Lane Kiffin's salary at Ole Miss increases big time with new contract. Here are the details
OXFORD — Lane Kiffin is getting quite the reward for his two years of success at Ole Miss.
After leading Ole Miss to a 10-2 season and a Sugar Bowl berth in 2021, Kiffin has agreed to an extension that will pay him nearly $3 million more a year and keep him in Oxford through 2025, according to documents released to the Clarion Ledger.
His base salary in 2022 will be $7.25 million, up from $4.5 million with a $500,000 retention bonus in 2021. That salary will increase by $100,000 each year through 2025, when it will reach $7.55 million.
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The other condition guaranteed in his contract is that Kiffin's salary pool for paying assistant coaches and support staffers will remain at or above league average and will stay at a minimum of $3.5 million per year.
There are incentives in Kiffin's contract for victories, academics and ticket sales. For each SEC win, starting with the fifth in a season, Kiffin earns $150,000. He also earns $100,000 for every Power Five nonconference regular-season win.
An appearance in the SEC Championship earns Kiffin $150,000, or a win earns him $400,000. Kiffin earns a $50,000 bonus for an Independence Bowl or Birmingham Bowl berth, a $100,000 bonus for a trip to the Gator, Outback, Duke's Mayo, Music City, Texas or Liberty Bowl and a $125,000 bonus for a trip to the Citrus Bowl.
If Ole Miss plays in the New Year's Six, as it is this season, Kiffin is due a $250,000 bonus. A one-and-done trip to the College Football Playoff nets Kiffin $500,000. Winning one College Football Playoff game nets him $750,000 and he earns $1 million if Ole Miss wins the national championship.
Additional performance bonuses include $50,000 if he wins SEC Coach of the Year and $100,000 if he's named national coach of the year.
Academically, Kiffin earns $100,000 if Ole Miss' APR is between 950-974 and $150,000 if the APR is 975 or higher.
Lastly, Kiffin gets bonuses based on how many season tickets Ole Miss sells. Kiffin gets a $50,000 bonus each time season tickets surpass 30,000 sales, 35,000 sales, 37,500 sales and 40,000 sales for a maximum bonus of $200,000.
If everything goes perfectly, the maximum bonus Kiffin can earn next season is $2.45 million.
Ole Miss has a 15-7 record in two seasons under Kiffin. The Rebels have won 14 of their last 17 games dating back to last year.
Kiffin leads No. 8 Ole Miss in the Sugar Bowl on Jan. 1 against No. 6 Baylor (7:45 p.m., ESPN).
Contact Nick Suss at 601-408-2674 or nsuss@gannett.com. Follow @nicksuss on Twitter.
This article originally appeared on Mississippi Clarion Ledger: Lane Kiffin's salary at Ole Miss increases big time with new contract
