Overview
- Kelly’s attorneys sent a Nov. 5 letter to athletic director Verge Ausberry and board member John Carmouche seeking written confirmation by 6 p.m. ET on Nov. 10 that LSU will pay his full liquidated damages.
- Documents show LSU offered a $25 million lump sum from then-AD Scott Woodward and a $30 million two-installment proposal from executive deputy AD Julie Cromer, both of which Kelly rejected.
- Kelly’s 10-year, $95 million contract calls for 90% of remaining compensation if he is fired without cause, totaling roughly $54 million in monthly installments through 2031 with mitigation if he takes another job.
- Negotiations have unfolded during athletic department upheaval following Woodward’s Oct. 30 departure after public criticism from Gov. Jeff Landry, with Ausberry elevated to lead the department.
- With termination paperwork not finalized, LSU has continued monthly payments as the team plays under interim coach Frank Wilson, who opened with a 20-9 loss at Alabama.