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Are they paying the full buyout
Posted on 10/26/25 at 7:28 pm
Posted on 10/26/25 at 7:28 pm
Confusion on the buyout.
Are we paying the whole thing?
Are we paying the whole thing?
Posted on 10/26/25 at 7:33 pm to LsufreaK10
quote:
Confusion on the buyout.
Are we paying the whole thing?
LSU is not obligated to pay it all at one time.If Kelly agrees LSU can purchase an annuity that would pay him over whatever period is agreed to by the parties. This would allow him to coach elsewhere without it reducing his payment and remove LSU from the payment equation. It saves LSU money in the long run .
Posted on 10/26/25 at 7:35 pm to LsufreaK10
LSU and Kelly agreed to a $25 million buy out.
Posted on 10/26/25 at 7:36 pm to LsufreaK10
Regardless, it doesn’t have to be paid in full right now. It’s through 2031. Which would make it like 8mill a year if he didn’t leave money on the table
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