Overview
- Stoops will receive about $3.94 million within 15 days of his Dec. 1 firing, followed by identical $6.75 million quarterly payments through April 1, 2031.
- The separation agreement specifies the payments are not subject to mitigation, so Stoops’ future earnings will not reduce what Kentucky owes.
- A 2017 contract amendment had entitled Stoops to 75% of his remaining salary within 60 days, but the new agreement spreads the total over several years.
- Stein’s deal totals $28.5 million over five years with $100,000 annual raises and up to $2.15 million per year in performance incentives.
- If Kentucky fires Stein without cause he is owed 70% of his remaining salary; if he leaves without cause he owes 30%, and each College Football Playoff appearance triggers a one-year extension.