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re: So do Nebraska fans feel like they will ever rise again? Will we rise again?

Posted on 10/5/17 at 6:42 pm to
Posted by ShreveportTiger1987
Shreveport
Member since Jan 2014
5494 posts
Posted on 10/5/17 at 6:42 pm to
Holy shite.. that thought never crossed my mind. So, I admittedly don't know much abt buyout clauses, paying them when fired, etc.. so if someone hires Miles, LSU is off the hook for the rest of his buyout?? So the payments to Les will stop if he's hired, correct?
Posted by Tiger Voodoo
Champs 03 07 09 11(fack) 19!!!
Member since Mar 2007
21788 posts
Posted on 10/5/17 at 6:44 pm to
We would have to make up the difference if his salary was less than what he would have made here.

But yeah, it would likely be a negligible amount.


He has contacts there with his son having been recruited. He's known well by the admin, and if anyone can recruit the Midwest and nationally at a school with the historical prestige that Nebraska has, it's CLM.
This post was edited on 10/5/17 at 6:46 pm
Posted by Tunasntigers92
The Boot
Member since Sep 2014
23658 posts
Posted on 10/5/17 at 6:44 pm to
It would essentially seal O's fate
Posted by tlsu15
Capital of Texas
Member since Aug 2011
10051 posts
Posted on 10/5/17 at 6:46 pm to
His salary will be deducted from the buyout.

So let’s say LSU owes him 10 million dollars. If another school gives him a contract totaling 9 million - lsu only has to pay the remaining one million.

It’s the fastest solution to getting rid of O.
Posted by rbdallas
Dallas, TX
Member since Nov 2007
10340 posts
Posted on 10/5/17 at 6:47 pm to
quote:

Holy shite.. that thought never crossed my mind. So, I admittedly don't know much abt buyout clauses, paying them when fired, etc.. so if someone hires Miles, LSU is off the hook for the rest of his buyout?? So the payments to Les will stop if he's hired, correct?


I do not think so. LSU would pay the difference only ...at least that's how it usually works IMO
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
27782 posts
Posted on 10/6/17 at 1:56 pm to
quote:

Holy shite.. that thought never crossed my mind. So, I admittedly don't know much abt buyout clauses, paying them when fired, etc.. so if someone hires Miles, LSU is off the hook for the rest of his buyout?? So the payments to Les will stop if he's hired, correct?



Two things that will not happen this year or next
1) LSU winning the SEC or SEC West
2) Les Miles working as a coach in college football...or pro
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