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Kiffin signs 6-year, $14.25M contract

Posted at 08:41 AM on October 21, 2009

   FILE - In this Oct. 3, 2009, file photo, Tennessee coach Lane Kiffin during an NCAA college football game against Auburn in Knoxville, Tenn. Kiffin is something of an expert in facing the nation's No. 1 team. Tennessee has already played Florida and next up is Alabama on Saturday.

Tennessee Vols Head Coach Lane Kiffin

KNOXVILLE, Tenn. -- Tennessee coach Lane Kiffin, who had been working under a memo of understanding, has signed a six-year, $14.25 million contract.  As agreed to when he was hired in November, Kiffin will earn $2 million in 2009, which includes pay for broadcasting responsibilities and endorsements.  His salary will gradually increase each season, topping out $2.75 million for the 2014 season.  Should Kiffin be fired without cause, he will receive a buyout between $5 million and $7.5 million.  Kiffin must inform Tennessee athletics director Mike Hamilton if he is interested in any other college or professional coaching job or is approached about another position. He will owe the university between $200,000 and $1 million should he take another job.

 

Copyright 2009 by The Associated Press

Categories: Tennessee Vols Football

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2 Comments

vols_suck_20
Reply vols_suck_20
11:51 PM on October 21, 2009
dude...he isnt going to stay that long
gorockytop
Reply gorockytop
12:13 PM on October 22, 2009
vols_suck_20 says...
dude...he isnt going to stay that long

He said that hes tired of going all across the country and that he wants to stay in Knoxville for a long time. Don't think he will be going anywhere, anytime soon.

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