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Started By
Message
Who underwrote BK's contract and Woody's contract?
Posted on 10/30/25 at 5:31 pm
Posted on 10/30/25 at 5:31 pm
Who is on the hook?
5
Posted on 10/30/25 at 5:37 pm to loogaroo
Who are the guarantors?
Posted on 10/30/25 at 5:38 pm to loogaroo
Wild post
Posted on 10/30/25 at 5:41 pm to T1gerNate
I expect crickets.
Posted on 10/30/25 at 5:43 pm to loogaroo
The people who pay him, aka the boosters
The university pays a very small part, less than a million per year, so they'll be on the hook for that.
Nothing about taxpayers
The university pays a very small part, less than a million per year, so they'll be on the hook for that.
Nothing about taxpayers
Posted on 10/30/25 at 5:47 pm to lsufan0582
quote:
The university pays a very small part, less than a million per year, so they'll be on the hook for that.
Nothing about taxpayers
The contracts are signed with LSU. Who pays in the event of a default?
Posted on 10/30/25 at 5:48 pm to loogaroo
quote:
The contracts are signed with LSU. Who pays in the event of a default?
Default of what?
Posted on 10/30/25 at 5:49 pm to loogaroo
quote:
The contracts are signed with LSU. Who pays in the event of a default?
The LSU athletic department, which is self-funded. Or are you suggesting the LSU athletic department is at risk of default?
Posted on 10/30/25 at 5:49 pm to loogaroo
quote:
Who underwrote BK's contract
Boosters. The buyout by this guy
quote:
Woody's contract?
That's the Louisiana taxpayers like me.
Posted on 10/30/25 at 5:50 pm to tigerfan5803
quote:
Default of what?
Seriously?
Posted on 10/30/25 at 5:53 pm to lostinbr
quote:
The LSU athletic department, which is self-funded. Or are you suggesting the LSU athletic department is at risk of default?
Yes, I we would have had to keep BK. I will probably never happen, but someone has to be on the hook for the checks being written.
Posted on 10/30/25 at 5:56 pm to loogaroo
he is repeated the talking point Landry had on Moscona's show today.
It is a half truth in name only and has never and will never happen. It isn't based in reality and only a talking point to take advantage of people who are too dumb to realize that boosters pay the salary and will pay this buyout, not LSU.
It is a half truth in name only and has never and will never happen. It isn't based in reality and only a talking point to take advantage of people who are too dumb to realize that boosters pay the salary and will pay this buyout, not LSU.
Posted on 10/30/25 at 5:56 pm to loogaroo
quote:
Seriously?
yes. seriously. what the actual frick are you talking about?
Posted on 10/30/25 at 5:59 pm to loogaroo
The LSU athletic department is not at risk of default.
If there’s no negotiated lump sum and Kelly’s buyout isn’t covered by a private donor, the absolute worst case scenario is that the athletic department continues to pay him $8.5m/year for the next 6 years.
Meanwhile we are choosing to pay $18.5m/year for revenue sharing and will start receiving an extra $15m/year from the ESPN deal in a month or so. And are being paid millions for the Venture Global deal (field logos). And are set to receive another $10-20m/year if the NCAA allows jersey patches. And…
The worst case scenario is that the LSU athletic department has to pay Kelly the $8.5m/year they’d prefer to spend on something else. The horror!
If there’s no negotiated lump sum and Kelly’s buyout isn’t covered by a private donor, the absolute worst case scenario is that the athletic department continues to pay him $8.5m/year for the next 6 years.
Meanwhile we are choosing to pay $18.5m/year for revenue sharing and will start receiving an extra $15m/year from the ESPN deal in a month or so. And are being paid millions for the Venture Global deal (field logos). And are set to receive another $10-20m/year if the NCAA allows jersey patches. And…
The worst case scenario is that the LSU athletic department has to pay Kelly the $8.5m/year they’d prefer to spend on something else. The horror!
Posted on 10/30/25 at 6:00 pm to tigerfan5803
quote:
yes. seriously. what the actual frick are you talking about?
Someone or something has to have collateral for these contracts.
Have you ever borrowed money?
Posted on 10/30/25 at 6:00 pm to T1gerNate
OP has been going into threads asking these rhetorical questions thinking he’s owning everyone when in reality he’s just making himself look like an idiot.
Donors don’t come out and yell about paying buyouts. That’s not how this works.
Everyone with a brain knows this is how these things work. Kelly could get his entire buyout and all that it would cost the taxpayer is the $400k annual salary agreed to 5 years ago. In other words, nothing.
Imagine going to bat like this for Jeff fricking Landry
Donors don’t come out and yell about paying buyouts. That’s not how this works.
Everyone with a brain knows this is how these things work. Kelly could get his entire buyout and all that it would cost the taxpayer is the $400k annual salary agreed to 5 years ago. In other words, nothing.
Imagine going to bat like this for Jeff fricking Landry
Posted on 10/30/25 at 6:03 pm to loogaroo
quote:
Have you ever borrowed money?
Its a contract dumbass not a loan.
You voted for Landry didnt you?
Posted on 10/30/25 at 6:03 pm to PP7 for heisman
quote:
Everyone with a brain knows this is how these things work. Kelly could get his entire buyout and all that it would cost the taxpayer is the $400k annual salary agreed to 5 years ago.
The “taxpayer” isn’t paying that either. Unless we consider season ticket sales and ad revenue to be “taxes.”
Posted on 10/30/25 at 6:04 pm to lostinbr
quote:
The LSU athletic department is not at risk of default.
If there’s no negotiated lump sum and Kelly’s buyout isn’t covered by a private donor, the absolute worst case scenario is that the athletic department continues to pay him $8.5m/year for the next 6 years.
Meanwhile we are choosing to pay $18.5m/year for revenue sharing and will start receiving an extra $15m/year from the ESPN deal in a month or so. And are being paid millions for the Venture Global deal (field logos). And are set to receive another $10-20m/year if the NCAA allows jersey patches. And…
The worst case scenario is that the LSU athletic department has to pay Kelly the $8.5m/year they’d prefer to spend on something else. The horror!
Nice cut and past. Post the link next time. We are all aware of that. It doesn't change the senario.
Posted on 10/30/25 at 6:07 pm to loogaroo
quote:
Who are the guarantors?
Price Leblanc
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