- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Miles turned down more money?
Posted on 1/16/11 at 1:45 pm to Soft_Parade
Posted on 1/16/11 at 1:45 pm to Soft_Parade
No. If you would have read the article you would have realized that they are redoing his contract. The new contract will have a clause that if he is fired he will be paid a flat buy-out rate of $3-5 million instead of his annual salary times the years he has left remaining on contract.
So CLM is not only taking less money now but he is also agreeing to take less money if he is fired later down the road.
So CLM is not only taking less money now but he is also agreeing to take less money if he is fired later down the road.
3
Posted on 1/16/11 at 1:52 pm to ShaqTIGAH
true
Posted on 1/16/11 at 3:21 pm to ShaqTIGAH
quote:
No. If you would have read the article you would have realized that they are redoing his contract. The new contract will have a clause that if he is fired he will be paid a flat buy-out rate of $3-5 million instead of his annual salary times the years he has left remaining on contract.
So CLM is not only taking less money now but he is also agreeing to take less money if he is fired later down the road
Really glad to read that. I was afraid we sold the farm for Miles. While he had a solid year this year, he was still three plays away from being 7-5 (UNC, Fla. and UT). Not a Miles fan, but pull for the Tigers regardless of the coach. At least now we are not tied to him good, bad or indifferent.
Posted on 1/16/11 at 4:19 pm to ShaqTIGAH
quote:And at the same time, agreeing for it to cost less if he left and some other school had to pay his buyout. He also will have more years added to his contract.
So CLM is not only taking less money now but he is also agreeing to take less money if he is fired later down the road.
Did anyone think he could get anything more with all the cuts at LSU? (I know they're not athletic but the PR factor, still).
Also, did the article mention built-in incentives? Overall Miles got what he wanted. Money was never an issue. If he can't make it on 3.5 mil, 4 won't help.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News