox joined Vince Lombardi and Bill Parcells as the only coaches in league history to take a team from a one-win season to the playoffs in
just two years. The Panthers lost to the New England Patriots 32-29 on a last second field goal by Adam Vinatieri in the Super Bowl in February.
"I think it was a very, very gracious gesture by the Richardson family," Fox said. "It was something that didn't have to be done."