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Started By
Message
What is Lincoln Rileys voluntary buyout?
Posted on 10/19/21 at 10:53 am
Posted on 10/19/21 at 10:53 am
He got a contract extension last year through the 2025 season.
2021: $8.05 million
2022: $7.565 million
2023: $8.275 million
2024: $7.585 million
2025: $7.585 million
Termination Buyout after 2021 season $25,188,000
LINK
LINK
This language is from his 2019 contract that was extended 2 more seasons in 2019. You'd have to assume the buyout was amended to a higher number over a longer period. Not proving easy to find though.
2021: $8.05 million
2022: $7.565 million
2023: $8.275 million
2024: $7.585 million
2025: $7.585 million
Termination Buyout after 2021 season $25,188,000
LINK
LINK
quote:
an open records request by the Tulsa World discovered that Riley has a $4.6 million buyout if he leaves OU for any job, including the NFL, after the 2019 season. The buyout drops by $1 million every year thereafter until March 16, 2022, when OU will waive the buyout.
This language is from his 2019 contract that was extended 2 more seasons in 2019. You'd have to assume the buyout was amended to a higher number over a longer period. Not proving easy to find though.
This post was edited on 10/19/21 at 11:21 am
22
Posted on 10/19/21 at 10:54 am to Lsuhoohoo
That's good info. It won't be Riley if that is the case.
Posted on 10/19/21 at 10:54 am to Lsuhoohoo
Maybe Coach O will become a booster now and help us out lol
Posted on 10/19/21 at 10:55 am to Lsuhoohoo
quote:
Buyout after 2021 season $25,188,000
I believe that's the buyout if he's fired without cause. Those numbers aren't always the same.
This post was edited on 10/19/21 at 10:56 am
Posted on 10/19/21 at 10:55 am to Lsuhoohoo
quote:
The league is in the midst of a 13-year deal with ESPN and Fox that ends in 2025, and reports earlier this year said the networks were not interested in early renegotiations. That is one of the reasons Oklahoma and Texas are leaving the league. The current deal pays the 10-school league about $200 million annually.
quote:
ESPN will be the exclusive home of SEC football and men’s basketball starting in 2024. The 10-year contract reportedly will be worth more than $300 million annually for the league; that is on top of the current deal with ESPN (that one also ends in 2034) that includes the televising of certain football and basketball games and the SEC Network. Consider that the current deal with CBS is worth $55 million a year. And consider that SEC expansion almost certainly will lead to a re-opening of negotiations. (Under that new ESPN deal, the 14 member schools would’ve expected to receive about $40 million a year solely from the league’s TV deal. In the 2018-19 fiscal year, each SEC school received about $44 million total from the SEC’s entire revenue distribution system.)
This isn't that big of a deal anymore.
This post was edited on 10/19/21 at 10:56 am
Posted on 10/19/21 at 10:55 am to Lsuhoohoo
LSU can probably get it negotiated down to 25 million though.
Posted on 10/19/21 at 10:56 am to Lsuhoohoo
Why would he even come here when Oklahoma will be in the SEC soon? It won’t be Riley
Posted on 10/19/21 at 10:56 am to Lsuhoohoo
That’s what OU would have to pay him
His buyout to leave is like $4 million IIRC
His buyout to leave is like $4 million IIRC
Posted on 10/19/21 at 10:56 am to Lsuhoohoo
That’s if the school fires him without cause
That’s not his buyout if he leaves for another job
That’s not his buyout if he leaves for another job
Posted on 10/19/21 at 10:57 am to Lsuhoohoo
Not sure if this is accurate.
The same website lists Jimbo at $95m but we know he can leave for $0.
I think this is just saying if OU wants to can him then they owe him his whole contract. Not necessarily if he leaves for another job.
The same website lists Jimbo at $95m but we know he can leave for $0.
I think this is just saying if OU wants to can him then they owe him his whole contract. Not necessarily if he leaves for another job.
Posted on 10/19/21 at 10:58 am to Lsuhoohoo
I don't know if it will be Lincoln or not, But what amazes me is some of yall have no idea what a buyout clause is or how it works.
Posted on 10/19/21 at 10:58 am to Lsuhoohoo
Salary =/= buyout
Posted on 10/19/21 at 10:59 am to Lsuhoohoo
The buyout number if he’s fired vs if he chooses to leave are two different things. If he leaves the number is a mere 4.5 mill I believe.
Posted on 10/19/21 at 10:59 am to Lsuhoohoo
Whew, for a second there, their dogs Boomer and Sooner were sweating out their possible name changes to Bayou and Bengal.
Posted on 10/19/21 at 10:59 am to Lsuhoohoo
That is the school buyout. I don't see a coaches buyout, just "stay bonuses".
Posted on 10/19/21 at 10:59 am to Fun Bunch
Never seemed like a realistic option to me anyway. What's the draw for Riley? He's already among the top 3 or 4 highest paid coaches in the country. Oklahoma would match whatever LSU offered. He's already getting into the playoff there and Oklahoma is headed into the SEC. It's entirely lateral.
Posted on 10/19/21 at 11:00 am to Lsuhoohoo
quote:
He got a contract extension last year through the 2025 season
2021: $8.05 million
2022: $7.565 million
2023: $8.275 million
2024: $7.585 million
2025: $7.585 million
Buyout after 2021 season $25,188,000
LINK
LINK
Keep dreaming.
dude before you tell people to keep dreaming (i still dont think Riley would ever come here) you might want to understand how buyouts work.
what you listed is that the school owes him if he is fired. If he leaves on his own for another school or NFL he owes 4.6 million.
Posted on 10/19/21 at 11:02 am to lsu777
His 2019 contract says his buyout to terminate his contract voluntarily is 22.5% of the remaining compensation left. He did re-up in 2020 though but I can't find that contract online. That said, at the 2019 rate, it'd be just under $7,000,000.00 to buy him out.
Posted on 10/19/21 at 11:04 am to TheRoarRestoredInBR
quote:
their dogs Boomer and Sooner
Can I get a link to this? I've seen it posted twice now
What are the ties to OU? I heard he's from Texas
This post was edited on 10/19/21 at 11:04 am
Posted on 10/19/21 at 11:04 am to Lsuhoohoo
quote:
Keep dreaming
You don’t know how this works lol
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