Wow on his contract
New #LSU Head Coach Brian Kelly has very interesting clauses in his deal. If he wins a title, firing him would cause an automatic payout of 100% of his remaining salary (LSU has fired Les Miles and Ed Orgeron after winning titles). He gets 90% of it the remaining balance if he’s fired without cause.
His base salary is 10 years/$95M
BONUSES INCLUDE:
75K for the SEC Championship Game OR
$150K for winning it
$500K “Longevity bonus” annually
$500K for being bowl eligible +
$100K for a NY6 Bowl appearance OR
$200K for a Playoff appearance OR
$300K for a National Title appearance OR
$500K for winning it all
$50K for SEC Coach of the year +
$75K for National Coach of the Year
Additional academic achievement bonuses of $25K each
He owes $2M to LSU if he leaves voluntarily
Kelly also receives:
-Two courtesy vehicles and two vehicle allowances of $1,000 a month
-Interest free home loan of 20% of the home price up to $1.2M
-50 hours per year of private jet time on LSU’s jets
#CFB