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re: Does CEO really have a 12 million buyout?
Posted on 9/18/17 at 8:51 pm to Fat Bastard
Posted on 9/18/17 at 8:51 pm to Fat Bastard
Will bump thread every hour of every day until Alleva is gone.
1
Posted on 9/18/17 at 9:05 pm to countryboy2
it really is surreal.
Posted on 9/18/17 at 9:11 pm to OceanMan
quote:in w world that contains three football coaches in total your rationale is solid.
folks need to realize that we he hitched our trailer to the wrong horses, we got turned down and had to settle
We however live in a nation with 100 better choices. O was going to be lucky to be employed. He had no leverage
Posted on 9/18/17 at 9:18 pm to memphis tiger
Unless they have cause to fire him, LSU is fricked for the foreseeable future. Honestly, just have him framed for calling up escort services and save everyone the headache of the next 5 years of horrific football. 
Posted on 9/18/17 at 9:21 pm to memphis tiger
What can you do about it? Alleva is apparently not only the AD, but also a vice chancellor... I don't know how he maneuvered himself into that position, or are there several VCs? Anyway, that's an unusual title to be associated with an AD, and it would not be that easy to get rid of him if it carries weight.
Posted on 9/18/17 at 9:36 pm to memphis tiger
Even if buyout was smaller alleva kindof handcuffed. If we fire the coach after 1 year after a regime change and a new staff coming in it's a bad road to go down. Who would come then ?? The only way is fire the AD which is almost an automatic HC move anyway or at least a big fail this year and next. We're in this for 2-3 years and gotta hope this staff gets it together. With a lot of pressure on O and the program I don't see Raymond staying. He's a very hot commodity and someone may take a chance and offer him a D.C. Job.
Posted on 9/18/17 at 9:40 pm to Chad504boy
quote:The 2 years is not. That will translate to the better part of a decade of rebuilding.
8.5 buyout after 2 years is manageable
The same soccer moms who kept Les around to frick up yet another season, wanted this idiot. Feelings, not logic.
And to the guy who thinks he's a contract genius, if O or his agent had demanded anywhere neat that level of a buyout, I'd laugh them out of my office. I guarantee that within 12 hours they'd come crawling back. If not, good. I'd be able to go get an actual, good coach.
Posted on 9/18/17 at 9:55 pm to blueboy
Use your brains guys.
Alleva realized he and O were attached at the hip. It only benefitted Alleva's job security to keep O around as long as possible to give him a long term chance of succeeding.
As soon as O is out so is Alleva.
The real head scratcher is why Alexander (probably greased in one way or another) and the BOS (poor leadership) approved this ridiculous buyout.
Mind numbingly stupid.
Alleva realized he and O were attached at the hip. It only benefitted Alleva's job security to keep O around as long as possible to give him a long term chance of succeeding.
As soon as O is out so is Alleva.
The real head scratcher is why Alexander (probably greased in one way or another) and the BOS (poor leadership) approved this ridiculous buyout.
Mind numbingly stupid.
Posted on 9/18/17 at 10:07 pm to Alatgr
I could be wrong but I just looked it up and it's a 5yr contract not 3. I've been curious as to why people keep saying 3yrs.
Posted on 9/18/17 at 10:08 pm to Alatgr
I do believe it's a 5yr contract. Just looked it up.
Posted on 9/18/17 at 10:10 pm to lrlafayette
I'm a little more perplexed by the 5 year contract than the big buyout. 5 years on a completly unproven coach?!?!?
Posted on 9/18/17 at 10:25 pm to gsvar2004
He traded salary for a guaranteed payout
Remember the narrative was he was giving up salary for aranda and the new OC
Remember the narrative was he was giving up salary for aranda and the new OC
Posted on 9/18/17 at 10:41 pm to SoloTiger
Solo, sad to say it, but I think you are spot on.
Posted on 9/18/17 at 10:48 pm to memphis tiger
I still can't believe this..... we have to have the all time worst AD in the history of NCAA. Dude must go! He has taken LSU down so hard with this move.
How the F do you give a coach with such a bad track record as Zero such a buyout?? This has to be wrong?
How the F do you give a coach with such a bad track record as Zero such a buyout?? This has to be wrong?
Posted on 9/18/17 at 10:51 pm to NAsh-vegas Tigah
It's a pretty standard contract. If he isn't worth a standard contract then the problem isn't the contract.
Posted on 9/18/17 at 10:53 pm to supatigah
quote:
He traded salary for a guaranteed payout
ok so once this season is done he is guaranteed 15 million regardless what happens moving forward based on contract and buyout.
Posted on 9/18/17 at 10:57 pm to blueboy
I had zero leverage
None
Yet they still pay him
None
Yet they still pay him
Posted on 9/18/17 at 11:00 pm to Fat Bastard
quote:
once this season is done he is guaranteed 15 million regardless what happens moving forward based on contract and buyout.
I am heading to BTR as fast as I can to negotiate a contract with LSU for anything I possibly can, whether they need it or not, I can't lose!
Posted on 9/18/17 at 11:11 pm to SoloTiger
quote:
Alleva realized he and O were attached at the hip. It only benefitted Alleva's job security to keep O around as long as possible to give him a long term chance of succeeding.
This is a good point. But then, why did Alleva hire O in the first place if he had so little faith? Most ADs would hire a coach they have confidence in, but still retain the ability to fire him.
Does this mean maybe Alleva didn't actually want O but was pressured into the hire?
Posted on 9/18/17 at 11:12 pm to Draconian Sanctions
quote:
really is the most boneheaded and unbelievable aspect of a saga that had a shitload of such moments
I still can't understand what made them agree to that. What was so going to do, walk away? Lol
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