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re: Les get $125,000 per month
Posted on 9/29/16 at 2:18 pm to toothfxr92
Posted on 9/29/16 at 2:18 pm to toothfxr92
Don't know if I could make ends meet on that
Posted on 9/29/16 at 2:36 pm to Jim Rockford
quote:
Pat Summitt
quote:
She, and now her son, gets $173K for life.
You mean she did get 173K...
Posted on 9/29/16 at 3:22 pm to lsufan1971
It's basically why Bama got Kiffin so cheap.
Posted on 9/29/16 at 3:30 pm to Datbayoubengal
quote:
It's basically why Bama got Kiffin so cheap.
Yep his USC payout ended last summer and Bama doubled his salary once he was off the Trojan payroll.
Posted on 9/29/16 at 3:35 pm to KC Tiger
quote:
I don't think that's how it works. Many standard contracts contain a covenant that terminates a buyout if a new contract is more than the buyout amount (i.e. If Les signs a contract with Penn State for 1M a year LSU would own him 500,000/year for the life of the buyout. If Les signs a contract with Penn State for 2M/year LSU would owe him nothing).
Your correct I had it wrong. It is a bargaining chip for Miles. He can take "Les" money from a new school and let LSU subsidize his new gig. IF its a smaller school or an FCS program.
Posted on 9/29/16 at 3:45 pm to Solo Cam
He still gets a minimum of 125K/month. Another job would only offset where the money is coming from.
Posted on 9/29/16 at 3:52 pm to lsufan1971
quote:
Your correct I had it wrong. It is a bargaining chip for Miles. He can take "Les" money from a new school and let LSU subsidize his new gig. IF its a smaller school or an FCS program.
I'll bet he gets a gig in a power 5 conference and will be paid more then 1.5MM per year. The man is not as bad of a couch as we like to think he is. There are tons of schools that would pay for 9-3 season every year. It would be even better if he ends up in a shitty conference with less real competition.
Posted on 9/29/16 at 4:17 pm to Bayoutigre
quote:
Saban can hire Les for $1.00 a year
I'll put up the $1.00 to make that happen....
Posted on 9/29/16 at 4:35 pm to EPORE
quote:
He could line up as many speaking engagements as he wanted for $125,000 a pop. Not to mention SEC Network/ ESPN etc, they will throw some bank at him without a doubt. Bottom line--he is certainly not going to be lacking in any way financially...
He is not Hillary Clinton people don't just pay people 125k to talk for an hour.
This post was edited on 9/29/16 at 4:36 pm
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