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Buyout details…54M due to BK no obligation to pay other staff

Posted on 10/26/25 at 10:18 am
Posted by sidewalkside
rent free in yo head
Member since Sep 2021
4157 posts
Posted on 10/26/25 at 10:18 am
If we fire BK LSU owes approx 54 mill paid through 2031. Approx 9 mill a year.

BK has a “duty to mitigate” so he must at least appear to be searching for another job in good faith. (Could be a possible legal “out” of paying but not likely)

Assistant coaches “may” get ZERO $ of BK is fired. They all singed terms that if BK is no longer coach the university is under no obligation to pay them out the remained of their contracts.

So you have to assume a new coach will demand close to 10 mill a year plus we’ll have to pay out 9 mill a year to BK until 2031.

Can LSU afford a near 20 mill a year head coach budget?
Posted by BearCrocs
Member since Aug 2013
7905 posts
Posted on 10/26/25 at 10:20 am to
quote:

new coach will demand close to 10 mill a year


Depends who it is. Elko makes $7M

Jeff Brohm makes $6M

Brent Key makes $4.5



Posted by sidewalkside
rent free in yo head
Member since Sep 2021
4157 posts
Posted on 10/26/25 at 10:21 am to
quote:

Depends who it is. Elko makes $7M Jeff Brohm makes $6M Brent Key makes $4.5
Kiffin ain’t taking the job for less than 10 mill.
Posted by Thebuzz
Member since Sep 2021
108 posts
Posted on 10/26/25 at 10:28 am to
Assuming the Advocate article on the buyout is accurate, LSU would owe 90% of the remaining contract over the next 6 years. LSU’s athletic budget is $220,000,000. That means the real question is what the opportunity cost would be for spending 5% of your annual athletic budget.
Posted by BearCrocs
Member since Aug 2013
7905 posts
Posted on 10/26/25 at 10:28 am to
quote:

Kiffin ain’t taking the job for less than 10 mill


He isn't taking any job for less than $15M.

He can write his own check right now
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
41773 posts
Posted on 10/26/25 at 10:32 am to
quote:

Brent Key makes $4.5




Yes please.
Posted by Meauxjeaux
102836 posts including my alters
Member since Jun 2005
45520 posts
Posted on 10/26/25 at 10:34 am to
Kiffin would be a terrible hire.
Posted by GeauxTigersLee
Atlanta
Member since Sep 2010
4677 posts
Posted on 10/26/25 at 10:36 am to
quote:

Brent Key
Highly doubt he leaves Tech
Posted by Olric
New Orleans
Member since Jul 2015
2122 posts
Posted on 10/26/25 at 10:37 am to
Remove the mitigation language in return for a reduced lump sum buyout allowing kelly to double dip. Win-win
Posted by FireawayLSU
Baton Rouge
Member since Nov 2023
1591 posts
Posted on 10/26/25 at 10:37 am to
quote:

Kiffin ain’t taking the job for less than 10 mill.


The boards obsession with Saban and Kiffin is astonishingly stupid.
Saban isn’t coming back and did nothing the last few years he waaa at bama. Hell Kelly beat him
Kiffin just won his FIRST road game against a ranked team in FOUR YEARS.

Jesus Christ can we move on
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
41773 posts
Posted on 10/26/25 at 10:37 am to
quote:

quote:

Brent Key

Highly doubt he leaves Tech



I still want him
Posted by Lakeboy7
New Orleans
Member since Jul 2011
27933 posts
Posted on 10/26/25 at 10:38 am to
quote:

They all singed terms that if BK is no longer coach the university is under no obligation to pay them out the remained of their contracts.


Man thats great.

Can you link those provisions. That doesnt pass the sniff test.
Posted by armytiger33
Vestavia Hills, Alabama
Member since Jan 2010
624 posts
Posted on 10/26/25 at 10:41 am to
The other option is not having anyone show up to games
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