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Started By
Message
re: Where is the money Lebowski?
Posted on 11/9/21 at 12:03 am to cardboardboxer
Posted on 11/9/21 at 12:03 am to cardboardboxer
quote:
Getting rid of O and staff cost $30 million. Jimbo is currently guaranteed $95 million so even if y’all got a discount it’s back to the old $75 million he started with at A&M (though him taking a pay cut seems crazy). That equals a total of $100 million for a coaching hire.
LoL, you act like this will be paid out over 1 year. EdO's deal is over 4 years, so roughly $4M per. Jimbo could be in the $10M per range, so that brings us to $14M. Staff will be offered lower buyouts or structured buyouts, and most have only 1 year left.. Plus, some of the buyout hit was absorbed by boosters, so they won't even factor in going forward.
0
Posted on 11/9/21 at 6:12 am to clamdip
quote:
Posted on 11/9/21 at 7:06 am to Tiger Voodoo
Woodward raised $34 million in cash/pledges to finance this deal. That would cover O's and staff's buyouts plus any buyout our new HC might have.
Contrary to the internet, LSUAD is NOT in the hole.
Contrary to the internet, LSUAD is NOT in the hole.
Posted on 11/9/21 at 7:23 am to cardboardboxer
munis
Posted on 11/9/21 at 10:39 am to cardboardboxer
It's crazy how this comes up all the time, and how people within our own conference doesn't realize that LSU has one of the wealthiest athletic programs in the nation.
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