Blumenthal is joined in letter by Pete Ricketts (R-Neb.), Chris Murphy (D-Conn.), and Shelley Moore Capito (R-W. Va.)

Sen. Richard Blumenthal (D-Conn.) and 3 other Senators send letter to DHS Secretary Alejandro Mayorkas asking for update on department's progress toward adjusting immigration laws so foreign college athletes can make money from NIL deals while in U.S.
blumenthal.senate.gov/imo/media/doc/…

If either party terminates during first three years, buyout is set to be 75% of money remaining on contract. Drops to 50% for final two years.

Lutz set to make $2.4 million for first season, then receive $150,000 raises annually. Oklahoma State also paying $2 million buyout to Western Kentucky.

Former Oklahoma State coach Mike Boynton was making $3 million this past season.

New #OKState basketball coach Steve Lutz’s contract will pay him $13.5 million over 5 years. The details: oklahoman.com/story/sports/c…

Florida attorney general files lawsuit against the ACC, demands media rights contracts tallahassee.com/story/sports/c… via @tdonline

Per document obtained by Calum McAndrew, the MOU also includes a very interesting provision connected to 'potential changes to the financial model' for college athletics. See below ...

Laird Veatch will make $1.3 million annually guaranteed in total compensation as the new #Mizzou AD, per a memorandum of understanding provided by a university spokesperson. Broken down:

- $900K salary
- $200K non-salary compensation
- $200K deferred compensation

AM RT: Univ of Miami credited FB coach Mario Cristobal with $22.7 million in total pay for 2022 calendar year,
Brent Schrotenboer reports, citing school's new IRS docs. $7.7M in base + other pay that likely includes buyout he owed Oregon + taxes on that amt: usatoday.com/story/sports/n…

For comp in higher-ed, according to The Chronicle of Higher Education, former Univ of Pennsylvania president Amy Gutmann received $22.8 million in 2021, including $20.2M in deferred comp built over 18 yrs. That was highest payout since 2008, when The Chronicle of Higher Education began collecting private-school executive pay

This amount does not include additional amount that Miami would have had to pay in connection with the 21% federal excise tax imposed on compensation above $1 million that goes to any of a private non-profit universities' five highest-paid employees in a year.

Univ of Miami credited FB coach Mario Cristobal with $22.7 million in total pay for 2022 calendar year, Brent Schrotenboer reports, citing school's new federal tax docs. $7.7M in base + other pay that likely includes buyout he owed Oregon + taxes on that amt: usatoday.com/story/sports/n…

College football assistant coach payrolls for 2024 among public schools, so far:
Ohio State: $11.425 million
Georgia: $10.1 million
Clemson: $9.675 million
Alabama: $9.425 million
Top in '23 was Ohio State's $9.32M (h/t Joey Kaufman, Marc Weiszer, Scott Keepfer﮷, @_NickKelly1)

College football assistant coach payrolls for 2024 among public schools, so far:
Ohio State: $11.425 million
Georgia: $10.1 million
Clemson: $9.675 million
Alabama: $9.425 million
Top in '23 was Ohio State's $9.32M
(h/t Joey Kaufman, Marc Weiszer, Scott Keepfer﮷, Nick Kelly)

Per Joey Kaufman, in 2024 season, Ohio State will have six football assistant coaches making at least $1 million, including five making at least $1.4 million.

Total payroll for 10 assistants for 2024 season per Joey Kaufman is $11.425 million, including $2.2 million for DC Jim Knowles and $2 million for OC Chip Kelly.

Regarding 75% buyout if Calipari is fired w/o cause: While it is subject to offset if Calipari has subsequent 'athletics-related' income, 'Coach shall not have an affirmative duty to mitigate'

To clarify this: The contract says Calipari will be able to get no more than two of automatic 1-year extensions, and he will be able to add a total of no more than $1.25 million in automatic pay increases.

Calipari had been scheduled to make $8.5 million from Kentucky in 2024-25, then go to $9 million annually for the last four years.

John Calipari's contract with Arkansas starts as 5-year deal with $7.5 million annual pay, including $500K annual retention payment.

But deal automatically extends by 1 year each time team plays in NCAA tournament, and Calipari can get automatic pay increases as follows: