LSU's New Coach Deal: Big Money and Unusual Perks
LSU has secured Lane Kiffin with a massive contract worth $13 million annually, surpassing Brian Kelly's earnings. The deal spans seven years, extending until 2032.
Key Contract Highlights
Buyout Clause: If LSU terminates Kiffin without cause, they must pay 80% of his remaining salary. For instance, firing him post-2026 would cost $62.4 million, exceeding Kelly's $54 million buyout. Unlike Kelly, Kiffin's buyout does not require him to find another job.
Governor's Stance: Louisiana Governor Jeff Landry previously criticized LSU's large contracts, pledging no repetition. However, LSU proceeded with a larger deal for Kiffin, approved after Landry's discussions with Kiffin during the hiring process.
- Unique Clause: If Ole Miss, Kiffin's former team, achieves success in the College Football Playoff, LSU will pay Kiffin the bonuses he would have earned there. This includes:
- $150,000 for an appearance
Up to $1 million for winning the national title
Escalator Clause: Winning a national title at LSU makes Kiffin the highest-paid coach in the sport. This clause can be used only once.
Departure Buyout: If Kiffin leaves for another job, his buyout starts at $7 million until the end of 2026, decreasing by $1 million or more each subsequent year.
