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School Buyout IS NOT THE SAME as Coach Buyout

Posted on 10/24/21 at 2:49 pm
Posted by Tiger Phil
I see burnt orange everywhere
Member since Nov 2007
1670 posts
Posted on 10/24/21 at 2:49 pm
I’ve seen this posted a number of times. There are 2 possible buyouts;

1) the amount the school must pay the coach if they fire him. This is why we’re paying O $17M and why A&M owes Jimbo $95M and why OU would owe Riley $26M.

2) the amount the coach must lay the school if he leaves before the end of the contract. This is Zero Dollars for Orgeron and Fisher and was $4M for Riley’s original contract, and I believe others have posted that it is about $10M now.

These are not the same thing. LSU would not have to pay the SCHOOL buyout of a coach we hire, but we might have to pay the COACH buyout.

Carry on.
Posted by Evolve
Texas
Member since Aug 2012
3450 posts
Posted on 10/24/21 at 2:55 pm to
derp derp derp
Posted by JiminyCricket
Member since Jun 2017
6846 posts
Posted on 10/24/21 at 3:30 pm to
Aren’t you the same dumbfrick with the “gut feeling” that LSU would retain Orgeron and talked down to other posters that said you were an idiot?
Posted by ImayGoLesMiles
Baton Rouge, La
Member since Feb 2015
13308 posts
Posted on 10/24/21 at 3:42 pm to
Oh shite.
Posted by JiminyCricket
Member since Jun 2017
6846 posts
Posted on 10/24/21 at 3:57 pm to
Just sayin’
Posted by GetmorewithLes
UK Basketball Fan
Member since Jan 2011
23394 posts
Posted on 10/24/21 at 5:06 pm to
quote:

School Buyout IS NOT THE SAME as Coach Buyout
I’ve seen this posted a number of times.


Let me keep believing this. It is how I weed out some not so smart posters...
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