New Details Emerge On Brent Key's Contract

After being officially introduced as the new head coach of Georgia Tech on Monday, the details of the contract that Brent Key signed have started to come out.

Brent Key's contract terms: five years, $15 million, starting at $2.8 million. Buyout reduces over time, down to 50% of remaining contract value in year 4. Perhaps most notably, $7.5M salary pool for assistants/staff, a 30% increase from this past season.
— Ken Sugiura (@ksugiuraajc) December 9, 2022

Georgia Tech coach Brent Key received a five-year, $15 million contract, with his base salaries escalating from $2.8 million in 2023 to $3.2 million in 2027. Not surprisingly, his deal is at the low end of contracts signed by new FBS football coaches. (more)
— Jeff Schultz (@JeffSchultzATL) December 9, 2022

Details on new Georgia Tech HC Brent Key’s 5 year contract:

$2.8 million
• $2.9 million
• $3.0 million
• $3.1 million
• $3.2 million

Annual staff budget of $7.5 million (10 assistants and support staff)
— Zach Klein (@ZachKleinWSB) December 9, 2022

I think the most interesting part of this contract is the assistant salary pool. Key is going to be hiring a mostly new offensive staff and the increase in the salary pool is going to be vital in helping to attract quality candidates for positions such as offensive coordinator. The previous salary pool for assistants was $5.7 million.

Key's $2.8 million base salary is going to be at the bottom of the ACC. Currently, Clemson head coach Dabo Swinney is the highest-paid head coach in the conference.

The only reported move that Key has made so far is bringing in a new strength coach. Shortly after being hired, he decided not to retain offensive coordinator Chip Long and wide receivers coach Del Alexander. None of the defensive staff have been let go as of today.

Key is going to have a chance to outperform this contract and the first part of insuring success is hiring a good staff. It sounds like he has the means to do so and it will be worth monitoring the decisions that he makes with the staff.

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