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New details released on Kirby Smart’s contract

ATHENS — Kirby Smart will make “only” $6.6 million in the first year of his new deal with Georgia, but he has the potential to make more than $7.5 million in the last. 

That’s according to details of Smart’s new seven-year contract as Bulldogs coach, which were released by the University of Georgia on Friday in response to an open records’ request. 

Smart’s original deal paid him $3.75 million annually. According to “first amendment” documents provided by the school Friday, the third-year coach’s base salary has been increased by $100,000 to $500,000 a year. He also will receive yearly incremental increases in his “media compensation” and his “equipment compensation” that will result in an additional $600,000 by the end of the 2024. 

Smart also has the ability to earn as much as $925,000 in team performance bonuses each year. That includes $100,000 for playing in the SEC Championship Game, $225,000 for winning it, and $700,000 for winning the national championship. That’s the same as his previous agreement, which also calls for $50,000 for playing in the Birmingham or Independence Bowl, $75,000 for Tier 2 bowls such as the TaxSlayer or Outback, $100,000 for the Citrus Bowl and $175,000 for any of the College Football Playoff bowl games. 

Smart’s amended deal also includes an interesting new clause that gives him access to for personal use. Paragraph 9 of new agreement stipulates that the athletic association will furnish “a light jet via Delta Jets or a comparable carrier service for Smart’s personal, non-business travel for a maximum of 25 hours of flight time per calendar year. What’s more, flight time not used in one year will carry over to the next. 

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Not including such fringe benefits, the average salary of Smart’s deal at Georgia works out to $7 million per season — or $49 million over seven years. That places him third in the SEC — tied with Auburn’s Gus Malzahn — and fifth in the nation. Alabama’s Nick Saban ($11.1 million) and Texas A&M’s Jimbo Fisher ($7.5) are considered the league’s top-paid coaches.

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