- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: nevermind
Posted on 11/30/15 at 9:23 pm to Kickadawgitfeelsgood
Posted on 11/30/15 at 9:23 pm to Kickadawgitfeelsgood
quote:
The only way LSU was liable for 15 mil is if Les couldn't find someone to employ him.
While that's true (and I suspect he would find another coaching job), there's no way to know for sure that would happen. The issue is about the perception of frivolous spending (which is exactly what a ton of people reading this board bitch about on a regular basis with respect to the govt).
3
Posted on 11/30/15 at 9:23 pm to AlexBox
(no message)
This post was edited on 1/10/21 at 11:32 pm
Posted on 11/30/15 at 9:24 pm to The Baker
That's not how this works.
That's not how any of this works.
That's not how any of this works.
Posted on 11/30/15 at 9:24 pm to The Baker
hp had a coach leave the team (or fired him, can't remember) because he wouldn't let huey give a halftime speech.
i'm sure all the players weren't ignorant socialist coon-asses who got scammed like a bunch of yats keeping perez in office.
i'm sure all the players weren't ignorant socialist coon-asses who got scammed like a bunch of yats keeping perez in office.
Posted on 11/30/15 at 9:27 pm to AlexBox
quote:
Would you have a problem with someone driving a BMW and using food stamps? That's King's concern
A private citizen accepting tax payer funds fraudulently cannot be compared to a private citizen spending their own money - legally - on anything he/she wants to.
If we can't have a top football program because too many people are too stupid to distinguish between responsible tax payer funding of education through government and the donations made from private citizens, then, well...crap.
I'm more concerned with a government employee (F King) who thinks its his job to dictate whether or not PRIVATE donors can fund - with THEIR money -- projects/coaches of THEIR state university that THEY fund with taxes THEY pay. (Especially since he is at one of the few universities that doesn't have to pay for athletics - in fact, athletics supports academics.)
Posted on 11/30/15 at 9:28 pm to EST
(no message)
This post was edited on 1/10/21 at 11:32 pm
Posted on 11/30/15 at 9:29 pm to Dead End
quote:
That's not how this works.
That's not how any of this works.
Posted on 11/30/15 at 9:30 pm to AlexBox
quote:
The issue is about the perception of frivolous spending
MF'ing this
Posted on 11/30/15 at 9:34 pm to AlexBox
quote:
While that's true (and I suspect he would find another coaching job), there's no way to know for sure that would happen
AD's talk in confidence every day. Alleva can find out the level of interest in Miles should he be let go. Speculation on my part, but there was little interest and this is why the deal fell apart.
Posted on 11/30/15 at 9:39 pm to AlexBox
quote:
If they raised and spent $15 million+ to get rid of a coach
It was $11 million paid over 8 years. If Miles got another job which he certainly would have, LSU might have paid him nothing. In all likelihood, LSU and Miles would have settled for a LOT less than the $11m.
Posted on 11/30/15 at 9:43 pm to The Baker
quote:
Lsu's opperating budget went from (2014-2015) $317,806,910 to $241,917,730 for this year. An 80 million dollar reduction in funding. You mean to tell me a 1.8 mil/year buyout, which is literally half of a % of the 2015 schools operating budget should cause concern for the state legislature? They took away almost 25% of our schools public funding OVERNIGHT and we're the ones who should be worried about looking bad to them? Someone giving me $100 in foodstamps is going to get pissed if I spend fifty cents on a BMW when $99.50 goes to food? Sorry but your anology sucks. (Esp when you take into account they are from seperate funds)
You clearly don't understand how any of this works, but even worse, you don't understand my simple analogy.
quote:
Someone giving me $100 in foodstamps is going to get pissed if I spend fifty cents on a BMW when $99.50 goes to food? Sorry but your anology sucks.
The issue isn't about spending $.50 cents out of $100 on a BMW. The issue is that if you need food stamps, you have no business driving a BMW to begin with. If you need food stamps, maybe you should get an 05 Corolla and live within your means and not spend money frivolously. If LSU spent that much money in this situation when the academic side of the institution is bleeding to death, a lot a people are (justifiably so) going to conclude that they can't be that in those dire of straits on the academic side if they have those kinds of resources to blow on athletics. Again, I know the funding is separate, but it's a perception problem and perception is reality sometimes.
Posted on 11/30/15 at 9:45 pm to The Baker
And that number is dependent on Les not getting another job, at which time it would offset the buyout.
So let's say he gets a job at $1mmUSD. We would have to pay $800k a yr. Guess what, that's $100k less than Alabama's 2015 recruiting budget ($980k), to put it in perspective.
The $1.8mmUSD per year is about 2x Bama's recruiting budget.
By the way, that is slightly more than 3x OUR recruiting budget for 2015 ($580k)
So let's say he gets a job at $1mmUSD. We would have to pay $800k a yr. Guess what, that's $100k less than Alabama's 2015 recruiting budget ($980k), to put it in perspective.
The $1.8mmUSD per year is about 2x Bama's recruiting budget.
By the way, that is slightly more than 3x OUR recruiting budget for 2015 ($580k)
Posted on 11/30/15 at 9:50 pm to LaBR4
Corrupt politician: "So, Mr. Alexander, why should we give LSU more money when you guys just spent 12-15 million to fire a coach?"
Alexander: "A private donor paid for that. LSU didn't spend a dime on the buyout."
Corrupt politician: "Couldn't that money have been better spent on the academic side of the university?"
Alexander: "Yes, but the private donor specified it was for a coaching change only. Since the coaching change has occurred, demand for tickets has increased as has merchandise sales. The recruiting class looks stabilized so it appears that LSU football can continue to provide record contributions to the academic side of the University - it was a smart investment that will payoff in the long run."
Corrupt politician: "Oh, ok. Can you make sure that I, as a Legislator, get premium tickets to the first playoff game? I've never been to an LSU game before."
Alexander: "Sure! Screw our loyal season ticket holders!"
_________________________________________________
or
_________________________________________________
Corrupt politician: So, Mr. Alexander, LSU needs more funding?
Mr. Alexander: "Yes. And I kept Les as coach to avoid the perception of LSU wasting taxpayer money on coaching changes."
Corrupt politician: "So, how did you end up spending that 12-15 million?"
Mr. Alexander: "We didn't. The private donor didn't give us 12-15 million for academics."
Corrupt politician: "Oh, private citizens are so immoral with their money"
Mr. Alexander: "I agree. If only we could tell them how to spend their own money"
Alexander: "A private donor paid for that. LSU didn't spend a dime on the buyout."
Corrupt politician: "Couldn't that money have been better spent on the academic side of the university?"
Alexander: "Yes, but the private donor specified it was for a coaching change only. Since the coaching change has occurred, demand for tickets has increased as has merchandise sales. The recruiting class looks stabilized so it appears that LSU football can continue to provide record contributions to the academic side of the University - it was a smart investment that will payoff in the long run."
Corrupt politician: "Oh, ok. Can you make sure that I, as a Legislator, get premium tickets to the first playoff game? I've never been to an LSU game before."
Alexander: "Sure! Screw our loyal season ticket holders!"
_________________________________________________
or
_________________________________________________
Corrupt politician: So, Mr. Alexander, LSU needs more funding?
Mr. Alexander: "Yes. And I kept Les as coach to avoid the perception of LSU wasting taxpayer money on coaching changes."
Corrupt politician: "So, how did you end up spending that 12-15 million?"
Mr. Alexander: "We didn't. The private donor didn't give us 12-15 million for academics."
Corrupt politician: "Oh, private citizens are so immoral with their money"
Mr. Alexander: "I agree. If only we could tell them how to spend their own money"
Posted on 11/30/15 at 9:51 pm to I20goon
quote:
The $1.8mmUSD per year
$1.375 million
Posted on 11/30/15 at 9:52 pm to AlexBox
quote:
Again, I know the funding is separate, but it's a perception problem and perception is reality sometimes.
Only when people are or choose to be ignorant.
Posted on 11/30/15 at 9:56 pm to AlexBox
(no message)
This post was edited on 1/10/21 at 11:31 pm
Posted on 11/30/15 at 9:56 pm to EST
X10000000 all of that but that would require someone with a backbone.
Posted on 11/30/15 at 9:57 pm to The Baker
quote:
His analogy is wrong.
I can explain it to you, but I can't understand it for you.
I assure you that my analogy is very accurate to King's concerns.
Posted on 11/30/15 at 9:58 pm to EST
quote:
Only when people are or choose to be ignorant
and who do you think elects politicians...
Posted on 11/30/15 at 10:00 pm to AlexBox
quote:
(which is exactly what a ton of people reading this board bitch about on a regular basis with respect to the govt).
It's not the government - LSU football MAKES money for the University.
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News