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Kelly Sets Nov. 10 Deadline for LSU to Confirm Full $54 Million Buyout

His lawyers cite a without-cause firing to press for written assurance of the contractually specified payout.

Overview

  • In a Nov. 5 letter, Brian Kelly’s attorneys asked LSU to provide written confirmation by 5 p.m. on Nov. 10 that it will pay the full liquidated damages.
  • The letter was sent to athletic director Verge Ausberry and LSU Board member John Carmouche, seeking confirmation of the $54 million buyout.
  • Kelly’s legal team says LSU officials told him on Oct. 27 that his termination was without cause and that he would receive 90% of the remaining compensation, but no written assurance followed.
  • Reporting indicates LSU floated settlement offers, including one around $30 million in two installments that Kelly did not accept.
  • If paid in full, the buyout would be the second-largest for a college football coach behind Jimbo Fisher’s $77 million, and Kelly has warned he will pursue legal remedies if LSU does not confirm payment.