Home Breaking News Ole Pass over’ season-opening win over Louisville nets Lane Kiffin a $100,000...

Ole Pass over’ season-opening win over Louisville nets Lane Kiffin a $100,000 bonus

7
0
Ole Pass over’ season-opening win over Louisville nets Lane Kiffin a $100,000 bonus

play

Early Newspaper

Mississippi football head coach Lane Kiffin was no longer with the Rebels for his or her 43-24 victory over Louisville on Monday evening in Atlanta because he examined certain for COVID-19, but he’ll peaceful acquire the $100,000 bonus he gets for any regular-season victory over a Power Five non-convention team, Mississippi athletics director Keith Carter said after the game.

The bonus is among these listed on a interval of time sheet for Kiffin that was equipped by the faculty earlier this summer season in lieu of the agreement between Kiffin and the Ole Pass over Athletics Foundation. The foundation provides most of Kiffin’s basic compensation ($4.5 million this season), as well as his bonuses. As private, non-income organization, however, it will not be subject to originate-records disclosure requirements – and it does no longer make the deal public.

The determination to honor the bonus makes Kiffin the primary coach this season to acquire a six-figure performance-incentive bonus. Nevada’s Jay Norvell and Texas-San Antonio’s Jeff Traylor each gained $25,000 on Saturday when their teams defeated Power Five convention opponents – California and Illinois, respectively.

Whereas Kiffin was no longer on the sideline Monday evening, Mississippi did no longer designate an intervening time head coach for the game. The athletics department said in a statement that there would be “no change in gameday coaching tasks for the staff” and Kiffin “will likely be fascinated by game planning leading up to kickoff.”

OPINION: Ole Pass over’ rout of Louisville proves Rebels are about extra than about Lane Kiffin

MISERY INDEX WEEK 1:  UConn keeps getting embarrassed; Clemson’s perfect days in past?

WINNERS AND LOSERS:  Georgia, UCLA notch statement wins; ACC has rocky Week 1

Right here’s the 2nd time that a Mississippi head coach has gained this form of bonus. In 2018, Matt Luke picked up $150,000 for a non-convention regular season win over a Power Five opponent. That was against Texas Tech, also in an alternate-area game at the start of the season.

In addition to the amount Kiffin picked up Monday evening, he can accept $150,000 for each win against a Southeastern Conference opponent, origin with the team’s fifth such win of the regular season.

Kiffin’s deal also has an array of incentives related to postseason appearances and wins, coach of the year honors, team academic performance and the variety of season tickets that Mississippi sells.

As was the case when Luke got his bonus for the win over Texas Tech, Mississippi will likely be due a sizable appearance charge for playing in Monday evening’s game that will assist cover Kiffin’s payment. Assuming it sold all 29,550 tickets it was required to purchase under the game contract, Mississippi will reach away with a $4.25 million payout.

Supply:
Ole Pass over’ season-opening win over Louisville nets Lane Kiffin a $100,000 bonus