Can Miami come close to a deal like this for an elite coach.

Shaudluc

Freshman
Joined
Feb 23, 2018
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398
New #LSU Head Coach Brian Kelly has very interesting clauses in his deal. If he wins a title, firing him would cause an automatic payout of 100% of his remaining salary (LSU has fired Les Miles and Ed Orgeron after winning titles). He gets 90% of it the remaining balance if he’s fired without cause.

His base salary is 10 years/$95M

BONUSES INCLUDE:

75K for the SEC Championship Game OR
$150K for winning it

$500K “Longevity bonus” annually

$500K for being bowl eligible +
$100K for a NY6 Bowl appearance OR
$200K for a Playoff appearance OR
$300K for a National Title appearance OR
$500K for winning it all

$50K for SEC Coach of the year +
$75K for National Coach of the Year

Additional academic achievement bonuses of $25K each

He owes $2M to LSU if he leaves voluntarily

Kelly also receives:
-Two courtesy vehicles and two vehicle allowances of $1,000 a month

-Interest free home loan of 20% of the home price up to $1.2M

-50 hours per year of private jet time on LSU’s jets

#CFB
Mario gonna want close to this.
 
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New #LSU Head Coach Brian Kelly has very interesting clauses in his deal. If he wins a title, firing him would cause an automatic payout of 100% of his remaining salary (LSU has fired Les Miles and Ed Orgeron after winning titles). He gets 90% of it the remaining balance if he’s fired without cause.

His base salary is 10 years/$95M

BONUSES INCLUDE:

75K for the SEC Championship Game OR
$150K for winning it

$500K “Longevity bonus” annually

$500K for being bowl eligible +
$100K for a NY6 Bowl appearance OR
$200K for a Playoff appearance OR
$300K for a National Title appearance OR
$500K for winning it all

$50K for SEC Coach of the year +
$75K for National Coach of the Year

Additional academic achievement bonuses of $25K each

He owes $2M to LSU if he leaves voluntarily

Kelly also receives:
-Two courtesy vehicles and two vehicle allowances of $1,000 a month

-Interest free home loan of 20% of the home price up to $1.2M

-50 hours per year of private jet time on LSU’s jets

#CFB
Mario gonna want close to this.

So basically Kelly is making $10.5M per year, not the $15M per year BS that I've been saying isn't accurate.

So there goes 40 pages.

Miami will be able to put up whatever it takes. But it won't take quite that much. But it will take a lot, which is fine.
 
New #LSU Head Coach Brian Kelly has very interesting clauses in his deal. If he wins a title, firing him would cause an automatic payout of 100% of his remaining salary (LSU has fired Les Miles and Ed Orgeron after winning titles). He gets 90% of it the remaining balance if he’s fired without cause.

His base salary is 10 years/$95M

BONUSES INCLUDE:

75K for the SEC Championship Game OR
$150K for winning it

$500K “Longevity bonus” annually

$500K for being bowl eligible +
$100K for a NY6 Bowl appearance OR
$200K for a Playoff appearance OR
$300K for a National Title appearance OR
$500K for winning it all

$50K for SEC Coach of the year +
$75K for National Coach of the Year

Additional academic achievement bonuses of $25K each

He owes $2M to LSU if he leaves voluntarily

Kelly also receives:
-Two courtesy vehicles and two vehicle allowances of $1,000 a month

-Interest free home loan of 20% of the home price up to $1.2M

-50 hours per year of private jet time on LSU’s jets

#CFB
Mario gonna want close to this.
For a guy who has never won a big game.
 
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500k for bowl eligibility? That might as well be in the base because if he’s not making bowl games he won’t be there long.

It's low hanging fruit to be sure, but protects them against major downside, but also makes the base contract seem a little more reasonable (yes, lol, but yes). Optics.
 
500k for bowl eligibility? That might as well be in the base because if he’s not making bowl games he won’t be there long.

Exactly I was thinking the same... 100k for making a bowl 500k for NY6 bowl game is how it should be

Kudos to his agent for that one
 
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