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re: Tim Brando and Miles' Buyout

Posted on 10/8/10 at 3:30 pm to
Posted by belowpar
Baton Rouge
Member since Nov 2007
1005 posts
Posted on 10/8/10 at 3:30 pm to
****I might be wrong.

I'll find out.

I was right...Yes through 14, 11.3 million AFTER this year
This post was edited on 10/8/10 at 3:58 pm
Posted by Elleshoe
Wade’s World
Member since Jun 2004
143616 posts
Posted on 10/8/10 at 3:32 pm to
quote:

The buyout is a little over 11.3 million AFTER this season.



where do you get that figure? isn't it just his yearly salary (which would be two more seasons)?
Posted by OldManRiver
Prairieville, LA
Member since Jan 2005
6925 posts
Posted on 10/8/10 at 3:33 pm to
quote:

The buyout is a little over 11.3 million AFTER this season

Which would mean his deal goes to 2013, right? So it was rolled over once?

11.3/3.8 = 2.97, so close enough to 3 for me.
Posted by tigerfoot
Alexandria
Member since Sep 2006
56711 posts
Posted on 10/8/10 at 3:33 pm to
And IMO I dont think it will or should be sniffed at you UNLESS....

1.) Recruits bail
2.) Attendance drops
3.) LSU loses to AR, AU, BAMA, AND UF.

IF two of these three happen I say run him. Until then....enjoy the ride.

I just upped my par level of bourbon to have on hand.
Posted by WacoTiger
Waco, Texas
Member since Nov 2003
3713 posts
Posted on 10/8/10 at 3:35 pm to
If he is terminated prior to December 31, 2010, he is owed for 2011, 2012, 2013 and 2014. I don't know the amount per year, but it would be multiplied by 4 for the 4 years remaining on his contract after this year. The Chancellor was not authorized to extend the term beyond December 31, 2014.
Posted by jlc05
Member since Nov 2005
32909 posts
Posted on 10/8/10 at 3:36 pm to
So what was Mentioned in the tb.com chat was correct
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