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According to an article posted on Death Valley Voice difference in CMM’s buyout is:

Posted on 2/9/25 at 7:53 am
Posted by saturncube21
Member since Nov 2015
9344 posts
Posted on 2/9/25 at 7:53 am
7.5 mil this year compared to 6.1 mil next year

Not a big difference if you buy him out this year compared to next
This post was edited on 2/9/25 at 8:16 am
Posted by ct4lsu
BR
Member since Jan 2008
1175 posts
Posted on 2/9/25 at 7:55 am to
If we don't have to pay his salary, it's a win
Posted by josh336
baton rouge
Member since Jan 2007
80075 posts
Posted on 2/9/25 at 7:59 am to
Wow, didnt realize that was it, feels like an easy decision
Posted by LINOESC
Member since Jan 2025
387 posts
Posted on 2/9/25 at 8:08 am to
Maybe somebody can contact Shaq for some help. He said he wasn’t watching MBB because they were a bad team.
He probably has $7M laying around in his spare change dish. It’d be worth a call
Posted by TheosDeddy
Member since May 2024
711 posts
Posted on 2/9/25 at 8:11 am to
quote:

He said he wasn’t watching MBB because they were a bad team.


This true?
Posted by Lester Earl
3rd Ward
Member since Nov 2003
284825 posts
Posted on 2/9/25 at 8:16 am to
You realize it goes down because it is connected to his salary, right?

If he is working he is getting paid lol.
Posted by Spawn
Berlin
Member since Oct 2006
7814 posts
Posted on 2/9/25 at 8:23 am to
We can't afford not to fire him.

He is burying this program.
Posted by TigerScribe
Member since Dec 2005
1187 posts
Posted on 2/9/25 at 8:25 am to
I wonder how they came up with those numbers. He has 4 years left on his contract after this season. He'll make $2.9m, $3m, $3.1m, and $3.2m over those 4 seasons for a total of $12.2m. LSU would owe him 80% of that total if they fire him after this season, which would be about $9.76m.

However, the buyout isn't due all at once. It's to be paid in monthly installments over the same time period that's left on his contract. So, 4 years, if fired after this season, which would make the annual buyout payments a little over $2.4m each.

Something to keep in mind, McMahon would be required to make a good-faith effort to find another coaching, executive or media job in college or pro basketball. And whatever he makes from that job would reduce by that much what LSU would owe him.

Because of that, the two parties could agree to a reduced lump sum settlement, which perhaps actually could come out to about $7m, if not less.
Posted by saturncube21
Member since Nov 2015
9344 posts
Posted on 2/9/25 at 8:35 am to
Google the article
Posted by idlewatcher
Planet Arium
Member since Jan 2012
86430 posts
Posted on 2/9/25 at 8:40 am to
quote:

Because of that, the two parties could agree to a reduced lump sum settlement, which perhaps actually could come out to about $7m, if not less.


Sickening. We’re on the hook for his incompetence. Hopefully contracts start having performance guarantees built in especially for mid tier coaches.
Posted by TigerScribe
Member since Dec 2005
1187 posts
Posted on 2/9/25 at 8:46 am to
quote:

Google the article


Just did. I see now how the writer came up with his number. He said LSU would owe MM 50% of his remaining contract value. It's actually 80% per the buyout language in MM's contract (his contract is available online).

Regardless, I imagine the two sides could go for a negotiated reduced settlement, should MM be let go.
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
86571 posts
Posted on 2/9/25 at 8:49 am to
why did you need to give this dude 7 years
Posted by S
RIP Wayde
Member since Jan 2007
164217 posts
Posted on 2/9/25 at 8:51 am to
Didn’t. Woodward is a loon.
Posted by JimTiger72
Member since Jun 2023
11371 posts
Posted on 2/9/25 at 8:51 am to
quote:

This true?


He said he wasn’t watching MBB in general. This was last year when he said he was a fan of Angel Reese & follows WBB
Posted by Tigerfan1274
Member since May 2019
4014 posts
Posted on 2/9/25 at 8:56 am to
quote:

Wow, didnt realize that was it, feels like an easy decision


Likely would be without the $20+million coming out of the budget for revenue sharing beginning in 25-26 school year.
Posted by BilbeauTBaggins
probably stuck in traffic
Member since May 2021
7140 posts
Posted on 2/9/25 at 9:03 am to
It was the only way to convince a coach to come to a team that was facing NCAA sanctions and had zero scholarship players on the roster.

Woodward still needs to answer for these ridiculous contracts.
Posted by Geaux Guy
Member since Dec 2018
6005 posts
Posted on 2/9/25 at 10:20 am to
Who would come in and make us a ‘blue blood’? I just don’t see much changing and as much as I enjoyed the excitement that WW brought, didn’t see it as sustainable here. Maybe I’m wrong.
Posted by TigerBait2008
Boulder,CO
Member since Jun 2008
35240 posts
Posted on 2/9/25 at 10:45 am to
Not gonna happen so don't matter..
Posted by Gings5
Member since Jul 2016
9258 posts
Posted on 2/9/25 at 11:06 am to
McTrans is historically bad. Dude seems like a great person but that doesn’t win games. Cut ties and move on.

Hire tPear back…
Posted by LSBoosie
Member since Jun 2020
13179 posts
Posted on 2/9/25 at 11:09 am to
It’s times like this when I realize I would hate to be a big money booster.

“We really appreciate you helping pay for some of the highest paid football, baseball, and women’s basketball staffs. We also appreciate all of the NIL money for recruits. Y’all got an extra $7.5 million to fire the basketball staff and hire a new one?”
This post was edited on 2/9/25 at 11:09 am
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