Jeff Lebby Salary and Contract: About $4.5 Million at Mississippi State and the Buyout

Jeff Lebby earns about $4.5 million a year at Mississippi State, the lowest salary for an SEC coach at a public school. His deal is split in two: a state contract worth $800,000 a year that runs through 2027, the longest Mississippi law allows, and a Bulldog Club contract that pays the rest and runs through 2028. After going 2 and 10 and 5 and 8 in his first two seasons, Lebby has Mississippi State off to a 4 and 0 start in 2026.

JEFF LEBBY · MISSISSIPPI STATE CONTRACT
About $4.5 million a year, split two ways
Hired Nov. 2023 · State deal through 2027 · Bulldog Club deal through 2028
Annual pay About $4.5 million: $800,000 from the state contract, the rest from the Bulldog Club
If MSU fires him 75 percent of what remains on both contracts
If he leaves A buyout owed to the university and Bulldog Club, reported at $6.2 million early in the deal
Bonuses $125,000 for every SEC win starting with the fifth, $150,000 for an SEC title, and playoff bonuses from $250,000 for a first round game to $1 million for a title
Record 2 and 10 in 2024, 5 and 8 with a Duke’s Mayo Bowl trip in 2025, 4 and 0 to start 2026

Contract terms are from the contracts obtained by the Clarion Ledger and the terms Mississippi State released, as reported by WTVA and The Dispatch. The full national list is on our college football coaching salaries page.

The Bottom Line

Jeff Lebby makes about $4.5 million a year at Mississippi State through two contracts that run through 2027 and 2028, with 75 percent of the rest owed if he is fired and per win SEC bonuses that a hot start could start triggering. Follow the Bulldogs on the Mississippi State football schedule and Mississippi State score today.