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re: Who are these billionaire LSU boosters that are throwing money around?
Posted on 11/27/15 at 11:47 pm to CajunAlum Tiger Fan
Posted on 11/27/15 at 11:47 pm to CajunAlum Tiger Fan
quote:
you don't need a billion bucks to fund a buyout paid over 8 years that may be reduced if Miles or anyone else on staff gets another job.
If you're willing to part with 7 figures to get rid of a respected coach in December instead of January then you've got an insane amount of money.
Let's say you're worth $50 million, with around $5m net coming every year, and you give 1 million for this particular cause. That's still like a regular OT baller giving $10k.
Honestly, do you really think LSU Football is the only charitable cause for anyone? Just imagine how much they are giving in total, if they're willing to give that kind of money for LSU football.
This post was edited on 11/27/15 at 11:52 pm
2
Posted on 11/27/15 at 11:51 pm to Asgard Device
quote:
Let's say you're worth $50 million, with around $5m net coming every year, and you give 1 million for this particular cause. That's still like a regular OT baller giving $10k.
Your analogy implies that someone worth $500k won't give $10k over 5 years.
Posted on 11/28/15 at 8:08 am to Asgard Device
quote:
If you're willing to part with 7 figures to get rid of a respected coach in December instead of January then you've got an insane amount of money.
If you don't, it severely limits what coaches you have available to choose from. That's just the cost of doing business when you sign an idiotic extension.
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