Kirby Smart contract details released by Georgia football

After leading Georgia to win its first National Championship in over 40 seasons, head coach Kirby Smart inked a 10-year contract that will pay him $112.5 million before bonuses. Dawgs247 received the details of that contract on Thursday through an open records request. Smart will receive $600,000 in base salary per year. Smart receives up to 50 hours of flight time a year, with the ability to carry over up to 10 hours of unused flight time to the next year.

He will receive another $6.25 million in media obligation this season, which include appearances on Bulldog Hotline, Game Day Radio, WSB Radio/Network Distributed Segments, Inside Georgia Football/Kirby Smart All Access, Bulldog GameDay/GameWeek, and Bulldog Round Table. That compensation will go up each year as follows:

2022: $6,250,000
2023: $6,400,000
2024: $6,600,000
2025: $6,750,000
2026: $6,900,000
2027: $6,900,000
2028: $7,100,000
2029: $7,250,000
2030: $7,400,000
2031: $7,550,000

Smart will receive on equipment endorsement that begins as $3.4 million this season and goes up as follows:

2022: $3,400,000
2023: $3,500,000
2024: $3,550,000
2025: $3,650,000
2026: $3,750,000
2027: $3,750,000
2028: $3,800,000
2029: $3,900,000
2030: $4,000,000
2031: $4,100,000

That endorsement is expected to remain in place if Georgia changes its equipment partnership during the contract. Smart can also make a performance bonus of up to $1.3 million a year. If Georgia wins the SEC East Division, Smart gets $100,000. If they win the SEC Championship, that bonus increases to $300,000. Making a bowl game results in an additional bonus of $50,000 for the Birmingham or Independence Bowl, $75,000 for a Six Pack Bowl (Taxslayer, Outback, Belk, Music City, Texas, Liberty), or $100,000 for the Citrus Bowl. Making the Sugar, Rose, Orange, Cotten, Fiesta, or Peach in a non-playoff capacity increases that bonus to $175,000, while making it to the College Football Playoffs takes it to $500,000. Making the national championship will net Smart $750,000 while winning it will increase his bonus to $1,000,000.

As far as a buyout is concerned, if Smart’s contract is terminated by Georgia without cause before Dec. 31, 2026, Smart will be owed 100 percent of his remaining base, media, and equipment compensation. It would drop to 85 percent of the total contract after Dec. 31, 2026. He would receive 20 percent of that amount within 60 days of termination and the remaining compensation would be made in monthly payments through Dec. 31, 2031. If Smart leaves on his own at any time before Dec. 31, 2023, he would owe Georgia $5 million. That number drops to $4 million for 2024 and 2025, $3 million in 2028, $2 million in 2029, and $1 million in 2030.

Smart, 46, has achieved considerable success in his first six years as Bulldogs head coach. He has accrued a 66-15 record since taking over the Georgia program in December 2015. In that time, the Bulldogs have posted four double-digit win seasons, won the SEC East four times, earned three bowl victories, captured one SEC championship, and made the College Football Playoff twice. Smart was named the SEC Coach of the Year in 2021 and in 2017. As an assistant at Alabama, he was the AFCA Assistant Coach of the Year in 2012 and the Broyles Award winner in 2009.

Smart and the Bulldogs are fresh off a 2021 season few around the program will ever forget. Georgia spent most of the 2021 campaign as the nation’s No. 1 team and finished the regular season with an unblemished 12-0 record. After suffering a loss to Alabama in the SEC Championship Game, the Bulldogs bounced back by beating Michigan 34-11 in the CFP semifinals before topping Alabama 33-18 in the national title game. The Bulldogs victory over the Crimson Tide gave Georgia its third claimed national title in program history and first in 41 years.

“Mary Beth, my family & I are excited and grateful for the extension of my agreement with The University of Georgia. This is home for us, our roots run deep here. My commitment to this University and our Football program is unwavering,” Smart said in a statement. “I’m thankful to President Jere Morehead and Josh Brooks for their continued support of Georgia Football. It’s an honor for being the head football coach at the University of Georgia, and while I’m certainly proud of what we’ve been able to accomplish, I’m confident the best is yet to come!”

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