Stephen Lew-USA TODAY Sports
The LSU athletic department has announced salary reductions and canceled bonuses for some staff members and coaches, along with several layoffs in the department due to an expected $80 million dollar shortfall in their budget. Per The Advocate:
quote:

In a statement, the LSU athletic department said it expects to lose $80 million in revenue. As a result, LSU announced department-wide reductions in compensation. Staff earning above $80,000 are subject to a 5% salary decrease in 2021, the athletic department won’t give bonuses to coaches and staff for one year and LSU will only approve new positions, promotions, salary adjustments and position replacements in "essential situations" through June 30, 2023.

Coaches and other employees with contracts have been asked to voluntarily reduce their annual salary by 5% next year. Athletic director Scott Woodward, football coach Ed Orgeron, baseball coach Paul Mainieri and others have agreed to the plan. Reducing Orgeron’s annual base salary of $6 million would create $300,000 for the athletic department.

LSU also eliminated several positions in the athletic department. In a press release, LSU athletics said it made the cuts to “streamline productivity, eliminate redundancies and create efficiencies throughout the department." Read more.
Filed Under: LSU Football

Comments

22 Comments
Maybe BLM can make up the difference with a nice donation.
Reply30 days
LJ
28 days
Could not have happened to a nicer bunch of spineless Marxist lovers. Something about reap and sow.
Reply30 days
Football funds a shitload of stuff that will have to be cancelled, or have Honor Code come up with the money. Wanting to maintain the male and female Tiddlywinks team does not fund it.
Reply1 month
You really hate to see it.
Reply1 month
My initial thoughts were, WTF took so long. My final thoughts are, they didn't take enough!
Reply1 month
This made all the socialist penises stand at attention at their full 3 inches.
Reply1 month
Political virus. How long will they play along? Another year of this and would be doubling down on stupid.
Reply1 month
get woke and go broke...echoed
Reply1 month
Sucks when you can't charge people $18 for some cold nachos
Reply1 month
Go woke, go broke.
Reply1 month
Thank God they didn't reduce Bo Pelini's salary more than 5%, or he might leave.
Reply1 month
Basically... "we aren't firing Bo, so stop asking"
Reply1 month
Democrats are salivating
Reply1 month
guess all the 80 year old consultants will be looking for work.
Reply1 month
Firing TigerRee could save them about $350.
Reply1 month
5% is a joke 25% for top paid coaches would be more in line with what the rest of the world would experience with a 50% failure rate
Reply1 month
6 million for O smh. I thought the binder said he would take less money to but the best coordinators in the land?
Reply1 month
mays
176
Pssst this one is gonna surprise you. He won the national championship last year. He got a nice raise for it.
1 month
Welp, Pelinis has job security for a couple years. I hope he turns it around anyways. Even if he doesn't, he's here to stay
Reply1 month
Starting to realize the Rant is soooo political. Pro-Repub. I get it, but damn everything is not bc someone is Dem or Repub. Both parties have extremes. Most people really are independent. The system, "for your vote to count," forces people to choose sides. Dont. And dont feed into the extreme narrative either side spews. Its getting ridiculous how polarizing people are, no more so than reading a thread on TD. Escapism is dying. Cant do anything now without someone bringing up political nonsense when talking about sports. Let players have a voice, its their prerogative, disagree if u must, but dont ridicule, "disown," become dejected about your love for a team, LSU, Pels, Saints, just bc of a const. right to express oneself and their views. Fwiw... Carry on.
1 month
What are you smoking irvchilldill
30 days
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