LSU Somehow 'Accidentally' Overpaid Brian Kelly By More Than $1 Million In 2022
Business Report — An audit of LSU’s athletics department found that head football coach Brian Kelly was overpaid a little more than $1 million last year.
The report released this week by the Louisiana Legislative Auditor’s office says the university began making supplemental payments to Kelly’s LLC in May but also continued to make supplemental payments to the coach directly, resulting in monthly double payments until LSU management became aware of the error in November. LSU management and Kelly—hired in November of 2021 with a 10-year, $95 million contract—have since enacted an adjusted pay schedule so that the school can recoup the funds by the end of 2023’s fiscal year, according to the report.
If you asked me what school would "accidentally" overpay its football coach by more than $1 million, LSU definitely would have been on my short list. The surprising part of this story is that it ever came to light.
Nobody actually believes this, right? University athletic departments — the overwhelming majority of which operate at a loss — don't misplace $1 million. I want receipts of what happened to this money after it went to Brian Kelly's LLC.
Also, what the hell is this mystery LLC that Kelly is having his payments wired through? This is the first I've heard of a college football coach having anything like this. Why is this being reported as some sort of funny accident rather than a potentially insane cover-up? I demand answers.
I'm going to get to the bottom of this. Something is afoot. We're just lucky the Louisiana Legislative Auditor got to this before it went longer than a year.