Les Miles' Buyout

Yes, it would be nice if Les found employment.

quote:

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Miles is leading candidate for Norte Dame job and second behind Herman for Texas job.

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Is this true? Shocking if so.

He must actively try to get a job.

Yes for sure. The better the job he lands the better it is for LSU.

No. Miles isn't that highly regarded at this point. Other than his first three years here when he rode Saban's roster to a nice run , he had one really good year which ended in total humiliation. In the 5 years since, it was a marked decline. That fact isn't lost on people making those types of decisions at major universities

[link=(No. Miles isn't that highly regarded at this point. Other than his first three years here when he rode Saban's roster to a nice run , he had one really good year which ended in total humiliation. That fact isn't lost on people making those types of decisions at major universities)]No. Miles isn't that highly regarded at this point. Other than his first three years here when he rode Saban's roster to a nice run , he had one really good year which ended in total humiliation. That fact isn't lost on people making those types of decisions at major universities[/link]

Actually reality is contrary to your wrong opinion. They also see overall success rate from 2005-2012, the 2007 AND 2011 seasons and when there was a drop off he still won 8 games a year minimum. Then of course there is his recruiting prowess. He may not get those jobs but there are those out there whose opinions matter more than yours (and mine for that matter) who would have a better sentiment toward Miles. But that is OK you can be wrong. It does not make you a lesser human being:).

Not only comes in as a great recruiter, but has the personal character that brings honor to a program. You won't find Les on a motorcycle with his gf, whom he unlawfully hired as his assistant and lied about her presence at a crash scene.

It's not the difference between new salary and salary at LSU. LSU only owes him about 1.5 mil a yr. so anything over that he makes will cancel his check from LSU for that year

All of you are assuming that Miles and LSU didn't sign a settlement on his buyout. Normally, in these type of contract negotiations, the coach is willing to take a smaller amount in settlement knowing that he doesn't have to offset the buyout in the future against future salary. I am not saying that took place in Les Miles' situation, but it could have taken place. I've read what his contract says (it is a public record document), but I have not seen any signed settlement.

In any event, if they didn't sign a settlement, Les Miles has an obligation to mitigate his damages - which means he must seek employment and be paid fair market value for his services (no $1 a year contract). If his contract was not fair market value, LSU could argue that their buyout amount is reduced by what fair market value should be. That normally results in litigation or settlement.

In case someone questions this - I do this for a living (I am an attorney), so I familiar with how this works.