Started By
Message
re: Brian Kelly's LSU contract: Six-figure bonuses, two cars, $1.2 million house loan
Posted on 12/1/21 at 11:19 am to BamaGradinTn
Posted on 12/1/21 at 11:19 am to BamaGradinTn
quote:More like a Rosy Finch Boyz clause.
So...a Gene Chizik clause?
So, hypothetically speaking, if Kelly's career follows Eaux's trajectory (NC in year 3 followed by collapse to mediocrity in years 4-5 and termination without cause), they would pay him (assuming $50,000 annual raise no matter what):
2022: $ 9,500.000 (base + bowl bonus)
2023: 10,050,000 (base + bowl bonus + longevity bonus)
2024: 10,850,000 (base + bowl bonus + longevity bonus + SECC bonus + NC bonus)
2025: 10,400,000 (base + longevity bonus + SECC bonus + NC bonus) *assuming no bowl
2026: 10,950,000 (base + bowl bonus + longevity bonus + SECC bonus + NC bonus)
Buyout at end of 2026 season: $ 47,000,000 plus prorated longevity bonus - no idea what that would be
So, if Kelly is as successful as Eaux, LSU is on the hook for at least $98,750,000. And that's if the 'permanent' bonuses for winning an SECC and NC in year 3 are not factored into the buyout (if they were, it would add another $3,750,000 to that figure).
Just damn.
This post was edited on 12/1/21 at 11:21 am
Popular
Back to top
Follow SECRant for SEC Football News