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Joe Schad Just Said, Re: Miles Buyout

Posted on 1/5/11 at 2:07 pm
Posted by Swanky
Section L1 At The Box
Member since Apr 2010
1612 posts
Posted on 1/5/11 at 2:07 pm
that in miles' contract, he has the buyout for only michigan?

Posted by faxis
La.
Member since Oct 2007
7773 posts
Posted on 1/5/11 at 2:08 pm to
yep
Posted by SwampDonks
Member since Mar 2008
18342 posts
Posted on 1/5/11 at 2:09 pm to
that would be correct
Posted by Swanky
Section L1 At The Box
Member since Apr 2010
1612 posts
Posted on 1/5/11 at 2:09 pm to
what did he mean though?
Posted by geauxtigersbeb
Wallingford, CT
Member since Nov 2007
264 posts
Posted on 1/5/11 at 2:09 pm to
$1.25M to LSU if he leaves for Michigan. Put in after the 2007 NC
Posted by Chad504boy
4 posts
Member since Feb 2005
179947 posts
Posted on 1/5/11 at 2:10 pm to
les can only leave for michigan.
Posted by SwampDonks
Member since Mar 2008
18342 posts
Posted on 1/5/11 at 2:10 pm to
If Miles left for another team, they don't have to pay LSU.

If Miles leaves for Michigan, they have to pay the 1.5M dollar buyout or whatever the money amount is

That stipulation was put in after what happened 3 years ago
Posted by Swanky
Section L1 At The Box
Member since Apr 2010
1612 posts
Posted on 1/5/11 at 2:10 pm to
oh, well...

Posted by Chicken
Jackassistan
Member since Aug 2003
27733 posts
Posted on 1/5/11 at 2:11 pm to
quote:

$1.25M to LSU if he leaves for Michigan.
that $1.25M would get distributed to season ticket holders, right?
Posted by TDTGodfather
Baton Rouge
Member since Dec 2007
6204 posts
Posted on 1/5/11 at 2:11 pm to
quote:

If Miles left for another team, they don't have to pay LSU.

If Miles leaves for Michigan, they have to pay the 1.5M dollar buyout or whatever the money amount is

That stipulation was put in after what happened 3 years ago

this
Posted by LSUray
Shreveport
Member since Sep 2003
1407 posts
Posted on 1/5/11 at 2:11 pm to
I think people are confusing this with LSU's buyout of Miles if they fire him, which is the huge number that was being thrown around after the Tennessee game.
Posted by MandevilleLSUTiger
Baton Rouge
Member since Sep 2005
6884 posts
Posted on 1/5/11 at 2:13 pm to
quote:

les can only leave for michigan.


No, the buyout is in place for Michigan only.
Posted by ForeverLSU02
Albany
Member since Jun 2007
52590 posts
Posted on 1/5/11 at 2:13 pm to
quote:

that $1.25M would get distributed to season ticket holders, right?
No, it would go to soccer and volleyball coaches
Posted by TigersOfGeauxld
Just across the water...
Member since Aug 2009
25057 posts
Posted on 1/5/11 at 2:15 pm to
I called dibs on that 1.25 million first. No links, you just have to believe me.

[whistles innocently]
Posted by medtiger
Member since Sep 2003
22017 posts
Posted on 1/5/11 at 2:15 pm to
quote:

that $1.25M would get distributed to season ticket holders, right?


No, but I hear that as a show of good faith, LSU will reduce the cost of parking on campus next football season by $10 per car.
Posted by SwampDonks
Member since Mar 2008
18342 posts
Posted on 1/5/11 at 2:20 pm to
quote:

I think people are confusing this with LSU's buyout of Miles if they fire him, which is the huge number that was being thrown around after the Tennessee game.


That's exactly what is happening.
Posted by Placebeaux
Bobby Fischer Fan Club President
Member since Jun 2008
51852 posts
Posted on 1/5/11 at 2:23 pm to
quote:

that $1.25M would get distributed to season ticket holders, right?


Now your talking!
Posted by 1999
Where I be
Member since Oct 2009
33819 posts
Posted on 1/5/11 at 2:27 pm to
buyout should be a nonfactor imo.
Posted by LSUgusto
Member since May 2005
19326 posts
Posted on 1/5/11 at 2:28 pm to
quote:

that $1.25M would get distributed to season ticket holders, right?
Yeah, that ought to cover the new parking fees.
Posted by nycajun
Nothin' could be finer.....
Member since Dec 2004
18183 posts
Posted on 1/5/11 at 2:31 pm to
Joe Schad.

Clown is just dredging up factoids in the public domain to stir the pot and make his daily quota of stupid comments. Move along. These aren't the droids you're looking for.
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