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Started By
Message
re: Ed Orgeron’s buyout is not too bad
Posted on 10/3/17 at 9:43 pm to TGK4LSU
Posted on 10/3/17 at 9:43 pm to TGK4LSU
quote:
He isn't going anywhere. Hold your nose for two or three years
yeah well if LSU is that stupid they deserve all the fallout they will get and LOST REVENUE...because believe me IT IS COMING!
1
Posted on 10/3/17 at 9:45 pm to Macavity92
Then you pay it.
Posted on 10/3/17 at 9:48 pm to doubleb
quote:
You would have to buy out Alleva, O, all the assistants and continue to pay Miles and Jones and you get the picture.
All of you multi-billionaires out there ought to join together and do it yourselves.
Here is the financial picture:
1. Miles buy out
2. Jones buy out
4. Orgeron buy out
5. Alleva buy out
6. New coach salary
7. Probable Aranda buy out because it is likely the new guy wants his own DC
8. Probable Canada buy out (see above)
9. Since LSU will go after a currently employed "big name", pay the new guy's buy out.
10. Miscellaneous other employees of the football operations that might have contracts
That amounts to a boat load of money.
Time to taste a little reality, rare around here.
Posted on 10/3/17 at 9:51 pm to Gray Tiger
quote:
That amounts to a boat load of money.
Time to taste a little reality, rare around here.
Well, that's just it, isn't it?
Programs like Alabama, Ohio State and Michigan did what it takes to be successful winning programs. They took their lumps, ponied up and spent big money to get big time coaching talent. They're reaping the rewards right now, with wins, national prestige and the revenue that comes from it.
If LSU wants to be a national player in football, they'll need to spend a lot of money to get there. Does the school want to be back in the discussion among the best, or are they content to just sell some tickets and make money?
That's the million dollar question, IMO.
Posted on 10/3/17 at 10:04 pm to Macavity92
Give it a rest... please.
Posted on 10/3/17 at 10:08 pm to drdoct
Would you say no? Who approved & signed off on it ? That's who You should be mad at
Posted on 10/3/17 at 10:13 pm to TheHat7
Here is the solution. Hire Miles back, fire O.
Mile's buyout is contingent on "looking for a job." Offer him two-three years at "O"s salary. If he turns it down, he forfeits his buyout. If he accepts, reroute his buyout money to O.
Brilliant.
Mile's buyout is contingent on "looking for a job." Offer him two-three years at "O"s salary. If he turns it down, he forfeits his buyout. If he accepts, reroute his buyout money to O.
Brilliant.
Posted on 10/3/17 at 10:20 pm to BornKjun
quote:
He's not going anywhere
He's gone if people don't go to the game or buy tickets.
Posted on 10/3/17 at 10:22 pm to Fat Bastard
quote:
let him have a losing record. a record not seen since 1999. when LSU had NO MONEY and CRAP FACILITIES DINARDo ONLY was allowed TWO losing seasons. you think O gets more than one losing season? now?
Those weren't his first two years. Morris Watts and Carl Reese left and DiNardo's defense went to down the drain. After a year, the offense wasn't very good either.
Yes. I do think he can survive a losing season. Not sure he will but he definitely can.
He's certainly not getting fired this week or next.
Time will telll.
Posted on 10/3/17 at 10:55 pm to RuLSU
quote:
That's the million dollar question, IMO.
Actually that is a multi-million dollar question.
There is a finite supply of said money. Cash spent on a new football coach and all that would entail would have to come from other sports and obligations.
For all of you chest thumpers that say, "just spend the damn money"; where does it come from?
Are LSU fans willing to spend more for tickets for all sports to pay for a new football coach? Football fans how much more will you pay per game? $20? $40? $50? $100?
How much more should baseball, basketball, softball, gymnastic,etc fans have to shell out for this coach?
Tough questions.
Posted on 10/3/17 at 10:56 pm to phi1514
quote:
If they would just ask the fans, I would imagine there would be plenty (myself included) willing to contribute a few hundred towards the buyout in order to preserve our beloved program! 100k folks donate $100 each...
Why do people post stuff like this? Why should the fans hold the bag for someone else's collosal frick up? In fact, The average LSU fan would have made a better hire than Alleva.
Posted on 10/3/17 at 11:01 pm to Gray Tiger
You have to compartmentalize, because the rest of that doesn't matter in deciding O's future.
If it costs more to keep O than it does to fire O, O will be gone. And the math is becoming increasingly easier by the day to figure out which one of those is higher.
All that said, O is secondary to the first change. Joe Alleva will not be making any more hires or fires at LSU. Orgeron might get one more year just due to the timing of getting a new AD in here. But once the new AD is announced, all bets are off for O.
And if by some miracle O gets this thing turned around while we're getting the new AD in place, then we're golden. He won't, but I guess theoretically it's possible.
If it costs more to keep O than it does to fire O, O will be gone. And the math is becoming increasingly easier by the day to figure out which one of those is higher.
All that said, O is secondary to the first change. Joe Alleva will not be making any more hires or fires at LSU. Orgeron might get one more year just due to the timing of getting a new AD in here. But once the new AD is announced, all bets are off for O.
And if by some miracle O gets this thing turned around while we're getting the new AD in place, then we're golden. He won't, but I guess theoretically it's possible.
This post was edited on 10/3/17 at 11:04 pm
Posted on 10/3/17 at 11:04 pm to Fat Bastard
Wait until the stands look as empty as they did during the Hallman years - except that this time there'll be more seats unoccupied.
Posted on 10/3/17 at 11:14 pm to JPLSU1981
quote:
You have to compartmentalize, because the rest of that doesn't matter in deciding O's future.
I'm responding to the OP's position. Ed Ogeron's buyout is indeed too bad because it doesn't exist in a vacuum. The athletic department is interdependent. When you suck out a huge amount of money to bail out one sport everybody will suffer.
quote:
If it costs more to keep O than it does to fire O, O will be gone. And the math is becoming increasingly easier by the day to figure out which one of those is higher.
I'd like to see your financial projections to back that up. What exactly is the break point?
TIA
Posted on 10/3/17 at 11:21 pm to Rouge
quote:. Maybe, but I wouldn't completely rule it out if this thing goes down the tubes like some think it can. If they get blowed out by Florida the Auburn crowd will be embarrassing. I could see it happening if the crowds are bad at enough. But I think JA will get fired first.
Paying miles + paying orgeron + buying third coach out of contract + paying third coach Is that this topic is an exercise in futility
Posted on 10/3/17 at 11:24 pm to Macavity92
$10 would be bad. $12 million to s unconscionable! You don't give big buyouts to any head coach. You only give them to coaches with LOTS of bargaining power. Ed O had ZERO bargaining power. His deal should have been:
Interim coach at the same salary $600,000 that he already had.
If he kills it we might make him permanent with a bigger salary.
If we choose not to make him permanent O gets a $300,000 bonus.
His first year salary as HC should have been $1.5 million
Second year $2.0 million
Third year $3.0 million
No buyout
Interim coach at the same salary $600,000 that he already had.
If he kills it we might make him permanent with a bigger salary.
If we choose not to make him permanent O gets a $300,000 bonus.
His first year salary as HC should have been $1.5 million
Second year $2.0 million
Third year $3.0 million
No buyout
Posted on 10/3/17 at 11:27 pm to Penrod
The head coach would have to make more than his highest paid assistant.
Posted on 10/3/17 at 11:38 pm to Gray Tiger
quote:
When you suck out a huge amount of money to bail out one sport everybody will suffer.
None of the other the other sports would exist without the revenue brought in by football except for basketball and baseball, but those two only pay for themselves. Fielding a competitive football team should be the #1 priority of any competent athletic department.
Posted on 10/3/17 at 11:40 pm to Gray Tiger
quote:
There is a finite supply of said money. Cash spent on a new football coach and all that would entail would have to come from other sports and obligations.
Maybe I'm misunderstanding but those other sports can't afford for LSU to not be profitable.
quote:
The Tigers banked $48.5 million in net revenue from football in 2012-2013 – plenty to cover the $15.7 million lost by sports other than football and men’s basketball (which had $2.6 million in net revenue). However, LSU also reported $50 million in expenses not attributed to just one sport, offset by only $26.9 million in non-attributed revenue.
Like the other four athletic departments I’ve detailed at the top of this list, LSU contributed back to the University for non-athletic initiatives. The Tigers inked a check for $4.7 million and ended the 2012-2013 reporting year $7.5 million in the black.
Most profitable football programs
I think if it gets bad enough they have to spread the payments out and go all out on a proven coach and AD. They'll make the money back later. People want to be involved with winners. It's why so many people have become Bama bandwagon fans. Academics and other sports all prosper when football does.
Posted on 10/4/17 at 12:00 am to RosyFinchBOYZ
quote:
None of the other the other sports would exist without the revenue brought in by football except for basketball and baseball, but those two only pay for themselves. Fielding a competitive football team should be the #1 priority of any competent athletic department.
I'm not disputing that.But how do these other sports and football handle a huge drain on the cash? I don't think you can put this amount of money on your Visa and pay it off some time way down the line. The point is that the complete picture on what has to be paid out is staggering right now.
It isn't merely a matter of Orgeron's buy out.
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