Monday, May 18, 2026

Lane Kiffin’s LSU Deal Includes Huge Buyout With No Offset

After Brian Kelly was fired, Louisiana Gov. Jeff Landry criticized his buyout and vowed the next coach’s contract would be different.

Lane Kiffin
The Clarion-Ledger

After Brian Kelly was fired from LSU, Louisiana Gov. Jeff Landry vowed that the next coach would have a “patently different contract.” 

Lane Kiffin’s contract with LSU is patently different than Kelly’s—but seemingly not in the way Landry originally wanted. Kiffin’s buyout appears to be even larger. And unlike Kelly’s, it’s guaranteed.

Kiffin, who boarded a plane to Baton Rouge after a messy exit from Ole Miss on Sunday, has signed a seven-year, $91 million contract with LSU, according to The Advocate. Only Georgia’s Kirby Smart is known to make more with his 10-year, $130 million contract.

If LSU fires Kiffin without cause—the vast majority of firings, even for poor performance, are without cause—the school would owe Kiffin 80% of his remaining salary. The contract also does not include an offset or “duty to mitigate” clause. That means that Kiffin would not be obligated to find another job, nor would his salary from his new job offset whatever LSU would owe him.

In other words, the school has agreed to pay Kiffin 80% of his contract no matter what. If Kiffin were fired tomorrow, the school would owe him $72 million,with no recourse. If they were to fire him after next season with $78 million left on his contract, he would be owed $62 million. And so on.

LSU has also reportedly agreed to pay Kiffin’s buyout for leaving Ole Miss, which is $3 million.

Kiffin claimed during his introductory press conference that the terms of his gargantuan deal were unknown to him. “I’m telling you right now, I don’t know what my contract is here.”

Kiffin told his agent, CAA’s Jimmy Sexton, to withhold the specific numbers on his contract from him, though Kiffin says was told LSU’s offer was similar to that of at all four schools Kiffin considered. But Kiffin said he did ask Sexton for the numbers on the NIL packages at all four schools. They “were not similar.”

Sexton did not respond to a request for comment sent before the press conference.

The offset and mitigation clauses are common (Brian Kelly had one at LSU) but not universal (Mark Stoops didn’t have one at Kentucky) and can save schools tens of millions of dollars. James Franklin had an almost $50 million buyout at Penn State. But because he had an offset clause, he agreed to take a $9 million lump-sum buyout before taking a new job at Virginia Tech. Texas A&M famously did not have an offset clause for Jimbo Fisher who is owed $75 million from the school while he works as an ACC Network analyst.

After Kelly was fired in October, Gov. Landry went on a press tour criticizing Kelly’s buyout and vowing to ensure that the next contract would be different. (Landry said that the football contracts were coming out of the state budget; they are funded by private donors and athletic department revenues if needed.)  Athletic director Scott Woodward departed in the fallout from Landry’s comments.

“I think that everyone is in agreement… The next coach that we hire is going to have a patently different contract,” Landry told Pat McAfee shortly after Kelly was fired. 

During another interview, he floated the idea of assigning more of the contract toward performance-based compensation, rather than guaranteed money.  Kiffin does have a major incentive in his new contract: a bonus if he wins the national championship that would make him the highest-paid college football coach in history. LSU has also agreed to pay this season’s postseason bonuses in Kiffin’s Mississippi contract.

During Kiffin’s introductory press conference Monday, he said he spoke on the phone with Landry during the hiring process. He described the conversation as “unique” and that Landry exuded “passion and energy.” He added that Landry appeared aligned with the rest of LSU leadership.

Then, on Monday evening, Landry posted on X appearing to give Kiffin—and the LSU administrators who brought him in—his blessing: “I would like to congratulate the great team we have assembled to lead LSU into the future,” Landry wrote. “They have done an outstanding job at recruiting a new head coach!”

Landry’s office did not respond to a request for comment.

Kiffin has been fired several times before. Raiders owner Al Davis called him a “professional liar” when he fired Kiffin in 2008; USC notoriously fired him at an airport after his team hit rock bottom in 2013; Nick Saban fired him as offensive coordinator at Alabama before the national championship game in January 2017.

Meanwhile, LSU has agreed to pay the full $54 million after Kelly filed a lawsuit against the school. LSU will owe Kelly less if he finds another job. 

The athletic department is also still paying off the multimillion-dollar buyout for Kelly’s predecessor, Ed Orgeron.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Oct 25, 2025; Cincinnati, Ohio, USA; Cincinnati Bearcats quarterback Brendan Sorsby walks off the field after defeating the Baylor Bears at Nippert Stadium. Mandatory Credit: Aaron Doster-Imagn Images

Texas Tech QB Sorsby Sues NCAA Seeking Eligibility

If deemed ineligible, Sorsby is eyeing the NFL Supplemental Draft.

Nashville’s New $2.1B Stadium Expected to Land 2030 Super Bowl

Team owners will vote on future Super Bowl and NFL Draft locations.
Dec 12, 2021; Nashville, Tennessee, USA; Jacksonville Jaguars head coach Urban Meyer on the sidelines against the Tennessee Titans during the second half at Nissan Stadium. Mandatory Credit: Steve Roberts-USA TODAY Sports

Jaguars Win $30M Contract Dispute Against Urban Meyer

The Jaguars fired Meyer for cause in 2021.
May 4, 2026; New York, New York, USA; New York Knicks guard Josh Hart (3) controls the ball against Philadelphia 76ers forward/guard Kelly Oubre Jr. (9) during the first quarter of game one of the eastern conference semifinal round of the 2026 NBA Playoffs at Madison Square Garden.

Knicks Ticket Demand Sees MSG Get-In Prices Soar

Resale ticket prices for any potential Finals games at MSG begin at about $2,500.

Featured Today

NFL Rivalries Are Made on the Field, Mocked in Schedule Release Videos

Every year, teams find new ways to one-up themselves (and their rivals).
Bart Swings/Falyn Fonoimoana/Avery Poppinga
May 14, 2026

OnlyFans Is Paying Pro Athletes What Their Sports Won’t

The adult-content platform is a reliable income source for niche athletes.
May 13, 2026

How Sports Graphic Designers Are Grappling With the Rise of AI Art

The release of ChatGPT 2.0 Images sparked a conversation among sports designers.
May 12, 2026

Collectible Cups Are Sending Sports Fans Into a Frenzy

The drink is secondary to the wild vessel it comes in.
Sponsored

Volpe Brings Style to the Bronx

With the New York Yankees & Anthony Volpe, Charles Tyrwhitt is bringing its decades-long playbook to one of sports’ biggest stages.
May 15, 2026

Expanded March Madness Brings ‘Visibility’ to Women’s Game

Still, some coaches worry that mid-majors will be overlooked.
May 15, 2026

3 Hot Topics at ACC Spring Meetings

Jim Phillips talked PE, Duke-Amazon, and CFP expansion.
Sponsored

Volpe Brings Style to the Bronx

With the New York Yankees & Anthony Volpe, Charles Tyrwhitt is bringing its decades-long playbook to one of sports’ biggest stages.
May 14, 2026

Arkansas Reinstates Tennis Teams After Donors Promise Millions

The move comes just 20 days after the programs were initially cut.
May 13, 2026

ACC Still Holding Off on Private Equity Despite Big 12 Leap

“To date, there’s nothing that has made sense,” Jim Phillips said Wednesday.
Mar 11, 2026; Charlotte, NC, USA; Florida State Seminoles forward Alex Steen (25) reacts with guard Robert McCray V. (6) in the first half at Spectrum Center.
May 13, 2026

FSU Tests New Revenue Model as Schools Cut Sports

“Cutting sports isn’t part of the equation for us.”
May 12, 2026

NCAA Warns Baseball Coaches About Canceling Games to Boost Stats

A myriad of Power Four schools canceled games against lower-ranked opponents.