Summary
Lane Kiffin, a well-known college football coach, has agreed to a $91 million contract with Louisiana State University (LSU). His contract includes a unique clause where LSU will cover up to $500,000 in losses if Kiffin sells his house in Mississippi for less than he bought it. This contract detail has surprised many fans and received attention on social media.
Key Facts
- Lane Kiffin has signed a $91 million contract with LSU.
- The contract includes $25 million for NIL (Name, Image, Likeness) spending and recruiting.
- A special clause in the contract states that LSU will compensate Kiffin if he loses money selling his house in Mississippi.
- Kiffin's Mississippi home was bought for $2.89 million and is now valued at $2.4 million.
- LSU will cover up to $500,000 of the difference if the house sells for less than the purchase price.
- Fans have reacted strongly on social media to this contract detail.
- Kiffin's contract makes him one of the highest-paid college football coaches.
