He has a Mitigation of Damages clause in the contract. In other words he must look for a new job, and any salary is her earns is an offset against the $50M
Link: https://ath-ems.lsu.edu/prr/contracts/Employment%20Contracts/Football/Brian%20Kelly%20-%2011.28.21.pdf
Kelly’s $50M buyout is not what many think it is
Replies to: "Kelly’s $50M buyout is not what many think it is"
- Kelly’s $50M buyout is not what many think it is [LINK]
- Shadow_of_the_Dome - 12:22am 10/28/25
(12) [View All]
- Not only that, but there are rumors surrounding them pushing him for a reduced settlement. - jakers - 3:45pm 10/28/25
- Morals clause? - TakethetrainKnute - 5:58pm 10/28/25
- To hear the locals tell it... - jakers - 9:20am 10/29/25
- Morals clause? - TakethetrainKnute - 5:58pm 10/28/25
- Pretty standard. - NDNEIL - 12:18pm 10/28/25
- Wasn’t that around $19 M ? [NT] - whatsamataU - 9:38am 10/28/25
- Re: Kelly’s $50M buyout is not what many think it is - admiraltact - 9:15am 10/28/25
- Re: Kelly’s $50M buyout is not what many think it is - admiraltact - 11:00am 10/28/25
- Red flag: he signed in purple. Pretty standard clause - Franklin has the same. All it means - LanceManion - 6:34am 10/28/25
- LSU people must really dislike Kelly to leak a copy of his contract. [NT]
- BaronVonZemo - 12:33am 10/28/25
- They really dislike(d) him from the word go. [NT] - hipND - 5:56pm 10/28/25
- As a public employee, it may be public knowledge [NT]
- irishone - 7:52am 10/28/25
- Upon request. [NT] - whatsamataU - 9:40am 10/28/25
- Not only that, but there are rumors surrounding them pushing him for a reduced settlement. - jakers - 3:45pm 10/28/25