Started By
Message

re: Miles apparently just assured the team he is coming back.

Posted on 1/8/11 at 1:44 am to
Posted by LSUMafia
Member since May 2005
9862 posts
Posted on 1/8/11 at 1:44 am to
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 by Colonel Flagg
Baton Rouge
Member since Apr 2010
23289 posts
Posted on 1/8/11 at 1:45 am to
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)
Posted by GeauxTigersLee
Atlanta
Member since Sep 2010
4674 posts
Posted on 1/8/11 at 1:46 am to
quote:

We played A&M and Arky played tOSU

and LSU still played more ranked teams than Arkansas....
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 1/8/11 at 1:46 am to
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 by GeauxTigersLee
Atlanta
Member since Sep 2010
4674 posts
Posted on 1/8/11 at 1:47 am to
quote:

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.
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.
This post was edited on 1/8/11 at 1:51 am
Posted by LSUMafia
Member since May 2005
9862 posts
Posted on 1/8/11 at 1:50 am to
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 by GeauxTigersLee
Atlanta
Member since Sep 2010
4674 posts
Posted on 1/8/11 at 1:53 am to
quote:

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 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.

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 by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 1/8/11 at 1:53 am to
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 by LSUMafia
Member since May 2005
9862 posts
Posted on 1/8/11 at 1:54 am to
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.
Posted by GeauxTigersLee
Atlanta
Member since Sep 2010
4674 posts
Posted on 1/8/11 at 1:58 am to
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 by Lonnie4LSU
Baton Rouge
Member since Aug 2008
9525 posts
Posted on 1/8/11 at 2:00 am to
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 by Colonel Flagg
Baton Rouge
Member since Apr 2010
23289 posts
Posted on 1/8/11 at 2:03 am to
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.
Posted by DBG
vermont
Member since May 2004
75743 posts
Posted on 1/8/11 at 2:04 am to
quote:

Why would we ever fire him? He has basically earned the ability to retire here if he likes


what?
Posted by LSUMafia
Member since May 2005
9862 posts
Posted on 1/8/11 at 2:05 am to
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 by LSUMafia
Member since May 2005
9862 posts
Posted on 1/8/11 at 2:07 am to
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?
Posted by MaximumTiger
The fiery pits of Hell
Member since Aug 2004
2669 posts
Posted on 1/8/11 at 2:12 am to
Posted by LSUMafia
Member since May 2005
9862 posts
Posted on 1/8/11 at 2:17 am to
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?
Posted by Lonnie4LSU
Baton Rouge
Member since Aug 2008
9525 posts
Posted on 1/8/11 at 2:23 am to
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 by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 1/8/11 at 2:35 am to
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 by LSUMafia
Member since May 2005
9862 posts
Posted on 1/8/11 at 2:50 am to
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.
first pageprev pagePage 10 of 12Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram