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Dam, y’all seen the buyouts for Dabo, Riley & Tucker??
Posted on 11/2/21 at 2:39 am
Posted on 11/2/21 at 2:39 am
USA today reported buyout figures for these guys are freaking astronomical:
-> Dabo Swinney ($47.5 million)
-> Lincoln Riley ($25.2 million)
-> Mel Tucker ($19.3 million)
LINK
I realize it’s been reported that money won’t impede LSU from hiring it’s top candidate, but I find it hard to believe our boosters would be willing to pony-up roughly $50 million to hire Lincoln Riley or Mel Tucker.
And that’s roughly what the figure would come too - starting with Orgeron‘s $17 million, on top of a $20 million buyout & fat new contract for one of these guys (allegedly in the $9-$11 million/year range). Actually, after the remainder of Pelini’s buyout and current assistant’s contracts, it could stretch closer to $55 million).
I hate to be a Debbie downer, but figures this large just seem unreasonable to me. And if we were to remove those three candidates (Dabo, Riley & Tucker) from the board, logic would lead me to believe one of the following ends up being the hire:
(1) Jimbo Fisher or
(2) Billy Napier
-> Dabo Swinney ($47.5 million)
-> Lincoln Riley ($25.2 million)
-> Mel Tucker ($19.3 million)
LINK
I realize it’s been reported that money won’t impede LSU from hiring it’s top candidate, but I find it hard to believe our boosters would be willing to pony-up roughly $50 million to hire Lincoln Riley or Mel Tucker.
And that’s roughly what the figure would come too - starting with Orgeron‘s $17 million, on top of a $20 million buyout & fat new contract for one of these guys (allegedly in the $9-$11 million/year range). Actually, after the remainder of Pelini’s buyout and current assistant’s contracts, it could stretch closer to $55 million).
I hate to be a Debbie downer, but figures this large just seem unreasonable to me. And if we were to remove those three candidates (Dabo, Riley & Tucker) from the board, logic would lead me to believe one of the following ends up being the hire:
(1) Jimbo Fisher or
(2) Billy Napier
This post was edited on 11/2/21 at 2:44 am
10
Posted on 11/2/21 at 3:25 am to dwright369
That’s the buyouts owed to them if fired.
Posted on 11/2/21 at 3:28 am to dwright369
A coach has 2 different buyouts in their contact :
1. Buyout paid to coach if fired without cause (usually a very large amount)
2. Buyout paid to school if coach leaves for another job
-these 2 buyouts are completely different amounts and 2 completely separate clauses in the contract
1. Buyout paid to coach if fired without cause (usually a very large amount)
2. Buyout paid to school if coach leaves for another job
-these 2 buyouts are completely different amounts and 2 completely separate clauses in the contract
This post was edited on 11/2/21 at 3:30 am
Posted on 11/2/21 at 4:07 am to JPLSU1981
Yeah, I knew about the two separate clauses that you were referring too.
QUESTION: are the amounts reported above and in USA Today report the amounts that would be owed to coaches if fired without cause (as opposed to amount that would be owed the school if coaches left program of his own volition)??
QUESTION: are the amounts reported above and in USA Today report the amounts that would be owed to coaches if fired without cause (as opposed to amount that would be owed the school if coaches left program of his own volition)??
Posted on 11/2/21 at 4:10 am to Springlake Tiger
Ahh, $hit, my bad on that. Did not realize those amounts were the guaranteed portion of contract that would be do coaches if they were fired without cause.
My mistake, and thank you for clarifying
My mistake, and thank you for clarifying
Posted on 11/2/21 at 4:48 am to dwright369
No worries. This same thread pretty much happens daily.
Posted on 11/2/21 at 6:16 am to dwright369
Incorrect
Posted on 11/2/21 at 7:21 am to dwright369
It really is shocking how people can’t grasp how buyouts work.
Posted on 11/2/21 at 7:28 am to dwright369
Jim I has the highest buyout figure in history right now. Reported earlier this season at 45.6 million this year
This post was edited on 11/2/21 at 7:30 am
Posted on 11/2/21 at 7:30 am to dwright369
Lsu isn’t hiring neither of the 3.
Posted on 11/2/21 at 7:34 am to dwright369
How many times can this be explained on here?
Posted on 11/2/21 at 7:56 am to CatfishJohn
Damn**
Posted on 11/2/21 at 8:03 am to ellessuuuu
quote:If you spend any amount of time on this board nothing will surprise you.
It really is shocking how people can’t grasp how buyouts work.
Posted on 11/2/21 at 8:18 am to dwright369
Hate to bust your bubble but there is a ZERO % chance Jimbo comes here. Our admin/boosters were so disgusted with him after the last coaching search in 2016 that he's not even getting a call.
Posted on 11/2/21 at 8:19 am to dwright369
another fricking dumbass that doesn't know how a buyout works
Posted on 11/2/21 at 8:19 am to dwright369
quote:
Dam, y’all seen the buyouts for Dabo, Riley & Tucker??
I member my first coaching search too
Posted on 11/2/21 at 8:20 am to MsState of mind
quote:
Jim I has the highest buyout figure in history right now. Reported earlier this season at 45.6 million this year
If he's fired, not if he leaves for another school
Posted on 11/2/21 at 8:27 am to Midtiger farm
Go f@ck yourself, douchebag.
It’s a message board, if you don’t like the fricking topic you ain’t gotta read it.
It’s a message board, if you don’t like the fricking topic you ain’t gotta read it.
Posted on 11/2/21 at 8:29 am to PureBlood
Good God, we got some cock-sucking, assholes in our fanbase.
Posted on 11/2/21 at 8:29 am to JPLSU1981
quote:
A coach has 2 different buyouts in their contact :
There can be a third also. A personal buyout if a coach chooses to accept another job. Not sure who, if any, coaches have one. Been reported the Fisher has one, but no idea if it's true.
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