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Posted on 11/30/07 at 6:05 pm to TSmith
quote:
10 years, 3M per year, annuity bonus at the end of 10 years with a huge buyout (10M)
I've heard the same thing
Posted on 11/30/07 at 6:08 pm to ForeverLSU02
quote:
10 years, 3M per year, annuity bonus at the end of 10 years with a huge buyout (10M)
--------------------------------------------------------------------------------
I've heard the same thing
Same thing I heard from my friend that is VERY high in the TAF. He even said the contract will include a clause that Saban can NOT coach college ball after he leaves LSU.
Posted on 11/30/07 at 6:12 pm to cnydreamer
10 years???
Man, you guys'll buy anything. Are you aware that State Law prohibits a contract of more than 5 years? CANT BE TRUE. People should check some facts before they post bad rumors, at least TRY to make it believable.
Man, you guys'll buy anything. Are you aware that State Law prohibits a contract of more than 5 years? CANT BE TRUE. People should check some facts before they post bad rumors, at least TRY to make it believable.
Posted on 11/30/07 at 6:12 pm to cnydreamer
quote:
He even said the contract will include a clause that Saban can NOT coach college ball after he leaves LSU.
I was actually taking you seriously until you said this.
Posted on 11/30/07 at 6:12 pm to cnydreamer
I realize saying that you have a source is like saying you have two legs around here. However, for what it is worth, the latest that I've heard on the TAF stuff is that Skip and one other big time booster are definite no's to Saban. However, a few others are definite yes's to Saban. They have been calling around to different people in a attempt to feel out how the different levels of contributors would feel about it. Clearly, I am not saying that Saban is coming back or anything of the sort. Furthermore, I am not making any assumptions about whether he would come back, what his contract would be, or so forth. I have heard nothing about that. Only that the boosters are being felt out right now about their opinion on the matter.
Posted on 11/30/07 at 6:13 pm to wilceaux
That is what I was told, I asked him WHY would Saban sign that after he has insisted on never having a buyout, he said "cause he HATES Alabama and WANTS to be at LSU".
Guess we will see.
Guess we will see.
Posted on 11/30/07 at 6:15 pm to Chicken
quote:
Ratphuc lives in Miami...and I think he is 28 now...
It's not Ratphuc.
It is Liffort's younger son, GerbilScrew Hobley.
Posted on 11/30/07 at 6:15 pm to cnydreamer
quote:No fricking way this is in his contract.
He even said the contract will include a clause that Saban can NOT coach college ball after he leaves LSU.
Posted on 11/30/07 at 6:16 pm to Dr. 3
My source says it is.
Posted on 11/30/07 at 6:24 pm to ForeverLSU02
Ummmm . . . I'm an attorney, I do corporate and business law, I would love to know the law that prevents contracts for more than five years. Guess in all the years I've read the Civil Code I must have missed that one.
Posted on 11/30/07 at 6:33 pm to alleytiger
quote:
Ummmm . . . I'm an attorney, I do corporate and business law, I would love to know the law that prevents contracts for more than five years. Guess in all the years I've read the Civil Code I must have missed that one.
Did I ever say that you were wrong???
Does this law only apply to government organizations and institutions?? I mean, it clearly states in the link that Bush is in the midst of a 6 year contract. And I'm almost positive that Drew Brees' contract is more than 5 years also. I was just curious
This post was edited on 11/30/07 at 6:36 pm
Posted on 11/30/07 at 6:37 pm to ForeverLSU02
Didn't say that you were wrong, I was agreeing with you. There is no law in Louisiana that prohibits contracts of more that 5 years. In fact, any such law would be unconstitutional as it would probably violate the commerce clause. I just hit post reply on your post because it was the last one on the thread. Sorry for the confusion.
Posted on 11/30/07 at 6:40 pm to BackLasher
"rantards"
you is one!
you is one!
Posted on 11/30/07 at 6:40 pm to alleytiger
quote:
Only that the boosters are being felt out right now
Oh to be a booster...
Posted on 11/30/07 at 6:43 pm to Roovelroe
I think he meant that the state can't offer a contract of more than 5 years. (LSU coach=state job)
A simple 30 year loan (contract) would be against the law otherwise.
A simple 30 year loan (contract) would be against the law otherwise.
Posted on 11/30/07 at 6:44 pm to alleytiger
quote:
Didn't say that you were wrong, I was agreeing with you.
Oooops. My bad, lol. I was getting all excited for nothing. I call a treuce
Posted on 11/30/07 at 6:54 pm to Roovelroe
That would still be incorrect. If the state couldn't enter into contracts for greater than 5 years, then many buildings and equipment which are leased by the State would be under contracts which violate this law. I'll look at the Code and statutes, but I've never heard of this limitation.
Posted on 11/30/07 at 6:56 pm to alleytiger
In an employment contract (not at-will employment), I believe the parties simply have to state a duration. I don't think there is a limit to the duration. In other words, we just don't want to have perpetual contracts.
I could be wrong though.
I could be wrong though.
This post was edited on 11/30/07 at 6:58 pm
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