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- Thread starter ScriptOhio
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ScriptOhio
Everybody is somebody else's weirdo.
LSU formally acts to fire Kelly in response to suit
The LSU board of supervisors authorized new university president Wade Rousse to send former Tigers football coach Brian Kelly a formal notice of termination during a meeting on Friday, according to The Advocate in Baton Rouge.www.espn.com
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Nutriaitch
Retired Super Hero
finally got one up that we both have full access to and is dedicated just to the podcasts and shorts.
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ScriptOhio
Everybody is somebody else's weirdo.
LSU to pay Kiffin based on Ole Miss' CFP success
Lane Kiffin's contract with LSU includes the unique clause that he will receive a bonus payment equal to the amount had he coached Ole Miss in the College Football Playoff.
LSU to pay bonus to Lane Kiffin based on Ole Miss' CFP success
Lane Kiffin's contract with LSU includes the unique clause that he will receive a payment equal to the amount he would have earned for coaching Ole Miss in the upcoming College Football Playoff, according to a term sheet obtained by ESPN on Monday.Kiffin, who agreed to a seven-year contract with LSU on Sunday that will pay him $13 million annually, will receive the same CFP bonus from LSU that he would have if he had remained with Ole Miss through this postseason. That begins at $150,000 for the Rebels' participation in a first-round CFP game, increases to $250,000 for participation in a quarterfinal and tops out at $1 million if Ole Miss wins the national championship.
Kiffin had hoped to coach the Rebels (11-1) through their first CFP appearance, but Ole Miss opted for a clean break and promoted defensive coordinator Pete Golding to head coach Sunday.
Kiffin will be owed the CFP bonus payments from LSU within 30 days after the Rebels' season ends, according to the term sheet, which Kiffin and LSU officials signed Saturday.
Another notable clause calls for Kiffin to become the nation's highest-paid coach if LSU wins a national championship during his term as coach. The escalator would occur only once during Kiffin's term with LSU, on the date the team wins a national title.
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Clown bonus clauses in an eight figure employment contract. I find it hard to believe these people are capable of dressing themselves in the morning. This is like a basement wedding between five-year-olds.LSU to pay Kiffin based on Ole Miss' CFP success
Lane Kiffin's contract with LSU includes the unique clause that he will receive a bonus payment equal to the amount had he coached Ole Miss in the College Football Playoff.LSU to pay bonus to Lane Kiffin based on Ole Miss' CFP success
Lane Kiffin's contract with LSU includes the unique clause that he will receive a payment equal to the amount he would have earned for coaching Ole Miss in the upcoming College Football Playoff, according to a term sheet obtained by ESPN on Monday.
Kiffin, who agreed to a seven-year contract with LSU on Sunday that will pay him $13 million annually, will receive the same CFP bonus from LSU that he would have if he had remained with Ole Miss through this postseason. That begins at $150,000 for the Rebels' participation in a first-round CFP game, increases to $250,000 for participation in a quarterfinal and tops out at $1 million if Ole Miss wins the national championship.
Kiffin had hoped to coach the Rebels (11-1) through their first CFP appearance, but Ole Miss opted for a clean break and promoted defensive coordinator Pete Golding to head coach Sunday.
Kiffin will be owed the CFP bonus payments from LSU within 30 days after the Rebels' season ends, according to the term sheet, which Kiffin and LSU officials signed Saturday.
Another notable clause calls for Kiffin to become the nation's highest-paid coach if LSU wins a national championship during his term as coach. The escalator would occur only once during Kiffin's term with LSU, on the date the team wins a national title.
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