LSU coach Brian Kelly signed one of the most lucrative contracts in college football history when he was hired to coach the Tigers program ahead of the 2022 season. But thanks to some missing paperwork discovered by the Louisiana Legislative Comptroller’s Office, the school inadvertently gave Kelly a little extra. Kelly was wrongly overpaid by $1,001,368 in May and June 2022 due to a costly clerical error, according to documents obtained by the Greater Baton Rouge Annual Report.
When Kelly signed the massive 10-year, $95 million deal, he originally arranged for his payments to be sent directly to his bank account. In May, Kelly entered into an employment and license IP agreement with LSU to remit payments directly to an LLC on his behalf. Unfortunately for the school, someone forgot to turn off direct payments.
Ultimately, Kelly was paid twice in the months of May and June before LSU noticed the discrepancy in November 2022. Rather than having Kelly repay the more than $1 million to the program as a lump sum, LSU and Kelly’s LLC have agreed to a reduced payment plan that will slightly dock his salary until the amount is repaid by the end of 2023.
While LSU will recoup its money over the next year, it’s unlikely that many people in Louisiana would be too angry with Kelly for the mistake. The freshman coach led LSU to their first home win over Alabama since 2010 and clinched the SEC West title for the first time since Joe Burrow’s national title-winning squad in 2019. The Tigers hold one of the top five recruiting grades of the 2023 high school cycle and hold the top spot in the transfer rankings en route to a massive 2023 season.
https://www.cbssports.com/college-football/news/audit-shows-lsu-football-coach-brian-kelly-was-mistakenly-overpaid-by-over-1-million-in-2022/ Audit shows LSU football coach Brian Kelly was wrongly overpaid by over $1 million in 2022