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What is Aranda's Buyout?

Posted on 11/7/16 at 7:36 am
Posted by tke857
Member since Jan 2012
12195 posts
Posted on 11/7/16 at 7:36 am
Because that man just earned himself at least a couple HC offers this offseason with that performance against Bama.

I hope he doesn't leave he is the next big thing IMO.
Posted by NorthshoreTiger76
Pelicans, Saints, & LSU Fan
Member since May 2009
84331 posts
Posted on 11/7/16 at 7:37 am to
If he leaves there is no buyout
Posted by abellsujr
Member since Apr 2014
38456 posts
Posted on 11/7/16 at 7:50 am to
quote:

Aranda does not have to pay a buyout if he leaves for a head coaching job. He must pay 50 percent of his remaining salary if he leaves for a non-head coaching job in the Southeastern Conference or “a Football Bowl Subdivision football program within a 500 miles radius of LSU,” the contract reads.

He must pay 20 percent of his remaining salary if her were to leave for any other non-head coaching job.
LINK
Posted by TigerFan55555
Tomball, TX
Member since Nov 2008
9833 posts
Posted on 11/7/16 at 8:25 am to
that damn thing needs to be rewritten ASAP
Posted by SPEEDY
2005 Tiger Smack Poster of the Year
Member since Dec 2003
88380 posts
Posted on 11/7/16 at 8:31 am to
quote:

that damn thing needs to be rewritten ASAP



No it doesn't. You don't penalize someone for moving up in their career
Posted by Hot Carl
Prayers up for 3
Member since Dec 2005
62948 posts
Posted on 11/7/16 at 8:49 am to
quote:

quote: that damn thing needs to be rewritten ASAP No it doesn't. You don't penalize someone for moving up in their career


No shite. He has all the leverage. Why in hell would he sign anything more restrictive? And why would LSU insult him like that if they would like to keep him? Jesus frick, our fans.
Posted by CRAZY 4 LSU
Member since Apr 2006
16903 posts
Posted on 11/7/16 at 8:54 am to
It's actually a very pro LSU contract. you can't restrict an individual's career so as to make it more difficult to advance it.
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