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Lane Kiffin reacts to signing massive contract with Ole Miss

Lane Kiffin, Ole Miss Rebels

Lane Kiffin has turned around the Ole Miss Rebels after years of struggles, going 10-2 so far this season and likely securing a New Year’s Six bowl game. Ole Miss has rewarded Kiffin with a new contract, which was announced on Saturday night.

ESPN reports the new deal will pay Kiffin about $7.5 million annually. That’s not as big as some of the monster contracts handed out recently, but it’s still a nice chunk of change to keep the head coach at Ole Miss.

Kiffin released this statement on the deal:

“We are extremely appreciative of Chancellor Glenn Boyce, Director of Athletics Keith Carter, and the entire Ole Miss administration for their commitment and support of our football program,” Kiffin said. “Sustained success takes a commitment from everyone, and we are excited to continue the work to build a program that makes the entire Ole Miss community proud. I have a tremendous amount of gratitude for our fans, players, and staff. The future is bright! Hotty Toddy.”

Kiffin was hired in 2019 to replace Matt Luke after leading Florida Atlantic to two Conference USA titles in three seasons. While the 2020 season was nothing special (5-5 record), the Rebels capped it off with a win in the Outback Bowl and then stepped things up in a big way in 2021.

This is the first 10-win regular season in school history. Kiffin is now 15-7 at Ole Miss, and it made all the sense in the world to pay up to keep him. There were some rumors that Kiffin could leave for Miami, but now he’s locked in with the Rebels.