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Per Dellenger: No buyout in Wade's contract ETA: Contract must be paid in full

Posted on 8/7/17 at 4:16 pm
Posted by Broski
Member since Jun 2011
71245 posts
Posted on 8/7/17 at 4:16 pm
quote:

Ross Dellenger
@RossDellenger
News: #LSU's contract with Will Wade is 6 years & is worth $15 million ($2.5 a year).

No buyout for either side.


That seems odd.
This post was edited on 8/7/17 at 10:56 pm
Posted by VermilionTiger
Member since Dec 2012
37613 posts
Posted on 8/7/17 at 4:16 pm to
He gone
Posted by Sev09
Nantucket
Member since Feb 2011
15571 posts
Posted on 8/7/17 at 4:17 pm to
He'll get a new contract in two years.
Posted by LSUminati
Member since Jan 2017
3387 posts
Posted on 8/7/17 at 4:17 pm to
Buyouts usually protect coaches more than anything. If anything, this is LSU friendly.
This post was edited on 8/7/17 at 4:18 pm
Posted by firejohnbrady
Chocolate City
Member since Dec 2007
861 posts
Posted on 8/7/17 at 4:18 pm to
It's not odd when you realize idiot Joe Alleva is our AD. His career is the definition of failing upward.
Posted by HarrisLetsRide
Member since Jan 2015
1481 posts
Posted on 8/7/17 at 4:19 pm to
They may need to renogotiate mid season. WW might possibly be the greatest hire in LSU sports history.
LSU will be in Final Fours for the foreseeable future imo!!
Posted by The Hurricane
Gulf of Mexico
Member since Aug 2011
7989 posts
Posted on 8/7/17 at 4:26 pm to
Wade would owe remainder of his contract if he left and LSU would pay remainder if fired.
LINK
Posted by JustSmokin
Member since Sep 2007
9151 posts
Posted on 8/7/17 at 4:33 pm to
I'm okay with no buyouts. No point in forcing coaches to stay if they want to be elsewhere. Schools with resources can afford the buyout.

I really wish our football coach didn't have a buyout, too.
Posted by Smalls
Southern California
Member since Jul 2009
10245 posts
Posted on 8/7/17 at 4:43 pm to
quote:

No buyout in Wade's contract


quote:

Wade, 34, would owe the school his remaining salary if he were to leave for another job, and the school would owe him the entire amount if he were to be fired.


This may be the most misleading thread ever.
Posted by Hot Carl
Prayers up for 3
Member since Dec 2005
59334 posts
Posted on 8/7/17 at 5:36 pm to
So no buyout except for the maximum buyout.
Posted by LSU Groupee
Member since Oct 2012
4026 posts
Posted on 8/7/17 at 5:53 pm to
quote:

($2.5 a year).


Our football coach gets 3.5 and basketball coach gets 2.5 million? Something seems odd in that.
Posted by The Pirate King
Pangu
Member since May 2014
57826 posts
Posted on 8/7/17 at 8:57 pm to
Gamblin' Joe scores again. Basically Wade can say "frick it" and bounce whenever he wants without a new school even having to think about buying him out. Just great.
Posted by buccaneer88
San Antonio, TX
Member since Nov 2016
666 posts
Posted on 8/7/17 at 9:09 pm to
Reading comprehension problems OP?
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