Hawkeye0202
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The reported $15M is apparently incorrect...........but STILL a boatload of $$$$$
https://www.usatoday.com/story/spor...gets-100-million-10-year-deal-lsu/8816093002/
Brian Kelly's 10-year deal with LSU football includes $1.2M loan for residence, eye-popping bonuses
Steve Berkowitz
USA TODAY
LSU’s new football coach, Brian Kelly, is set to receive just over $100 million in basic compensation over 10 years, according to a term sheet USA TODAY Sports received from the school Tuesday night.
The deal – which is subject to a satisfactory background check and approval by the LSU Board of Supervisors – makes Kelly the first coach at a public school with a nine-figure contract.
His pay is categorized as $400,000 in base salary annually, supplemental compensation that begins at an annual rate of $8.6 million, and a $500,000 “longevity” payment that he will receive if he is on the job each July 1. The start date is “no later than” Nov. 28 and the first year ends Dec. 31, 2023.
His basic total of $9.5 million for 2022 will tie him with Michigan State’s Mel Tucker as the second-highest paid public school coach behind Alabama’s Nick Saban, who is set to make $9.9 million. Michigan State disclosed the terms of Tucker’s 10-year, $95 million deal Monday.
https://www.usatoday.com/story/spor...gets-100-million-10-year-deal-lsu/8816093002/
Brian Kelly's 10-year deal with LSU football includes $1.2M loan for residence, eye-popping bonuses
Steve Berkowitz
USA TODAY
LSU’s new football coach, Brian Kelly, is set to receive just over $100 million in basic compensation over 10 years, according to a term sheet USA TODAY Sports received from the school Tuesday night.
The deal – which is subject to a satisfactory background check and approval by the LSU Board of Supervisors – makes Kelly the first coach at a public school with a nine-figure contract.
His pay is categorized as $400,000 in base salary annually, supplemental compensation that begins at an annual rate of $8.6 million, and a $500,000 “longevity” payment that he will receive if he is on the job each July 1. The start date is “no later than” Nov. 28 and the first year ends Dec. 31, 2023.
His basic total of $9.5 million for 2022 will tie him with Michigan State’s Mel Tucker as the second-highest paid public school coach behind Alabama’s Nick Saban, who is set to make $9.9 million. Michigan State disclosed the terms of Tucker’s 10-year, $95 million deal Monday.