- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Les Miles' contract - why the buyout would cost Zero or close to it.
Posted on 12/10/15 at 1:16 pm to The Mick
Posted on 12/10/15 at 1:16 pm to The Mick
Regarding the fact the Miles had to seek new employment, which would offset some buyout costs, I am guessing that Miles was not planning to coach again and LSU knew that. Which means the buyout amount would have remained high.
4
Posted on 12/10/15 at 1:22 pm to Chicken
quote:
Regarding the fact the Miles had to seek new employment, which would offset some buyout costs, I am guessing that Miles was not planning to coach again and LSU knew that. Which means the buyout amount would have remained high.
I thought he had to make a goodwill effort to seek employment to get the buyout
Posted on 12/10/15 at 1:23 pm to Chicken
quote:
I am guessing that Miles was not planning to coach again and LSU knew that
So is this strictly a case of he'll keep coaching as long as it's at LSU, doesn't want to start over? He can't just retire because he's leaving a ton of money on the table, so what, rock and a hard place for both sides?
Posted on 12/10/15 at 1:25 pm to Chicken
He does have to "make an effort" but you're right. If he doesn't coach again then it would become a negotiation about his "effort" to seek employment and a settlement figure.
Posted on 12/10/15 at 2:11 pm to Chicken
quote:
I am guessing that Miles was not planning to coach again and LSU knew that.
Exactly what I was going to post.
As to the "goodwill effort", simply demanding a salary comparable to his LSU salary would probably get him eliminated shortly after the interview process, if not before.
Anyone who has ever negotiated contracts or even bid on jobs they didn't want knows that you can use economics to get a "favorable" decline of services.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News