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LSU Athletics Announces Salary Reductions, Cancelled Bonuses For Coaches, & Staff Layoffs

by Staff Reporter

October 29, 202022 Comments

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.

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Filed Under: LSU Football

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22 Comments

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GardenDistrictTiger•54 months

Maybe BLM can make up the difference with a nice donation.

Vernonbrew22•54 months

CDawson•54 months

Could not have happened to a nicer bunch of spineless Marxist lovers. Something about reap and sow.

Hangit•54 months

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.

FATBOY TIGER•54 months

You really hate to see it.

ByUselves•54 months

My initial thoughts were, WTF took so long. My final thoughts are, they didn't take enough!

CanebreakCajun•54 months

This made all the socialist penises stand at attention at their full 3 inches.

Lebowski•54 months

Political virus. How long will they play along? Another year of this and would be doubling down on stupid.

burke985•54 months

get woke and go broke...echoed

luciouslou•54 months

Sucks when you can't charge people $18 for some cold nachos

tigerfan63•54 months

Go woke, go broke.

Jabontik•54 months

Thank God they didn't reduce Bo Pelini's salary more than 5%, or he might leave.

Drew Brews•54 months

Basically... "we aren't firing Bo, so stop asking"

KennabraTiger•54 months

Democrats are salivating

FLObserver•54 months

guess all the 80 year old consultants will be looking for work.

PsychTiger•54 months

Firing TigerRee could save them about $350.

ccomeaux•54 months

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

Cosmo•54 months

6 million for O smh. I thought the binder said he would take less money to but the best coordinators in the land?

mays•54 months

Pssst this one is gonna surprise you. He won the national championship last year. He got a nice raise for it.

colbyjackcheese•54 months

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

irvchilichill1•54 months

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.

Vernonbrew22•54 months

What are you smoking irvchilldill