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Started By
Message
Les Miles Buyout
Posted on 11/24/15 at 5:50 pm
Posted on 11/24/15 at 5:50 pm
For the sake of discussion, let's assume Les is terminated Monday after the A&M game.
Let's assume he is hired at another school mid Dec for approximately the same salary, 4.5 mil annually.
Does he still get the full $15 mil from LSU?
2
Posted on 11/24/15 at 5:51 pm to COTiger
No.
Posted on 11/24/15 at 5:55 pm to Tunasntigers92
quote:
No.
Correct...My understanding is he's due the 15 Million payable over the next 8 years...Anything he makes coaching elsewhere is subtracted from what is owed him.
Posted on 11/24/15 at 5:59 pm to Moots
quote:
he's due the 15 Million payable over the next 8 years...Anything he makes coaching elsewhere is subtracted from what is owed him.
So he sits on his arse or goes on ESPN for 8 years then retires. Its not a bad gig if you can get it.
Posted on 11/24/15 at 5:59 pm to Moots
Thanks. If I was Les I'd take the $15 mil and negotiate with ESPN to replace Corso.
Posted on 11/24/15 at 6:00 pm to COTiger
Does he have any obligation to mitigate, i.e. try to get another job? Does not sound like he does.
Posted on 11/24/15 at 6:01 pm to Doyle McPoyle
I don't think so.
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