Lane Kiffin - FAU Football Coaching Contract
Posted
#364632
(In Topic #53344)
Administrator
Member since 2006
Here's the contract signed yesterday, December 13th, 2016. Significant portions are listed below as well as a link to the fully executed document.
Full Contract Here
Posted
Wise Owl
Member since 2016
Also, is it typical for a clause about the payout being reduced if the current AD or President are no longer with the university when the coach leaves? To me that would open the door to the coach looking around should the AD or President move on. I honestly don't know, and it seems like that is a little built-in incentive to keep Chun around as long as Kiffin is the coach (or a built-in incentive by Chun for him and Kiffin to go to their next place together - which is DEEP conspiracy-theory stuff).
Posted
VIP DONOR
Member since 2006
Whomever drew this up and got it signed (my feeling is President Kelly), unbelievable job.
Teambeer is the most knowledgeable FAU sports fan I know, way smarter than me.
Posted
VIP DONOR
Member since 2005
walty12 said
Crazy that if Kiffen comes in and has 2-3 great years and decides to leave….the buyout clause basically makes FAU whole on what we paid him to coach for those years. Essentially, if Kiffen wins for 3 years and leaves for a "better" job, we will have paid him a total of $1.2m (or $400k) for those 3 years.
Whomever drew this up and got it signed (my feeling is President Kelly), unbelievable job.Posted On: Dec 17th 2016, 12:49 PM #364907
Whoever recruits him away will be paying that money, but your point is understood. We would net out in pretty good shape if he left after or during the end of his third season notwithstanding his bonus and incentive structure.
Posted
Administrator
Member since 2006
Anyway at bare minimum he should reach level B (page 4 link below), which is a bowl invite, but could reach E which is Top 25 provided we knock off USF or the likes.
I don't have time to submit a records request so if anyone wants to find how much those could be before it is published, feel free….
http://www.fauowlsnest.com/uploads/filedump/Lane-Kiffin-Contract-FAU-12-13-16-Post-PDF.pdf
Posted
Wise Owl
Member since 2016
Being in the conference championship game, winning the conference championship game, going to a bowl game, landing in the top 25, Conference USA coach of the year, national coach of the year.
Let's see how things shape out!
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