Current:Home > NewsLSU's Brian Kelly among college football coaches who left bonus money on the table -Wealth Evolution Experts
LSU's Brian Kelly among college football coaches who left bonus money on the table
View
Date:2025-04-17 11:09:45
On top of their massive annual salaries, college football coaches often receive bonuses at the end of every season − extra money based on their team's academic performance or appearance in a bowl game.
Last year, though, at least three Power Four coaches gave up parts of bowl bonuses to which they were entitled.
LSU coach Brian Kelly and Utah coach Kyle Whittingham each signed amendments to their contracts that reduced their bowl bonuses for the 2023-24 season only, with Kelly foregoing $400,000 he was scheduled to make and Whittingham's bonus being reduced by $100,000. Wisconsin's Luke Fickell also could have received a portion of the team's bonus for winning seven games, but the school said he did not receive any bonus money in 2023-24.
LSU athletics department spokesperson Zach Greenwell said in a statement that Kelly reduced his bowl bonus to offer additional support "following an increased investment into our football program."
"Brian and (wife) Paqui Kelly have been generous supporters of LSU Athletics since they arrived in Baton Rouge," Greenwell said in a statement on behalf of LSU athletics, which did not specify whether the money was redirected toward a specific project or fund.
"This is not the first time they supported LSU financially in an impactful way. The Kelly family previously committed $1 million in support of an improved athletic training room and recovery suite. ... We are grateful to the Kelly family for their commitment to LSU."
Utah spokesperson Paul Kirk, meanwhile, declined to provide any additional information on the one-time reduction to Whittingham's bowl bonus. He also declined to make Whittingham or athletics director Mark Harlan available for an interview.
While bonuses generally make up a small portion of a college football coach's annual pay, they can be lucrative in some cases. According to USA TODAY Sports research, Football Bowl Subdivision coaches pocketed more than $15.5 million in bonuses last season, led by Michigan coach Jim Harbaugh, who got $3 million for helping lead the Wolverines to a national championship. Kalen DeBoer, who spent last season at Washington before taking over for Nick Saban at Alabama, also took home more than $1 million in bonuses.
Many six-figure bonus provisions are also all but automatic, such as the $500,000 that Kelly is due to receive every year for participating in a bowl game, a feat that LSU has achieved in 23 of the past 24 seasons. Last year, however, Kelly agreed to receive only $100,000 of that amount.
Whittingham, meanwhile, signed an amendment last October that reduced his bowl bonus to $175,000 from $275,000. The Utes finished 8-5 and lost to Northwestern in the Las Vegas Bowl last season.
Fickell's bowl bonus provision is the most complicated of the group. Under the athletics department's bonus policy, the team's coaching staff earned a collective bonus of about $265,000 − roughly 4% of their combined base salaries − for the program's seven-win season. If he had taken a proportionate share of the bonus pool, Fickell would've received $40,000. Wisconsin spokesperson Patrick Herb said the coach instead chose to distribute that money to the rest of his staff.
Follow the reporters on social media @Tom_Schad and @ByBerkowitz.
veryGood! (3272)
Related
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Verizon bolsters wireless, home internet plans, adds streaming video deals and drops new logo
- How Suri Cruise’s Updated Name Is a Nod to Mom Katie Holmes
- 7 youth hikers taken to Utah hospitals after lightning hits ground near group
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- FACT FOCUS: Here’s a look at some of the false claims made during Biden and Trump’s first debate
- 2024 Copa America live: Updates, time, TV and stream for Panama vs. United States
- US Olympic track and field trials: Noah Lyles advances to semis in 200
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Michigan woman to stand trial in crash that killed young brother and sister at birthday party
Ranking
- Current, future North Carolina governor’s challenge of power
- Elton John Reveals Why He'll Never Go on Tour Again
- South Korea says apparent North Korean hypersonic missile test ends in mid-air explosion
- Misunderstood 'patriotic' songs for the Fourth of July, from 'Born in the U.S.A.' to 'American Woman'
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- How do bees make honey? A scientist breaks down this intricate process.
- As LGBTQ+ Pride’s crescendo approaches, tensions over war in Gaza expose rifts
- Deadly protests over Kenya finance bill prompt President William Ruto to drop support for tax hikes
Recommendation
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
NBA draft resumes for the second round on a new day at a new site
South Korea says apparent North Korean hypersonic missile test ends in mid-air explosion
After split with NYC July 4 hot dog competition, Joey Chestnut heads to army base event in Texas
'Most Whopper
Gun violence crisis prompts doctors to ask patients about firearm safety at home
$10M reward for Russian hacking mastermind who targeted Ukraine
Iran votes in snap poll for new president after hard-liner’s death amid rising tensions in Mideast