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re: Miles apparently just assured the team he is coming back.
Posted on 1/8/11 at 1:44 am to GeauxTigersLee
Posted on 1/8/11 at 1:44 am to GeauxTigersLee
quote:
With that contract, you wouldn't sign any of the coaches on your "list".
And you know this how?
Outside of the ones at top programs at ready, you offer those same guys Rodriguez's contract at $3 million/year and you bet most of them would take it.
Posted on 1/8/11 at 1:45 am to LSUMafia
2005: 1st
2006: 2nd
2007: 1st (LSU NC)
2008: 3rd
2009: 2nd (Bama was first and NC)
2010: T-2nd (AU was first and possible NC)
2006: 2nd
2007: 1st (LSU NC)
2008: 3rd
2009: 2nd (Bama was first and NC)
2010: T-2nd (AU was first and possible NC)
Posted on 1/8/11 at 1:46 am to LSUMafia
quote:
We played A&M and Arky played tOSU
and LSU still played more ranked teams than Arkansas....
Posted on 1/8/11 at 1:46 am to LSUMafia
All I'm saying is would you ever sign a contract where being paid wasn't guaranteed? Bonuses arent guaranteed. Salaries always are for their term.
Posted on 1/8/11 at 1:47 am to LSUMafia
quote:And that was for an unproven guy. Miles is far from unproven. And do you know if RR's contract had the NC clause that guarantees him top 2-3 salary? Also, RR's salary wasn't 50% guaranteed.
Outside of the ones at top programs at ready, you offer those same guys Rodriguez's contract at $3 million/year and you bet most of them would take it.
This post was edited on 1/8/11 at 1:51 am
Posted on 1/8/11 at 1:50 am to Cajun Revolution
quote:
All I'm saying is would you ever sign a contract where being paid wasn't guaranteed? Bonuses arent guaranteed. Salaries always are for their term.
If it's 50% guaranteed of the overall contract? Yes, I would. I am still getting $7.5 Million (4 year contract) or $8.75 Million (5 year contract) if I do nothing and get fired.
Posted on 1/8/11 at 1:53 am to LSUMafia
quote:You might sign it, but that's not market value. Even Patterson at TCU just signed a contract last year than guaranteed him $2.5 M and bonuses that push it to $3.5 M....at a small school like TCU where he's almost guaranteed at hitting those bonuses considering the conference competition.
If it's 50% guaranteed of the overall contract? Yes, I would. I am still getting $7.5 Million (4 year contract) or $8.75 Million (5 year contract) if I do nothing and get fired.
You might not like the contract, but the market determines what kind of contract you end up with to a large degree.
This post was edited on 1/8/11 at 1:55 am
Posted on 1/8/11 at 1:53 am to LSUMafia
That's not realistic for college. Nobody is going to write a contract that has non guaranteed clauses. The only thing you can do is have a University roll over option. Even professional contracts have guaranteed years with rollover options.
Posted on 1/8/11 at 1:54 am to GeauxTigersLee
My point is that his contract $2.5 Million/year for 6 years. That means he had $7.5 million left as of now.
Why is he only owed $2.5 million right now?
In the end, LSU has how it works it's contracts. I don't know every detail, but they can adjust his base salary to be 50% of the salary he gets now and the other 50% be awarded upon completion of employment based on being there for one year. Thus, his base salary is guaranteed at half and the secondary salary (other half) serves as basically a bonus.
Obviously, LSU can't do this now, but keep his contract at max 4 years at a time at least. That's partly why I hope Les leaves to UM. LSU can start a little more from scratch with a new coach.
Why is he only owed $2.5 million right now?
In the end, LSU has how it works it's contracts. I don't know every detail, but they can adjust his base salary to be 50% of the salary he gets now and the other 50% be awarded upon completion of employment based on being there for one year. Thus, his base salary is guaranteed at half and the secondary salary (other half) serves as basically a bonus.
Obviously, LSU can't do this now, but keep his contract at max 4 years at a time at least. That's partly why I hope Les leaves to UM. LSU can start a little more from scratch with a new coach.
Posted on 1/8/11 at 1:58 am to LSUMafia
quote:
My point is that his contract $2.5 Million/year for 6 years. That means he had $7.5 million left as of now.
Why is he only owed $2.5 million right now?
Regardless of the rollover condition that was put on his contract, most contracts get extended after good seasons about 2-4 years before the current contract expires. Have you ever heard of a coach getting fired at the end of their contract? No, because it doesn't happen.
Houston Nutt just had his extended last year to 2014 from 2012. He is only 1 example of that.
Posted on 1/8/11 at 2:00 am to Chicken
quote:
...the market dictates these contract terms...if other schools are willing to give coaches fat contracts, LSU needs to be able to match them.
Bingo!!
Posted on 1/8/11 at 2:03 am to GeauxTigersLee
Again
Les Miles is LSU's winningest coach(win %). Why would we ever fire him? He has basically earned the ability to retire here if he likes. All this whining about his contract is just stupid. His success dictates a top salary.
Les Miles is LSU's winningest coach(win %). Why would we ever fire him? He has basically earned the ability to retire here if he likes. All this whining about his contract is just stupid. His success dictates a top salary.
Posted on 1/8/11 at 2:04 am to Colonel Flagg
quote:
Why would we ever fire him? He has basically earned the ability to retire here if he likes
what?
Posted on 1/8/11 at 2:05 am to GeauxTigersLee
quote:
Regardless of the rollover condition that was put on his contract, most contracts get extended after good seasons about 2-4 years before the current contract expires. Have you ever heard of a coach getting fired at the end of their contract? No, because it doesn't happen.
Rollover condition is fine. I am simply against how large the buyout is. Hell, keep the buyout the same every year. Les is guaranteed $7.5M to $8.75M if fired at any time. Then you don't worry about giving him 5 year contracts and then rollovers after each winning season.
Simply, my issue is with the size of the buyout. That is all.
Posted on 1/8/11 at 2:07 am to Cajun Revolution
CajunRevolution, can you ethically clear something up and state when Les' contract runs through as of right now? They keep saying it wasn't rolled over on the post game show, yet I was told it had been rolled over.
Is his contract through 2012 or 2014 right now?
Is his contract through 2012 or 2014 right now?
Posted on 1/8/11 at 2:17 am to MaximumTiger
I believe that Letter was not in regards to his extension to 2014, but to his original contract extension which happened in March or May 2008.
O'Keefe was only at LSU until 2008, how could he extend him after the 2009 season?
O'Keefe was only at LSU until 2008, how could he extend him after the 2009 season?
Posted on 1/8/11 at 2:23 am to LSUMafia
quote:
Les is not a top 5 coach and almost no one sees him as one outside of some delusional LSU fans
That's conjecture/opinion on your part and you have every right to it.
What's not conjecture/opinion is that LSU ranks in the Top #5 in BCS schools for winning percentage for the past 6 years, has won more SEC west games than any other school in the west in the past 6 years, is the only school in the SEC to have 4 11 wins in the past 6 years, and is the only school in the SEC to be ranked in the Top 10 4 times in the last 6 seasons.
Posted on 1/8/11 at 2:35 am to LSUMafia
I'll have to take a look at it. What the media posts is usually the incomplete version. From what I understand this contract was so screwy it had a informal letter and clauses written in using black ink. I'll have to sort through it if it becomes an issue but its not important at the moment. It'll probably get rewritten before next season anyway if he stays.
This post was edited on 1/8/11 at 2:42 am
Posted on 1/8/11 at 2:50 am to Cajun Revolution
Thanks Cajun. I just know that's been a huge point of confusion over the past couple of years. I laughed the first time I saw the contract PDF and noticed all the little hand-written notes throughout it.
I guess the main issue that would come up is that if it wasn't rolled over and ends in 2012, Les is currently only guaranteed $7.5 Million. I wonder if you guys and TAF use that number in negotiations.

I guess the main issue that would come up is that if it wasn't rolled over and ends in 2012, Les is currently only guaranteed $7.5 Million. I wonder if you guys and TAF use that number in negotiations.
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