- 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
Does CEO really have a 12 million buyout?
Posted on 9/18/17 at 7:32 pm
Posted on 9/18/17 at 7:32 pm
Or is this one of those rant myths that we just ran with because we are pissed off about Saturday night?
Not trying to troll but really would love to know if Alleva was really that stupid.
Not trying to troll but really would love to know if Alleva was really that stupid.
Posted on 9/18/17 at 7:33 pm to memphis tiger
No. It's more than that. Goes down to $12M after 2017 concludes.
We f*kkt
We f*kkt
Posted on 9/18/17 at 7:33 pm to memphis tiger
Yes, Alleva was that stupid or something shady went down
Posted on 9/18/17 at 7:34 pm to memphis tiger
We have the worst administration ever
Posted on 9/18/17 at 7:34 pm to memphis tiger
There have been dozens of threads with links confirming this
Posted on 9/18/17 at 7:34 pm to memphis tiger
Yes.
And yes, Alleva is that stupid.
Better just grin and bear it or if you got the funds, just whip out the old checkbook. Help your fellow Tiger Fans out.
But we need JA away from LSU before the next hire is made. That dumb motherfricker will wind up giving the job to the janitor that cleans the toilets in the football ops building.
And yes, Alleva is that stupid.
Better just grin and bear it or if you got the funds, just whip out the old checkbook. Help your fellow Tiger Fans out.
But we need JA away from LSU before the next hire is made. That dumb motherfricker will wind up giving the job to the janitor that cleans the toilets in the football ops building.
This post was edited on 9/18/17 at 7:36 pm
Posted on 9/18/17 at 7:47 pm to memphis tiger
It really is the most boneheaded and unbelievable aspect of a saga that had a shitload of such moments.
This post was edited on 9/18/17 at 7:49 pm
Posted on 9/18/17 at 7:48 pm to memphis tiger
That is truly retarded
Posted on 9/18/17 at 7:49 pm to memphis tiger
Why in the hell did we give O that big of a buyout? We weren't in jeopardy of him going somewhere else or anything. His buyout should have been like 1 mil or the remaining current year salary
Posted on 9/18/17 at 8:00 pm to memphis tiger
How the frick does a 3 yr, $3.5m a year contract equate to a $12m buyout? We would pay him more if we fired him than if he actually coached all three years? Am I mistaken about his salary or what am I missing?
Posted on 9/18/17 at 8:13 pm to memphis tiger
quote:
Orgeron's two-way buyout with the program is $12 million this year and drops every subsequent year of the contract. It slips to $8.5 million in 2018, $6 million in 2019, $4.5 million in 2020 and just $1 million for the final year.
The Advocate
Posted on 9/18/17 at 8:17 pm to memphis tiger
Typical for fricked up Louisiana
Posted on 9/18/17 at 8:22 pm to memphis tiger
Don't believe this. Didn't he say in a press conference even if he had only one year here, he would stay as an assistant coach? Surely, I didn't just dream that?
Posted on 9/18/17 at 8:25 pm to memphis tiger
You all keep calling it a buyout - but it's more like a guaranteed salary. The buyout decreases throughout the 5-year contract. After this year, it's supposedly $12M which is $2M less than 4 years (remaining) x $3.5M/yr. Don't know if they have a mathematical formula or just chose a random number after each season served.
Posted on 9/18/17 at 8:44 pm to memphis tiger
I do not understand how you negotiate that kind of buyout for:
1) a guy who's dream job is to coach here, and
2) there was no demand for his head coaching services elsewhere.
Alleva had all the leverage and got his arse handed to him.
1) a guy who's dream job is to coach here, and
2) there was no demand for his head coaching services elsewhere.
Alleva had all the leverage and got his arse handed to him.
Posted on 9/18/17 at 9:18 pm to memphis tiger
Unless they have cause to fire him, LSU is fricked for the foreseeable future. Honestly, just have him framed for calling up escort services and save everyone the headache of the next 5 years of horrific football. ![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
Posted on 9/18/17 at 9:21 pm to memphis tiger
What can you do about it? Alleva is apparently not only the AD, but also a vice chancellor... I don't know how he maneuvered himself into that position, or are there several VCs? Anyway, that's an unusual title to be associated with an AD, and it would not be that easy to get rid of him if it carries weight.
Posted on 9/18/17 at 9:36 pm to memphis tiger
Even if buyout was smaller alleva kindof handcuffed. If we fire the coach after 1 year after a regime change and a new staff coming in it's a bad road to go down. Who would come then ?? The only way is fire the AD which is almost an automatic HC move anyway or at least a big fail this year and next. We're in this for 2-3 years and gotta hope this staff gets it together. With a lot of pressure on O and the program I don't see Raymond staying. He's a very hot commodity and someone may take a chance and offer him a D.C. Job.
Posted on 9/18/17 at 10:48 pm to memphis tiger
I still can't believe this..... we have to have the all time worst AD in the history of NCAA. Dude must go! He has taken LSU down so hard with this move.
How the F do you give a coach with such a bad track record as Zero such a buyout?? This has to be wrong?
How the F do you give a coach with such a bad track record as Zero such a buyout?? This has to be wrong?
Popular
Back to top
![logo](https://images.tigerdroppings.com/images/layout/TDIcon.jpg)