Mark Stoops asserts he’s staying put at Kentucky, yet a lucrative buyout could yield over $40 million.

Mark Stoops asserts he's staying put at Kentucky, yet a lucrative buyout could yield over $40 million.

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The University of Kentucky has a storied history in college basketball, being the leader in all-time victories and the owner of eight NCAA Championships. In contrast, its football program has struggled to achieve consistent success. Despite winning a national title in 1950, the team has had a .500 all-time record and only two end-of-season rankings in the last 40 years, both under current head coach Mark Stoops.

Rocky Start to the Season

This season has begun on shaky ground for the Kentucky football team, currently sitting at 2-3 after a recent 35-14 defeat to Georgia. The Wildcats are still in search of their first Southeastern Conference (SEC) victory this year, following a disappointing 1-7 league record last season. Mark Stoops, who has been at the helm since 2013, has an overall record of 79-76 and a challenging 28-65 against SEC competition during his tenure.

Coaching Rumors and Financial Implications

Recent reports from a Lexington radio station speculated that Stoops had discussed a potential buyout with the university. However, the coach quickly refuted these rumors, asserting, “There’s zero chance I’m walking away.” Despite his firm stance, the idea of a buyout raises significant financial considerations. Stoops signed a contract extension in 2022 that runs through the 2031 season, making him one of the highest-paid coaches in college football with an annual salary of $8.6 million, plus incentives.

Under the current structure of his contract, Stoops would be entitled to a buyout worth 75% of the remaining salary. This means if Kentucky opted to part ways with him now, the financial ramifications could reach approximately $42.4625 million.

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Stoops has led the Wildcats to a 10-3 record and two end-of-season rankings in 2018 and 2021. However, last season was marred by challenges that led to a 4-8 finish, including a penalty that resulted in the vacating of wins from the 2021 season for offering impermissible benefits to players. Besides a COVID-19-shortened 2020 season, Kentucky enjoyed winning records from 2016 to 2023, but this year’s difficulties may escalate the scrutiny surrounding Stoops’s future with the program.

While Stoops remains committed to his position, the decision ultimately might lie with the university, which could soon face tough choices regarding the direction of its football program.

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