2025-26 College Football Coach Fired/Hired Thread

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Brian Kelly, LSU contract standoff: Fired coach reportedly rejects settlement offers, seeks full $54M buyout​

Kelly's contract -- a 10-year, $95 million deal -- calls for him to be paid 90% of his remaining salary for the life of his contract, which would put LSU on the hook for close to $54 million in the form of monthly payments to Kelly through 2031.

LSU wanted to negotiate a smaller payment to Kelly that would give the coach a significant payout up front, but save the program money in the long run. The benefit to Kelly would be getting the money in one lump sum and LSU would remove mitigation language for future earnings from coaching. However, those negotiations have not yielded a new agreement.

According to documents obtained by documents obtained by the Baton Rouge Advocate, Kelly's lawyers sent a letter to new athletic director Verge Ausberry on Nov. 5 indicating his expectation that the school will pay his "full liquidated damages," meaning the full $54 million buyout. Kelly showed a willingness to engage in such conversations immediately after his firing, but rejected offers of $25 million and $30 million that were presented to him -- first by then-athletic director Scott Woodward and later by executive deputy athletic director Julie Cromer. Since Woodward's firing after a fiery press conference from Louisiana governor Jeff Landry, talks have apparently stalled.

https://www.cbssports.com/college-f...-lsu-tigers-coach-contract-buyout-settlement/
 

MisterGopher said:

Brian Kelly, LSU contract standoff: Fired coach reportedly rejects settlement offers, seeks full $54M buyout​

Kelly's contract -- a 10-year, $95 million deal -- calls for him to be paid 90% of his remaining salary for the life of his contract, which would put LSU on the hook for close to $54 million in the form of monthly payments to Kelly through 2031.

LSU wanted to negotiate a smaller payment to Kelly that would give the coach a significant payout up front, but save the program money in the long run. The benefit to Kelly would be getting the money in one lump sum and LSU would remove mitigation language for future earnings from coaching. However, those negotiations have not yielded a new agreement.

According to documents obtained by documents obtained by the Baton Rouge Advocate, Kelly's lawyers sent a letter to new athletic director Verge Ausberry on Nov. 5 indicating his expectation that the school will pay his "full liquidated damages," meaning the full $54 million buyout. Kelly showed a willingness to engage in such conversations immediately after his firing, but rejected offers of $25 million and $30 million that were presented to him -- first by then-athletic director Scott Woodward and later by executive deputy athletic director Julie Cromer. Since Woodward's firing after a fiery press conference from Louisiana governor Jeff Landry, talks have apparently stalled.

https://www.cbssports.com/college-f...-lsu-tigers-coach-contract-buyout-settlement/
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Pay the man, no one told LSU to sign off on the contract. No ground to stand on here.
 




Well we knew he'd be one of the very first. I would call Va Tech a destination, but obviously Franklin wants to coach next year. Good for both of them.
 

MaxyJR1 said:
Maryland announced that Locksley will be back in 2026
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Probably took a look at the open jobs and figured they were better off giving Locksley another year. Gotta think his seat will be very warm heading into next year, especially if they don't win out and make a bowl this year (Mich and MSU left).
 

what I have noticed this year about coaches getting fired is there seems to be several years
left on their contract. It seems like a coach has a couple of good years 8-4 maybe 9-3
and the school comes running with a 6-7 year extension with a large pay increase only the next year or two are really bad years and the school fires him. then that's where the buy out bites them in
rear. Now I may be wrong. Kelly and Fisher come to mind. who knows ????
 

Sparlimb said:
Well we knew he'd be one of the very first. I would call Va Tech a destination, but obviously Franklin wants to coach next year. Good for both of them.
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Good move for Va Tech to get it done now. Might be able to flip some of the remaining PSU commits before signing day and gives Franklin a chance to try and get some things done before the early signing window. Will also give him a chance to be ready to go when the portal feeding frenzy begins.
 



Apparently Arkansas wanted Franklin but he wasn't interested.
 























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