LSU Fires Kelly in 4th Season of His 10-Year, $100M Deal
LSU is negotiating one of college football's largest buyouts after firing Brian Kelly amid unsatisfactory team performance in his fourth year of a $100 million contract.
- Earlier this month, LSU fired Brian Kelly in his fourth season of a 10-year, $100 million contract and is negotiating a buyout that could cost the school $54 million.
- After a 49-25 loss to Texas A&M, Scott Woodward, LSU athletic director, said Kelly's required success 'did not materialize' and contract attorney Roy Maughan Jr. called the dismissal 'inevitable.'
- The contract lets LSU spread payments in monthly installments of $800,000 and includes offset and job-search clauses that could reduce LSU's obligation if Kelly is hired elsewhere, Maughan explained.
- LSU must now search for a new head coach while negotiating buyout terms, as experts say Kelly's new job likely lowers payout and the next coach will want strong contract guarantees.
- Kelly's buyout pushes season totals to $167.7 million, topping Penn State's James Franklin's $49 million and ranking second behind Jimbo Fisher's $76.8 million at Texas A&M.
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12 Articles
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