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Started By
Message
Explain to me why Kelly would take a reduced buyout?
Posted on 11/9/25 at 5:29 pm
Posted on 11/9/25 at 5:29 pm
We owe him $54 million why would he take less?
39
Posted on 11/9/25 at 5:30 pm to Tiger1242
“I’m open to a negotiated buyout”
His words. Now of course he’s backtracking like the b*tch he is
His words. Now of course he’s backtracking like the b*tch he is
Posted on 11/9/25 at 5:31 pm to Tiger1242
To either get a lump sum or to free him to coach somewhere else.
Posted on 11/9/25 at 5:31 pm to Tiger1242
1) you get it upfront and net present value of money means take less now
2) if he’s going to take another job he can end up making more money than the money he has left on his deal alone
2) if he’s going to take another job he can end up making more money than the money he has left on his deal alone
Posted on 11/9/25 at 5:31 pm to Tiger1242
He has a clause that he has to look for work and make as much as possible. We would then owe him the difference of the $10 million per year we owe him and what he makes elsewhere.
If he settles for say $30 million, we can take that clause away. This means if he goes and makes $8 million somewhere else, the payout from LSU is no longer reduced. It also means he can retire if he wanted.
If he settles for say $30 million, we can take that clause away. This means if he goes and makes $8 million somewhere else, the payout from LSU is no longer reduced. It also means he can retire if he wanted.
Posted on 11/9/25 at 5:32 pm to Tiger1242
quote:
We owe him $54 million why would he take less?
The 54 million is monthly payments. If he plans to coach again, negotiating a lump sum might would be smart since the LSU buyout is reduced by his new salary.
Posted on 11/9/25 at 5:33 pm to Tiger1242
Why do you care? It’s none of your business
Posted on 11/9/25 at 5:33 pm to Tiger1242
That $54M is going to be paid in monthly installments through the end of his contract term and is mitigated by whatever job he gets in the future. If he gets a lump sum of some number he is satisfied with and gets the mitigation clause waived, he could get that money from LSU plus make more money in a new job (coaching, media, etc).
Posted on 11/9/25 at 5:33 pm to Tiger1242
If he wants to coach again then it makes sense. If we pay him the full amount in the agreed upon installments, it’s offset by whatever he makes at his new job.
Posted on 11/9/25 at 5:35 pm to Tiger1242
quote:
We owe him $54 million why would he take less?
No matter what it ends up his legacy is toast
Being reasonable since it’s known he drank, golfed and hit the beach during recruiting season
This kind of stuff ticks me off
I say lawyer up!!!
Drag him through the mud if he wants to play hardball
Posted on 11/9/25 at 5:35 pm to Tiger1242
The same reason that lottery winners take a reduced instant payment over a higher long term payment
Posted on 11/9/25 at 5:37 pm to monkeymonk174
The time value of money.
Posted on 11/9/25 at 5:43 pm to Tiger1242
Because he said he would or hinted he would, I love LSU but if they booted me I’m getting minezzz All of it
Posted on 11/9/25 at 5:44 pm to Tiger1242
quote:
We owe him $54 million why would he take less?
Because he is bound by his contract to mitigate damages to LSU in good faith by actively seeking similar employment. If he has a good investment banker he could take a lump sum now and generate more without having to go through the song and dance of interviewing for middling jobs just to keep LSU from suing him for being in breach.
Posted on 11/9/25 at 5:46 pm to Tiger1242
In simple terms, the same way people choose to get the cash option in the lottery. Instead of being paid out over a long period of time, you get all of your money now. You can invest it however you want and potentially make it worth more by the time the payout would have been completed.
Posted on 11/9/25 at 5:46 pm to Tiger1242
quote:
Explain to me why Kelly would take a reduced buyout?
Only reason would be if he wants to coach again. Take the lump sum, then it doesn’t matter how much he makes at his next school.
Posted on 11/9/25 at 5:47 pm to Tiger1242
It is a 6 year payout and every dollar he earns for football related work reduces the amount LSU has to pay. This includes coaching and media work.
If he agrees to take less, LSU would likely agree to waive the mitigation/offset clause.
If he agrees to take less, LSU would likely agree to waive the mitigation/offset clause.
Posted on 11/9/25 at 5:48 pm to Tiger1242
quote:
We owe him $54 million why would he take less?
No not really. The buyout is owed over the term of the contract. If he wants a lump sum, a lower figure needs to be negotiated. Present value and all. Plus, there is a mitigation clause. If he wants that waived, he takes less. Plus, there maybe other things to negotiate.
Posted on 11/9/25 at 5:48 pm to TigerScorpion
quote:
Only reason would be if he wants to coach again. Take the lump sum, then it doesn’t matter how much he makes at his next school.
Y’all have this backwards. If he plans to work again he is going to make 9.5 mil a year no matter what. He has no reason to accept any reduction if he plans to work for the next 6 years either way.
Posted on 11/9/25 at 5:49 pm to ApexTiger
“If he wants to play hardball”
You mean if he expects the money OWED to him. The money our representatives negotiated.
Please I beg you and others to return to high-school. We have to get our education standards up. Being a state full of retards like yourself is tiresome.
You mean if he expects the money OWED to him. The money our representatives negotiated.
Please I beg you and others to return to high-school. We have to get our education standards up. Being a state full of retards like yourself is tiresome.
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