Biography & Early Wealth Journey
On some occasions, you can also negotiate your perks. Lincoln Riley just accepted a job with USC, leaving the Oklahoma Sooners to move to the PAC-12. A tweet from Robert Hefner V listed the benefits the new Trojans coach will receive—and they're pretty juicy.
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Hefner claimed the deal is worth $110 million, and that USC would be buying both of Riley's homes in Norman for $500,000 over the asking price—essentially a $1 million bonus. The tweet also said USC would buy a $6 million home in L.A., with 24/7, unlimited use of a private jet:
Primary Income Streams & Multi-Million Contracts
Lincoln Riley USC contract details (not confirmed; best I could do):
– $110 million
– USC buying both his homes in Norman for $500,000 over asking ($1 million bonus)
– Buying a $6 million home in LA for him
– Unlimited use of the private jet 24/7 for family#Sooners #Trojans
— Robert Hefner V (@RobertHefnerV) November 29, 2021
Seems pretty wild, doesn't it? Well, it turns out some (or all) of those details might not actually be true.
Sportico reported a realtor already debunked the Norman homes; one has been on the market for months after the Rileys moved to their current house. Sportico also pointed out that Hefner—whose Twitter bio currently reads "Twitter Legend – Lincoln Riley Insider"—is an energy investor based in Oklahoma City.
While a random person has dropped news on Twitter before, chances are this deal isn't nearly as crazy as it appears. Hefner told Sportico that "someone who I do trust that is likely to have knowledge," and that the information "seems directionally correct."
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Since USC is a private institution, it doesn't have to reveal the financials of the contract. We may never know exactly what Riley will receive from the Trojans. But prying him away from a perennial college football playoff contender in Oklahoma must have required a pretty sweet deal.