What Was Lane Kiffin's Contract With Ole Miss
So, you're wondering about Lane Kiffin's contract with Ole Miss, huh? Grab a coffee, let's chat about it. First things first, the basics. Lane Kiffin, the man, the myth, the...
So, you're wondering about Lane Kiffin's contract with Ole Miss, huh? Grab a coffee, let's chat about it.
First things first, the basics.
Lane Kiffin, the man, the myth, the legend (okay, maybe just the legend in his own mind), signed a 6-year deal with the University of Mississippi, or Ole Miss, as the cool kids call it. This was back in December 2019, when he was hired as the head football coach.
Now, you might be thinking, "6 years? That's a long time in coaching years!" And you'd be right. But remember, this is Lane Kiffin we're talking about. The man's resume is like a game of coaching musical chairs, with stops at USC, Tennessee, and even a brief stint in the NFL with the Raiders.
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Now, let's talk money.
Alright, so here's where it gets interesting. Kiffin's contract is worth a cool $16 million over those 6 years. That's about $2.67 million a year, or roughly what I make in a week (kidding, kidding).
But here's the kicker - that's not even the most he could make. No, no, no. That's just his base salary. There are all sorts of bonuses and incentives that could bump that number up. We're talking things like winning SEC championships, making it to bowl games, and even getting a certain number of wins in a season.
Now, I'm no math whiz, but if my calculations are correct (and they're not, because math), that means Kiffin could potentially make up to $4 million a year if he wins every game, every bowl game, and the SEC championship. Not bad for a guy who once said he'd rather be "coaching high school football" than working in the NFL front office.
But wait, there's more!
You thought we were done? Oh, no. We're just getting started. Kiffin's contract also includes some sweet perks. I'm talking about things like use of a university vehicle (because who wants to walk?), country club membership (because who wants to be a peasant?), and even a $50,000 annual clothing allowance.
That's right, folks. Lane Kiffin gets a $50,000 allowance just for clothes. I'm not even sure I spend that much on clothes in my entire life. But hey, when you're coaching in the SEC, you've got to look good, right?
Lane Kiffin salary: Ole Miss coach's contract automatically extended
And what if things go south?
Alright, alright, let's talk about the elephant in the room. What happens if Kiffin doesn't live up to expectations? Well, first of all, let's hope that doesn't happen. But if it does, Ole Miss can fire him "with or without cause" after the first two years of the contract.
Now, I'm no lawyer, but that sounds like a fancy way of saying, "We can fire you whenever we want, buddy." And if they do, Kiffin would be owed a "liquidated damages" payment, which is just a fancy way of saying, "We'll pay you a bunch of money to go away."
But here's the thing - after those first two years, Ole Miss can't fire Kiffin without cause. And even if they did, they'd have to pay him his full salary for the rest of the contract. So, you know, no pressure or anything, Lane.
So, what's the verdict?
Well, folks, it looks like Lane Kiffin is set up pretty nicely in Oxford. He's got a big contract, some sweet perks, and a lot of expectations riding on his shoulders. But hey, that's what happens when you're one of the hottest coaching commodities in college football.
Now, only time will tell if Kiffin can live up to the hype and deliver some wins for Ole Miss. But one thing's for sure - he's certainly not hurting for cash while he tries. And really, isn't that what it's all about?
Alright, that's enough about Lane Kiffin's contract. Let's talk about something more important, like who's ready for another refill on this coffee?