For Kelly at LSU. Released by LSU not media speculation.
LSU shared in their official release that Kelly's deal is for 10-years and worth $95 million, before incentives kick in. With his $500k annual retention bonuses, Kelly's deal is actually worth $100 million...and assuming he makes a bowl game every year that takes the base value to $105 million*.
Additional details of his contract were shared this evening, and Ross Dellenger and Brody Miller were on the beat to share them.
Incentives for the contract include:
LSU, who has fired their last two head coaches after they'd led them to national titles, would owe Kelly 100% of his remaining salary if they were to fire him after he brought a national title back to Baton Rouge. If they were to fire him for cause, they would owe him 90% of his remaining salary.
If Kelly were to terminate his employment while Scott Woodward is still in place as the athletic director, he would owe:
LSU shared in their official release that Kelly's deal is for 10-years and worth $95 million, before incentives kick in. With his $500k annual retention bonuses, Kelly's deal is actually worth $100 million...and assuming he makes a bowl game every year that takes the base value to $105 million*.
Additional details of his contract were shared this evening, and Ross Dellenger and Brody Miller were on the beat to share them.
Incentives for the contract include:
- $75k for playing in the SEC title game
- $150k for winning SEC championship
- $500k for becoming bowl eligible*
- $100k for making a New Years Six Bowl
- $200k for making the CFP Semifinal
- $300k for making the College Football Finals
- $500k for winning the college
- $50k for SEC Coach of the Year
- $75k for National Coach of the Year honors
LSU, who has fired their last two head coaches after they'd led them to national titles, would owe Kelly 100% of his remaining salary if they were to fire him after he brought a national title back to Baton Rouge. If they were to fire him for cause, they would owe him 90% of his remaining salary.
If Kelly were to terminate his employment while Scott Woodward is still in place as the athletic director, he would owe:
- $4 million in the first year of the deal
- $3 million in year two
- $2 million in years three through the end of the contract
