NCAAF: Audit: LSU overpaid Brian Kelly by $1M in 2022
An audit conducted by the Louisiana Legislative Auditor’s office revealed that LSU overpaid head coach Brian Kelly by more than $1 million in 2022.
The report, released Monday, found that Kelly was paid an extra $1,001,368 due to LSU making double payments to Kelly and his LLC in May and June of 2022.
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Changes in terms to Kelly’s original $10-year, $95 million deal in April 2022 resulted in the overpayment.
“In May 2022, LSU began making supplemental payments to the coach’s LLC,” the report read. “However, LSU also erroneously continued to make supplemental payments to the coach directly, thereby resulting in monthly double payments until LSU management detected it in November 2022.”
LSU will eventually recoup the money.
“LSU management and the head football coach have enacted an adjusted payment schedule so the amount of overpayment will be recouped by the conclusion of fiscal year 2023,” the report stated.
Kelly led LSU to a 10-4 record in Year 1, culminating with a 63-7 win over Purdue in the Citrus Bowl.
–Field Level Media
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