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re: Jimbo contract does not contain the lsu clause in his contract. it was removed

Posted on 9/29/16 at 1:52 am to
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 9/29/16 at 1:52 am to
This is what he is referring to. Looked in his post history


quote:

I do know jimbo first contract with fsu that if lsu came to him and wanted to hire him as the coach, lsu would not have to pay the buyout. lsu was the only school. jimbo wanted the opportunity to come here but it never happened his newest contract fsu put in clause that if lsu came calling they would have to pay 5 million because they know jimbo loves it here.


https://www.tigerdroppings.com/rant/display.aspx?sp=60639127&s=2&p=60638427#60639127
Posted by LSUTigerfaninHtown
President of the OT as of 5/26/11
Member since Nov 2008
24252 posts
Posted on 9/29/16 at 2:00 am to
quote:

This is what he is referring to. Looked in his post history


quote:

I do know jimbo first contract with fsu that if lsu came to him and wanted to hire him as the coach, lsu would not have to pay the buyout. lsu was the only school. jimbo wanted the opportunity to come here but it never happened his newest contract fsu put in clause that if lsu came calling they would have to pay 5 million because they know jimbo loves it here.



Well, if true, that's quite something. Getting that clause removed would certainly suggest a high level of interest.

Please let it be true.
Posted by Just_Fight_Baby
Haunting the Indian Mounds
Member since Sep 2016
1189 posts
Posted on 9/29/16 at 2:16 am to
Man, ya'll...lol...cracking me up. Google, huh. What's that?

You mean this contract? The one Jimbo signed on Dec 31, 2013?
Jimbo's 2014 Contract

All it said was that he was on the hook for (up to)$5.4 mil if he left the program before Jan 5th, 2019.

Or are you referring to THIS contract? The one he signed in 2015?
Jimbo's 2015 Contract

It comparatively reduces the amount of his financial liability to $5 mil if he leaves between now and Dec 31, or $3 mil after Jan 1, or $1mil after Jan 1, 2019. Someone made a reference to this above somewhere.

Reading contracts makes me sleepy - ya'll be good.

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