Head football coach Lane Kiffin and the University of Tennessee have finally signed their contract that had been agreed to long ago.There were no significant changes in the contract that was obtained by the News Sentinel from what had been previously reported in a memorandum of understanding. Kiffin was named UT’s head coach on Dec. 1, 2008.
The contract specifically outlines the six self-reported secondary NCAA violations committed earlier this year. The contract states that Kiffin could be held responsible for any other violation that occurred during that time.
Kiffin’s buyout for the 2009 and 2010 season is $7.5 million. His buyout for the 2011 and 2012 season is $6.25 million. The buyout drops to $5 million in 2013 and 2014.
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