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Does anyone know if Woodward has the whole buyout in hand or not?

Posted on 10/30/25 at 1:24 pm
Posted by WeeWee
Member since Aug 2012
43957 posts
Posted on 10/30/25 at 1:24 pm
From the way Landry is talking it sounds like Woodward has gotten a booster to agree to pay the buyout, and that is great, but what happens in the unlikely event the booster backs out or dies or for some other reason does not pay the whole amount Does anyone know if the booster has written a check for the whole amount and Woodward has the cash in hand, or if Woodward acted on promises?
Posted by OldManRiver
Prairieville, LA
Member since Jan 2005
7399 posts
Posted on 10/30/25 at 1:29 pm to
Well Landry is planning on going to court to not give Kelly the full buyout so it seems like a moot point
Posted by JimTiger72
Member since Jun 2023
16385 posts
Posted on 10/30/25 at 1:31 pm to
We don’t even know what the final buyout is. It’s definitely not the full 54M
Posted by TigerGrad03
Member since Dec 2024
993 posts
Posted on 10/30/25 at 1:31 pm to
No one knows.

From the little bit that's been talked about in the media, there was about $10M in hand to cover year one of the buyout prior to them firing Kelly. That was Monday.

Since then, it's hard to discern what's fact vs. fiction.
Posted by TDsngumbo
Member since Oct 2011
49222 posts
Posted on 10/30/25 at 1:33 pm to
quote:

Well Landry is planning on going to court to not give Kelly the full buyout so it seems like a moot point

I haven't heard this wrinkle to this whole situation yet. Is he really planning on going to court to prevent the buyout?

I'm sure all the elite coaches out there are going to be knocking down our door to come to LSU once they hear that if things go south, they'll get fired and the governor will sue to prevent the contractual obligations from being carried out!
Posted by OldManRiver
Prairieville, LA
Member since Jan 2005
7399 posts
Posted on 10/30/25 at 2:12 pm to
Dellenger article from today

quote:

The school specifically noted in its announcement that buyout details would be announced at a later date — quite possibly at the behest of the governor himself, who seems against paying the full fare even if it means resorting to the legal system.


LINK
Posted by WeeWee
Member since Aug 2012
43957 posts
Posted on 10/30/25 at 2:22 pm to
quote:

No one knows.

From the little bit that's been talked about in the media, there was about $10M in hand to cover year one of the buyout prior to them firing Kelly. That was Monday.


Thanks that is what I was wondering.

quote:

Since then, it's hard to discern what's fact vs. fiction.


I figures as much.
Posted by Tifway419
Member since Sep 2022
1799 posts
Posted on 10/30/25 at 2:26 pm to
I was wondering the same thing. We’ve obviously entered the political game now, so there’s a lot of lies and misleading information being thrown around.

I wouldn’t doubt that Dellinger’s article today comes straight from Scott Woodward in his fight against the Governor.
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