Baton Rouge, Louisiana
7 Day Forecast
Follow our weather team on social media

Lawmaker questions whether big contracts for LSU, USC coaches violate tax codes

1 year 5 months 1 week ago Friday, December 17 2021 Dec 17, 2021 December 17, 2021 10:50 PM December 17, 2021 in News
Source: WBRZ

Questions and concerns over LSU Head Coach Brian Kelly's large salary are now coming down from Capitol Hill, with one lawmaker wanting to know if the contract violates the tax code.

Representative and House Ways and Means Committee member Bill Pascrell sent letters to William F. Tate and the president of the University of Southern California on Friday asking about the pay packages for their new football coaches. Brian Kelly and USC's Lincoln Riley are both reportedly being paid around $100 million by their universities.

According to a report by Bloomberg, Pascrell is worried if these agreements line up with "the rules governing tax-exempt organizations and highly-paid employees." To get a better understanding of the letter and questions posed to the universities, you can click here.

"Pursuing fair application of the federal tax code that encompasses all 50 state guides the Oversight subcommittees's work, and the lavish contracts awarded by LSU and USC to Brian Kelly and Lincoln Riley caught our attention given the tax-exempt status enjoyed by these two institutions," said Mark Greenbaum, spokesperson for Congressman Pascrell.  "Our Subcommittee continues to examine this wide-ranging issue and is exploring additional letters to universities that have awarded massive contracts to their coaching staff."

LSU spokesperson Ernie Ballard responded by saying, "We fully intend to respond to Rep. Pascrell's questions and will outline our position at that time."

This is not the first time Kelly's significant income has raised questions. Earlier this month, Public Service Commissioner Foster Campbell called out the university for putting more money into their sports program than academics.

More News

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
7 Days