Kiffin gets another contract extension from Ole Miss
Published 3:24 pm Tuesday, December 19, 2023
OXFORD — Ole Miss and football head coach Lane Kiffin have agreed to a contract extension, the university announced Tuesday.
Details of the new contract were not immediately disclosed. SI’s Ross Dellenger reported that it is expected to be for at least eight years and average $9 million a year plus incentives. While the state of Mississippi does not allow public employees to have contracts of more than four years, the deal is run thru Ole Miss’ private foundation, Dellenger reported.
Kiffin would earn bonuses for reaching benchmarks in Southeastern Conference victories and championship game appearances, and $500,000 for getting the Rebels to the College Football Playoff. Such incentives are standard in most contracts for college head coaches.
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Kiffin signed another new contract in January that was to pay him $8.85 million in 2024, and $9 million in 2025 and 2026.
In his four years at the helm, Kiffin has guided Ole Miss to its first two 10-win regular seasons, four consecutive bowl berths and two New Year’s Six bowl appearances.
The Rebels are 21-2 over their last 23 games in Oxford, including perfect home records in both 2021 and 2023.
The 11th-ranked Rebels have a 10-2 record this season and will play No. 10 Penn State (10-2) in the Peach Bowl on Dec. 30.
Since Kiffin was hired in 2020, Ole Miss ranks second among all FBS schools in total offense at 497.4 yards per game.
“We’re doing things here that have never been done before, and with the commitment that our leadership and supporters are making, we have the opportunity to build on the foundation that has been established over the last four years,” Kiffin said in a statement. “I’m grateful to Chancellor Boyce and Keith for their support, and we look forward to continuing on our path to becoming a championship program.”