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  2. The new contract will pay Kelly an average of $4.7 million annually, a source told ESPN. Including incentives, Kelly could make $23 million ($5.75 million per year) over the course of the...

    • Kyle Bonagura
  3. Mar 3, 2023 · According to the contract reviewed by The Times, Kelly will make $6.1 million during the 2023 and 2024 seasons — a $300,000 raise over the previous amounts that included $1-million retention...

    • ben.bolch@latimes.com
    • Staff Writer
  4. Jan 15, 2022 · Kelly’s new contract that runs through the 2025 season includes a small raise and will average $4.7 million in salary per season, with additional bonus opportunities.

    • ben.bolch@latimes.com
    • Staff Writer
  5. Mar 3, 2023 · Kelly will make $6.1 million during the 2023 and 2024 seasons before that increases to $6.2 million per season in 2025, 2026 and 2027, a person briefed on the contract confirmed to The...

    • Chip Kelly Salary & Contract Overview at UCLA
    • Chip Kelly Buyout Details
    • Potential Bonuses
    • Read More

    Signed: Jan. 14, 2022 Term: Through 2025 season Base Salary: $300,000 1. 2022: $4,300,000 2. 2023: $4,500,000 3. 2024: $4,500,000 4. 2025: $4,500,000 Kelly also has an annual retention bonus of $1,000,000; all he has to do to qualify for it is continue to be employed at UCLA, so it’s safe to lump that in when calculating the total value of the cont...

    If UCLA fires Kelly without cause at any point between now and Dec. 15, 2023, it will owe him 70% of what remains on his contract in base salary, his talent fee, and retention bonuses he would have otherwise received. That means if (for whatever reason) the Bruins decided to move on after this season, they would owe him 70% of the $17,400,000 remai...

    Kelly has the opportunity to earn a slew of bonuses, provided his team performs well on the field and in the classroom. There are, however, two conditions: UCLA must not be on probation in a given contract year and the team must have an Academic Progress Rate (APR)of 930 or higher (which is necessary for postseason qualification). If he and his tea...

  6. Feb 27, 2022 · Chip Kelly signed a four-year, $22 million deal with UCLA football through 2025, with bonuses and buyout terms. His salary is $4.8 million in 2022 and $4.6 million in 2021, down from his previous contract.

  7. According to Bolch, Kelly’s contract was restructured in order to add money to the annual salary and remove retention bonuses. The new buyout for Kelly is set at $8.5 million if dismissed before December of 2023 but drops significantly to $4.27 million if fired before December 2024.

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