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Started By
Message
The buyout would be spread over 96 payments (8 years).
Posted on 11/22/15 at 10:25 am
Posted on 11/22/15 at 10:25 am
FYI. Hopefully people will realize LSU is not cutting a check for 15MM. Stop starting threads.
This post was edited on 11/22/15 at 10:38 am
15
Posted on 11/22/15 at 10:27 am to Smalls
1- how do you know?
2- 96 payments over how long? the 96 means little if the time is short.
2- 96 payments over how long? the 96 means little if the time is short.
Posted on 11/22/15 at 10:28 am to Smalls
15M is 15M no matter how you spread it out
Posted on 11/22/15 at 10:29 am to Smalls
quote:
FYI. Hopefully people will realize LSU is not cutting a check for 15MM. Stop starting threads.
You aren't spending $40k on car, you're spending $600/month blah blah
It's still $15m
Posted on 11/22/15 at 10:32 am to Smalls
Can we pay him one lump-sum payment in grass? We can give him all the grass in Tiger Stadium after the season ends and additional grass from all the parking lots on Nicholson too. He can just tell us where to pour it.
Posted on 11/22/15 at 10:33 am to Smalls
Ok, so its just 96 easy payments of $157k a month.
Posted on 11/22/15 at 10:33 am to TigerBait1127
It's still a very meaningful point. $15mm in one slug is a lot different than 96 installments of $156,250. It also may make it a point of negotiation in pushing him out.
Or half of it apparently.
Or half of it apparently.
This post was edited on 11/22/15 at 10:38 am
Posted on 11/22/15 at 10:33 am to Smalls
Read in an article this morning that half is due up front and the rest over 8 years.
Posted on 11/22/15 at 10:34 am to MSWebfoot
Easier pill to swallow than if they had to come up with it all at once
Posted on 11/22/15 at 10:34 am to LSU GrandDad
quote:
1- how do you know?
The Advocate.
quote:
2- 96 payments over how long? the 96 means little if the time is short.
8 years.
Posted on 11/22/15 at 10:34 am to Smalls
8 million would be upfront ,the rest in installments.
Posted on 11/22/15 at 10:36 am to crownNbull
quote:
half is due up front and the rest over 8 years
This.
Posted on 11/22/15 at 10:38 am to MSWebfoot
quote:
Ok, so its just 96 easy payments of $157k a month.
So Les can pay off my house every two months? Yeah that is not much.
Posted on 11/22/15 at 10:38 am to Smalls
That's why I think they'll negotiate cutting a check if they decide to can him. 6-8 million now or $15 mil over the next decade. Gives LSU a small bit of leverage.
Posted on 11/22/15 at 10:39 am to crownNbull
Link?
Posted on 11/22/15 at 10:42 am to Lou Pai
I get the point, but only idiots thought it would be lump sum
Posted on 11/22/15 at 4:54 pm to TigerBait1127
Because, yet another thread.
Posted on 11/22/15 at 4:57 pm to Smalls
Many people in this thread don't understand the Present Value/Future Value of money
Posted on 11/22/15 at 4:58 pm to justjoe906
quote:
15M is 15M no matter how you spread it out
That's not accurate, but the last thing I want to do is explain the time value of money to the tiger rant.
Posted on 11/22/15 at 4:59 pm to Smalls
Lol so many tards here have no idea what time value of money means
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