- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Terms of Kelly contract released
Posted on 11/30/21 at 8:54 pm to The Pirate King
Posted on 11/30/21 at 8:54 pm to The Pirate King
He'd earn that bowl eligibility every year, and equals the amount bonused for winning a Natty. Has to be an extra zero in there, yes.
1
Posted on 11/30/21 at 8:55 pm to Lsuhoohoo
What jumps at me is the built in defined salary increases for getting a SEC title and a national title.
Combined with the "walk away free card if you replace my boss with an a-hole" it kinda feels like he intends this to be his last contract. No in term resigning/extensions.
Combined with the "walk away free card if you replace my boss with an a-hole" it kinda feels like he intends this to be his last contract. No in term resigning/extensions.
Posted on 11/30/21 at 9:00 pm to ffhouston
I actually think it’s correct…don’t think it has an extra 0, it just reads kind of weird because of the way they’re listed and the given importance of each line item
(The bowl eligible bonus)
Basically you can get up to $1m for postseason….starting at $500k by getting bowl eligible and all the way up to $1m bonus if you win the title
(The bowl eligible bonus)
Basically you can get up to $1m for postseason….starting at $500k by getting bowl eligible and all the way up to $1m bonus if you win the title
This post was edited on 11/30/21 at 9:04 pm
Posted on 11/30/21 at 9:03 pm to JPLSU1981
It seems kinda flipped.
So he's entitled for 500k for a winning season...but just a measly additional 100k for getting to a NY6 bowl?
Or taken to extremes: he will get paid more for getting to 6-6 than he would getting to the title game.
Nah.
So he's entitled for 500k for a winning season...but just a measly additional 100k for getting to a NY6 bowl?
Or taken to extremes: he will get paid more for getting to 6-6 than he would getting to the title game.
Nah.
This post was edited on 11/30/21 at 9:05 pm
Posted on 11/30/21 at 9:06 pm to Volvagia
Pretty much yeah….a better way to phrase it would be “postseason bonus ranging from 500k to $1m….make a bowl, get $500k….make a NY6, get $600k…make the playoff get $700k…make the title game get $800k…win the title get $1m”
But by listing $500k for bowl and $100k for NY6 it sounds funny because obviously a NY6 is more important than a mere bowl …he’s still getting the $500k for NY6 plus the $100k, so $600k
But by listing $500k for bowl and $100k for NY6 it sounds funny because obviously a NY6 is more important than a mere bowl …he’s still getting the $500k for NY6 plus the $100k, so $600k
This post was edited on 11/30/21 at 9:09 pm
Posted on 11/30/21 at 9:08 pm to JPLSU1981
I get what you are trying to say.
Im saying that LSU admin putting equal value to being bowl eligible and winning the fricking national championship is absurd.
Its gotta be a typo.
Im saying that LSU admin putting equal value to being bowl eligible and winning the fricking national championship is absurd.
Its gotta be a typo.
Posted on 11/30/21 at 9:12 pm to Volvagia
I guess it’s possible, when I first read it I thought typo as well…but as I thought through it a little more I’m not so sure, I actually don’t believe it’s a typo anymore
While I see what you’re saying, I actually think it makes sense the way they’ve got it it just reads funny
After the line items it should have $500k+____ rather than itemized to make bowl eligibility appear worth more than NY6/CFP by themselves (which the $500k would be in addition to)
While I see what you’re saying, I actually think it makes sense the way they’ve got it it just reads funny
After the line items it should have $500k+____ rather than itemized to make bowl eligibility appear worth more than NY6/CFP by themselves (which the $500k would be in addition to)
This post was edited on 11/30/21 at 9:15 pm
Posted on 11/30/21 at 9:13 pm to JPLSU1981
quote:
Naw…it’s 90% of the rest of the contract
It’s effectively a fully-guaranteed 10-year contract, save 10%
His buyout today is 90% of $95m
I think it's a great hire and that he's gonna win big but if for some reason it doesn't work and he shits the bed...
after 4 years he'd still have a $50 million buyout. He's getting an NBA player's contract.
Posted on 11/30/21 at 9:16 pm to Tigers0918
quote:
Does this mean technically if Kelly were to retire in 5 years he would owe LSU $2 million?
I believe so, although I find it very unlikely LSU would make him pay that if it was a mere retirement unless there were some other circumstances involved.
Posted on 11/30/21 at 9:17 pm to JPLSU1981
FWIW, Ed's postseason incentive was:
Bowl eligible: 25k
Win division: 100k
Win SEC: 200k
NY6: 150k
Semifinal: 150k
Final: 150k
National Champion: 500k
Bowl eligible: 25k
Win division: 100k
Win SEC: 200k
NY6: 150k
Semifinal: 150k
Final: 150k
National Champion: 500k
This post was edited on 11/30/21 at 9:18 pm
Posted on 11/30/21 at 9:17 pm to Volvagia
He gets both bonuses for winning natty the term stated “and”
Posted on 11/30/21 at 9:19 pm to MEd LSU
Right.
And the value was the same.
Tell me, whats worth more to LSU has a brand? Going to any bowl, or winning a title.
Because if there is no typo, that paper says LSU deems them of equal value. Yes, they stack. But individually worth the same.
And the value was the same.
Tell me, whats worth more to LSU has a brand? Going to any bowl, or winning a title.
Because if there is no typo, that paper says LSU deems them of equal value. Yes, they stack. But individually worth the same.
Posted on 11/30/21 at 9:21 pm to Volvagia
Not really
Bowl = 500000
Natty= 1000000
Without the bowl bonus he can’t get the natty bonus
Bowl = 500000
Natty= 1000000
Without the bowl bonus he can’t get the natty bonus
This post was edited on 11/30/21 at 9:24 pm
Posted on 11/30/21 at 9:23 pm to Volvagia
Just thinking out loud here…it’s possible they wanted to pay him more but didn’t want the salary headlines to get too high (over $10m), so they put the $500k in the bowl eligible bonus so as it was part of the “plus incentives” part of the headlines to kind of hide it if you will
If that makes sense…kind of a sly way to pay him more without the masses really seeing that extra pay in print . Because obviously becoming bowl eligible is (and should always be) a slam dunk for LSU’s HC so Practically speaking that $500k would be a part of his annual salary
If that makes sense…kind of a sly way to pay him more without the masses really seeing that extra pay in print . Because obviously becoming bowl eligible is (and should always be) a slam dunk for LSU’s HC so Practically speaking that $500k would be a part of his annual salary
This post was edited on 11/30/21 at 9:26 pm
Posted on 11/30/21 at 9:24 pm to Volvagia
No that would tell you they value winning a NC twice as much as winning a non-NY6 bowl. You can argue whether or not you agree, but you can’t say they value them equally when you literally get double for one versus the other.
Posted on 11/30/21 at 9:24 pm to JPLSU1981
Very logical summation
Posted on 11/30/21 at 9:25 pm to MEd LSU
:facepalm:
Whatever.
Still say its clearly a typo based on common sense and actual history. All of the other numbers are in line with O's incentive plan other than that. Don't see why LSU's perspective would suddenly have changed.
Whatever.
Still say its clearly a typo based on common sense and actual history. All of the other numbers are in line with O's incentive plan other than that. Don't see why LSU's perspective would suddenly have changed.
Posted on 11/30/21 at 9:27 pm to JPLSU1981
quote:
Just thinking out loud here…it’s possible they wanted to pay him more but didn’t want the salary headlines to get too high (over $10m), so they put the $500k in the bowl eligible bonus so as it was part of the “plus incentives” part of the headlines to kind of hide it if you will
If that makes sense…kind of a sly way to pay him more without the masses really seeing that extra pay in print . Because obviously becoming bowl eligible is (and should always be) a slam dunk for LSU’s HC
That would be the only plausible reason for it to not be a typo IMO.
Posted on 11/30/21 at 9:28 pm to MEd LSU
quote:
Very logical summation
Which had nothing to do with what you were actually saying
This post was edited on 11/30/21 at 9:29 pm
Posted on 11/30/21 at 9:32 pm to The Pirate King
quote:
Ouch. Woody laid it all on the line 90 or 100 million
Yeah, that’s how many plenty of contracts for coaches work.
Page 2 of 3
Back to top
Follow TigerDroppings for LSU Football News