Breauxfessor

Poor. You should be sipping on that purple top Willett, eagle rare 17, or Russell 15. Poor.

That's true. Forgot about the new legislation. 3%.

Come on. Berwick is a fine town. I still hold the receiving ypc record at BHS.

Lock!

I want some of what you're smoking.

I have first hand knowledge that his Freshwater alter ego is active. As of last week.

He’d recruit well and win enough to keep his job long term. And, he would be so much fun. Please let it be him.

AI summary of contract

Parties Involved
The contract is between the Board of Supervisors of Louisiana State University and Agricultural and Mechanical College (“LSU”), represented by its President William F. Tate IV, Brian Kelly (“Employee”), and Brian Kelly Football LLC (“Company”) for the services of Employee. 1
Position and Term
• Position: Head Coach of the Intercollegiate Football Program at LSU (“Team”).
• Start Date: November 28, 2021.
• Term: 10 years, ending after the post-season games of the 2031-2032 season (through the 2031 season overall), unless terminated earlier. The term is divided into annual “Contract Years” from January 1 to December 31. 3
Compensation
• Base Salary: $400,000 annually, paid in 12 equal monthly installments.
• Supplemental Compensation: Paid according to Schedule A, primarily from affiliated foundation funds. This forms the bulk of the total pay, contributing to an overall compensation starting at approximately $9 million in the first year and increasing incrementally to $10 million by 2031, for a total contract value of $95 million over 10 years. 7 Breakdown includes media appearances (e.g., $3.1 million in 2022) and apparel deals (e.g., $100,000). 6
• Incentive Compensation: Post-season bonuses for achievements such as bowl game participation, SEC championship, College Football Playoff appearances/wins, and national championship. Potential incentives up to $1.1 million annually based on performance milestones. 8
• Retirement and Fringe Benefits: Eligible for LSU employee benefits, including retirement contributions (based on “earned compensation” excluding certain funds), health insurance, and life insurance. Additional perks include a $1.2 million interest-free home loan, two courtesy cars, family country club membership, 20 hours of private jet use annually, and $100,000 relocation assistance. 7
• Additional Revenue: Opportunities for income from sports camps, clinics, and endorsements (subject to NCAA Bylaw 11.3.2 and PM-11 approval), but no compensation for routine media interviews.
Duties and Responsibilities
Employee must:
• Administer, manage, and lead the Program professionally, ensuring compliance with NCAA, SEC, and LSU rules.
• Hire/fire staff with approval, perform assigned duties, promote academic and athletic success.
• Direct team operations, manage budget/staff, report violations, comply with Title IX (including sexual misconduct reporting).
• Cooperate in investigations, promote institutional control, cultivate relationships with stakeholders (e.g., alumni, media).
• Use reasonable efforts to ensure student-athletes graduate and maintain high moral/ethical standards.
• Other reasonable duties as assigned by the Athletics Director.
Termination and Buyouts
• By LSU for Cause: No further compensation or benefits if terminated for reasons like material violations of rules, fraud, misconduct (e.g., gambling, substance abuse), failure to report issues, or criminal acts. Cause includes detailed definitions such as committing fraud, violating regulations, or engaging in moral turpitude.
• By LSU Without Cause: LSU pays 90% of remaining Base Salary and Supplemental Compensation (100% if after a national championship), in monthly installments, offset by any new earnings by Employee. Total potential buyout could approach $70-80 million depending on timing, but mitigated by future income. 4
• By Employee Without Cause: Employee pays LSU liquidated damages: $4 million if in the first year, decreasing over time (e.g., $2 million after year 3, $0 after year 5). 4
• By Employee for Cause: If LSU commits material violations, Employee can terminate and receive the without-cause buyout from LSU.
• Other Termination: Automatic termination upon death or disability (with 90 days’ pay continuation); mutual agreement possible.
• Suspension: LSU can suspend Employee with/without pay for up to 120 days for disciplinary reasons, potentially leading to termination.
Other Important Provisions
• IP License: Employee/Company grants LSU rights to use Employee’s name/image for promotion.
• Additional Revenue and Compliance: Strict rules on outside income, requiring approval; must comply with PM-11 for additional revenue.
• Leave and Overtime: No annual leave accrual due to job nature; no overtime.
• Retention of Materials: Upon termination, return all LSU property/records.
• Governing Law: Louisiana law applies; includes cooperation in investigations and non-disparagement clauses.
• Sports Camps: Can operate camps subject to LSU rules, but no university guarantee.

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Post less idiot.