- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Mitigation clause in Kelly's contract
Posted on 10/28/25 at 10:54 am
Posted on 10/28/25 at 10:54 am
So let me get this straight, let us say another NCAA school could hire Kelly as an HC and pay him a $100,000 a year. In such a case
[A] We would still have to $9,400,000 a year.
Or
[B] Is it if he gets a job, irrespective of salary, we are off the hook for the buyout.
I think it is [A] and in that case he is a very, very good and inexpensive hire for a mid major. The mid major could pay him a token sum. He would still get paid $9.5 million overall, and the mid major could use the 2-3 million they would have paid for an HC on NIL.
This would be like building the wall and making Mexico pay for it.
[A] We would still have to $9,400,000 a year.
Or
[B] Is it if he gets a job, irrespective of salary, we are off the hook for the buyout.
I think it is [A] and in that case he is a very, very good and inexpensive hire for a mid major. The mid major could pay him a token sum. He would still get paid $9.5 million overall, and the mid major could use the 2-3 million they would have paid for an HC on NIL.
This would be like building the wall and making Mexico pay for it.
This post was edited on 10/28/25 at 10:55 am
19
Posted on 10/28/25 at 10:56 am to mike4lsu
A.
Its the difference of what he makes at his new school or job and what he would have made at LSU.
Its the difference of what he makes at his new school or job and what he would have made at LSU.
Posted on 10/28/25 at 10:56 am to mike4lsu
We are off the hook for anything he gets paid by his new employer
Posted on 10/28/25 at 10:57 am to mike4lsu
quote:
I think it is [A] and in that case he is a very, very good and inexpensive hire for a mid major. The mid major could pay him a token sum. He would still get paid $9.5 million overall, and the mid major could use the 2-3 million they pay and HC for NIL.
This would be like building the wall and making Mexico pay for it.
I really don't know how that works but if you try something similar in FC, i.e., intentionally make it appear that "this is the best I can do," in order to decrease alimony/cs, the judges really frown on that
Posted on 10/28/25 at 10:57 am to mike4lsu
The amount of what's owed to him currently by LSU would be lessened by whatever he makes at a new job. It doesn't totally relieve the buyout completely, it just mitigates/lessens it.
This post was edited on 10/28/25 at 11:00 am
Posted on 10/28/25 at 10:59 am to mike4lsu
I doubt he ever coaches again
Posted on 10/28/25 at 11:00 am to jasonbr1975
So Kelly could make us pay him a salary while he coaches a competitor.
Posted on 10/28/25 at 11:00 am to mike4lsu
quote:The other school would have to pay him near fair market value, no judge or arbitrator would allow some phony low salary to leave LSU on the hook. LSU would sue Kelly for the difference and they'd probably negotiate a lump sum buyout to avoid mitigation altogether.
So let me get this straight, let us say another NCAA school could hire Kelly as an HC and pay him a $100,000 a year
This post was edited on 10/28/25 at 11:01 am
Posted on 10/28/25 at 11:01 am to mike4lsu
quote:
So Kelly could make us pay him a salary while he coaches a competitor.
don't you love the business savvy and negotiating skills of our AD??
Posted on 10/28/25 at 11:02 am to 777Tiger
quote:
don't you love the business savvy and negotiating skills of our AD??
Somewhere Joe Alleva is rolling over laughing at us
Posted on 10/28/25 at 11:03 am to 777Tiger
quote:
don't you love the business savvy and negotiating skills of our AD??
Pretty sure all of the top 10-20 coaches contracts are similar.
Posted on 10/28/25 at 11:05 am to notiger1997
quote:
Pretty sure all of the top 10-20 coaches contracts are similar.
oh yeah, I'm sure it is, it's one hell of a flawed system though, and I believe it's because most ADs are outgunned and ill prepared at the negotiating table, throw in the egos of the big money donors that want instant gratification and we get what we're seeing all over the country in big time college athletics
Posted on 10/28/25 at 11:06 am to Bjorn Cyborg
quote:
I doubt he ever coaches again
I won't be surprised if lands up in Arkansas. Arkansas could pay him $100,000 and make us pay the rest while they go over and use the 7 million they normally pay and HC to buy players from Louisiana.
While we pay for their HC....I am liking this a lot less.......
Posted on 10/28/25 at 11:07 am to mike4lsu
quote:
Arkansas could pay him $100,000 and make us pay the rest
No they couldn’t.
Posted on 10/28/25 at 11:07 am to mike4lsu
You think a coach like Kelly would agree to 100k because LSU is paying him ????
Posted on 10/28/25 at 11:07 am to mike4lsu
It is technically A, but you haven’t interpreted it correctly because this situation wouldn’t be allowed in the first place.
He isn’t allowed to intentionally take less than what he is reasonably worth on the market, and other schools can’t treat him like that because of it. He has to make within reason what he would make at his new job even if he wasn’t collecting a buyout check from us. This is all assuming we don’t eventually negotiate a settlement, which I think he will.
I think he’ll want to be done and just take a lump sum with no duty to mitigate and no more lawyers or agents. It’s what I would do unless Penn State or some other school that kinda matters is dumb enough to hire him.
He isn’t allowed to intentionally take less than what he is reasonably worth on the market, and other schools can’t treat him like that because of it. He has to make within reason what he would make at his new job even if he wasn’t collecting a buyout check from us. This is all assuming we don’t eventually negotiate a settlement, which I think he will.
I think he’ll want to be done and just take a lump sum with no duty to mitigate and no more lawyers or agents. It’s what I would do unless Penn State or some other school that kinda matters is dumb enough to hire him.
This post was edited on 10/28/25 at 11:10 am
Posted on 10/28/25 at 11:07 am to Bjorn Cyborg
quote:i wouldnt
doubt he ever coaches again
Posted on 10/28/25 at 11:09 am to dcw7g
quote:
The other school would have to pay him near fair market value, no judge or arbitrator would allow some phony low salary to leave LSU on the hook. LSU would sue Kelly for the difference and they'd probably negotiate a lump sum buyout to avoid mitigation altogether.
This sounds more logical.. Thanks for putting my mind at rest.
Posted on 10/28/25 at 11:09 am to sharkfhin
quote:
doubt he ever coaches again
This mitigation also applies to TV gig/broadcasting/etc. Ie. if he goes on Gameday, CBS sports, etc.
Posted on 10/28/25 at 11:09 am to mike4lsu
quote:
So Kelly could make us pay him a salary while he coaches a competitor.
YES
Page 1 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News