Remember When We Had an AD Who Shot for the Biggest Name Possible?

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put out a less retarded contract!

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why is this contract less retarded?

Hiring the winnigest coach in notre dame history away from them who had multiple trips to the national title game or playoffs is a big fricking name

People would have said that is impossible before being done. Taking an ole Miss coach isn’t really rare

7 years and 10 years is a big difference.



Not when it’s for 13 million a year versus 9.5.

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7 years and 10 years is a big difference.

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If we fire Kiffin after 4 seasons like we did Kelly it will cost us 39 million in buyout bs 54 million

I guess it’s better but doesn’t seem like that big a deal really one way or the other

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7 years and 10 years is a big difference.

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Kiffin:
$91 million over 7 years ($13m/year)
Buyout at 80% remaining contract value
Total guaranteed: $72.8 million ($10.4m/year)
No duty to mitigate/offset provisions

Kelly:
$95 million over 10 years ($9.5m/year)
Buyout at 90% remaining contract value
Total guaranteed: $85.5 million ($8.6m/year)
Duty to mitigate, buyout offset by future earnings

Kelly’s initial contract guarantee was $13 million more than Kiffin’s, but over an extra 3 year duration. Kelly’s buyout is offset by future earnings while Kiffin’s is not.

We don’t know how the annual salary is structured under Kiffin’s contract. For example - Kelly’s contract was somewhat backloaded with his pay increasing each year. But we can run some numbers based on average salary for comparison.

Using average salaries, firing Kelly after year 4 would mean:
- $38.0 million spent to-date
- $51.3 million owed (offset by future earnings)
Total: between $38.0-89.3 million

By the same metric, firing Kiffin after year 4 would mean:
- $52.0 million spent to-date
- $31.2 million owed (with no offsets)
Total: $83.2 million

There’s not really any objective basis for arguing Kiffin’s contract is any better than Kelly’s. At least not with the information available today.

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Besides this contract being 7 years and not 10, what else is better about it?

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That's kinda a big deal