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BATON ROUGE – Former Notre Dame football head coach Brian Kelly will get lucrative bonuses, a million dollar loan to buy a house in Baton Rouge and take home at least $ 9 million over the course of his first year as a new head football coach at LSU.
Kelly’s contract was released on Tuesday night, hours after LSU officially announced him as the coach to replace Ed Orgeron. WBRZ.com was the first to report contract details.
See Brian Kelly’s contract: CLICK HERE.
Kelly will earn $ 9 million the first year; $ 9.2 million over the next two years and the annual salary increases every two years until he earns $ 10 million in his final year.
The contract includes substantial bounties or championship bonuses, coaching rewards and academic incentives.
His contract also includes a zero-interest loan of up to $ 1.2 million to buy a home within 30 miles of LSU. “LSU, or an affiliated institution” will fund the loan, according to the terms of the contract. The deal includes a penalty if Kelly leaves LSU before the end of her ten-year contract.
The contract includes penalties if LSU fires Kelly, which would cost the college at least 90% of her salary – or as much as the full value of the contract if Kelly wins a national championship and leaves.
Kelly is forced to pay up to a quarter of his annual salary if he leaves early, but only if he leaves while Scott Woodward is LSU’s athletic director. There would be no “damage” if Kelly left and Woodward was not the athletic director at the time.
The contract also includes fifty hours of private flight per year for Kelly’s personal use.
See Brian Kelly’s contract: CLICK HERE.
Post breaking news coverage here
The search is over
Brian Kelly has been named LSU Football’s next coach! pic.twitter.com/AaZBOE2koc
– LSU Football (@LSUfootball) November 30, 2021
Coach Kelly already seemed eager to settle into his new role with LSU.
The epitome of a winner.
The next championship head coach at LSU pic.twitter.com/RCtjdE8V71
– LSU Football (@LSUfootball) November 30, 2021
The 60-year-old Massachusetts native changed his Twitter profile photos and personal information to reflect his ties to Baton Rouge and the LSU Tigers before landing in Baton Rouge on Tuesday afternoon.
Kelly sent a message to his current players at Notre Dame on Monday evening, apologizing for finding out the news of his departure via social media. Kelly reportedly discussed his departure with the team early Tuesday before flying to Louisiana.
Earlier, Brian Kelly sent a message to Notre Dame’s list in Team Works that “I’m going to leave Notre Dame”.
The plan is for Kelly to meet the team tomorrow at 7 a.m.
Here is the full message pic.twitter.com/sqAl2txZIy
– Pete Sampson (@PeteSampson_) November 30, 2021
According to South Bend Tribune, Kelly’s contract with Notre Dame lasted the entire 2024 season.
Kelly’s new contract with LSU spans the 2031 season and pays out $ 100 million over ten years, including incentives. See Brian Kelly’s contract: CLICK HERE.
LSU’s offer to Notre Dame coach Brian Kelly is a 10-year deal that will take him north of $ 100 million with incentives, sources say @BrodyAMiller and me.
– Matt Fortuna (@Matt_Fortuna) November 30, 2021
Fans greeted Coach Kelly and her family when their flight arrived at the BTR Jet Center early Tuesday afternoon.
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