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Canada settlement agreement states he cannot interfere with football activities

Posted on 1/10/18 at 5:52 pm
Posted by sicboy
Because Awesome
Member since Nov 2010
77619 posts
Posted on 1/10/18 at 5:52 pm
Or he forfeits his $1.7M

LINK

quote:

Matt Canada’s settlement with LSU could be voided if the former offensive coordinator “interferes” in the football program’s activities or if he “discourages” players or staff in the transition to a new coordinator.

He also cannot “interfere” with LSU prospects, some of whom he once recruited.

The Advocate obtained the eight-page separation agreement through a public records request, a document that ended a sometimes messy 12-month marriage between the school and Canada. Officially, Canada’s final day with the school was Tuesday. The agreement official terminated his original contract with LSU on Wednesday.

The coach will be paid $1.7 million of the $3.4 million left on his contract. He will get a lump sum of $1 million before the end of this month, and the school will pay the remaining amount in 20 monthly installments of $35,000. Those payments begin Feb. 28, according to the agreement.

In the settlement, both sides – LSU and Canada – agreed on non-disparagement clauses, forbidding them from making public statements that “defame, disparage or criticize” one another. The non-disparagement provision is a “material provision of the agreement and that any breach of this shall be a material breach of his agreement and that (Canada/LSU) would be harmed by violation of (the) provision.”

The two sides also agreed on a “waiver of claims,” both agreeing to never bring a lawsuit against the other.






Posted on the rant as well.


Tenth, would this lend any credence to the talk that Canada had been running his mouth about LSU?
Posted by wildtigercat93
Member since Jul 2011
112335 posts
Posted on 1/10/18 at 5:55 pm to
Seems like this would be pretty standard buyout language
Posted by TigerstuckinMS
Member since Nov 2005
33687 posts
Posted on 1/10/18 at 5:57 pm to
THEY COULDN'T EVEN SPELL THE NAME OF THE SCHOOL CORRECTLY.

Clown. Show.
This post was edited on 1/10/18 at 5:58 pm
Posted by TenthTiger
Member since Jan 2018
262 posts
Posted on 1/10/18 at 5:57 pm to
This is actually very interesting. But its all run of the mill buyout conditions.
Posted by Gris Gris
OTIS!NO RULES FOR SAUCES ON STEAK!!
Member since Feb 2008
47386 posts
Posted on 1/10/18 at 5:59 pm to
Pretty embarrassing that the school name is spelled incorrectly. Who drafts these contracts for LSU?
Posted by sicboy
Because Awesome
Member since Nov 2010
77619 posts
Posted on 1/10/18 at 5:59 pm to
Ok. I know you've stated before that would be career suicide and of course he wouldn't be doing that, but I didn't know if that was standard settlement language.
Posted by TenthTiger
Member since Jan 2018
262 posts
Posted on 1/10/18 at 6:02 pm to
Had he bad mouthed LSU to a recruit, he wouldnt of gotten a cent.
Posted by beauchristopher
new orleans
Member since Jan 2008
65968 posts
Posted on 1/10/18 at 6:04 pm to
I asked this day one

He probably can’t even give any details or what went down

Posted by beauchristopher
new orleans
Member since Jan 2008
65968 posts
Posted on 1/10/18 at 6:05 pm to
Exactly

I don’t believe for a second he bad mouthed LSU

This is more to prevent him from saying anything

Posted by More beer please
Member since Feb 2010
45052 posts
Posted on 1/10/18 at 6:44 pm to
I bet it’s standard. But it wouldn’t surprise me if Ed put it in there bc he’s clearly a paranoid control freak.
Posted by massiveattack
CharLIT/Chapel Chill
Member since Oct 2010
11555 posts
Posted on 1/10/18 at 7:51 pm to
Obvious Canada isn’t innocent in all this if he left that much money on the table. He must’ve fricked up

“I’m owed 3.3, but 1.7 sounds good”

Lol yeah right
This post was edited on 1/10/18 at 7:52 pm
Posted by SportTiger1
Stonewall, LA
Member since Feb 2007
28504 posts
Posted on 1/10/18 at 7:57 pm to
Perhaps he wanted out as bad as LSU wanted him out? And both sides negotiated it down to 50%. Seems logical
Posted by massiveattack
CharLIT/Chapel Chill
Member since Oct 2010
11555 posts
Posted on 1/10/18 at 8:16 pm to
It’s not logical when his contract said he’s owed twice that. He could’ve said kick rocks. LSU had no leverage to reduce it unless he did something. You didn’t see Les negotiating to take less money.

This post was edited on 1/10/18 at 8:23 pm
Posted by Macavity92
Member since Dec 2004
5981 posts
Posted on 1/10/18 at 8:32 pm to
quote:

It’s not logical when his contract said he’s owed twice that. He could’ve said kick rocks. LSU had no leverage to reduce it unless he did something. You didn’t see Les negotiating to take less money.


Canada wants another job. If he got a job it reduced the buyout. The agreement now is not subject to reduction. So he gets this plus whatever money he can make in the next 2 years. He is gambling that he can make more than $1.6 mil in that time. He also got $1 mil up front, which ismlikely more than he would have had they not settled.
Posted by OceanMan
Member since Mar 2010
20024 posts
Posted on 1/10/18 at 8:33 pm to
They probably could have shown cause if they had to. Risk on both sides with the that
Posted by sweetwaterbilly
Member since Mar 2017
19351 posts
Posted on 1/10/18 at 8:48 pm to
quote:

Pretty embarrassing that the school name is spelled incorrectly. Who drafts these contracts for LSU?


O’s lawyer cousin. He has taken over for Dudley and Debosier as official attorneys of LSU
Posted by airfernando
Member since Oct 2015
15248 posts
Posted on 1/10/18 at 9:11 pm to
quote:

Had he bad mouthed LSU to a recruit, he wouldnt of gotten a cent.
I don't agree with that. He clearly didn't something inexcusable, or he wouldn't have negotiated a lower buyout.
Posted by roach3
Just moved to LA TOUR!!!
Member since Dec 2009
2696 posts
Posted on 1/10/18 at 10:36 pm to
Yes he did, it wasn't about how the offense was run either, that's why everybody's lips are sealed.
This post was edited on 1/10/18 at 10:39 pm
Posted by Godfather1
What WAS St George, Louisiana
Member since Oct 2006
79704 posts
Posted on 1/11/18 at 4:32 am to
I had a non-disparagement clause in the severance package of the last big company that laid me off.

It was good for about as long as it took the check to clear. Being a he said/she said kind of thing, those things are basically unenforceable.
Posted by Tortious
ATX
Member since Nov 2010
5140 posts
Posted on 1/11/18 at 4:43 am to
O or Joe going to say something during the year that breaches the disparagement clause - book it.
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