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re: Does CEO really have a 12 million buyout?

Posted on 9/18/17 at 8:12 pm to
Posted by OceanMan
Member since Mar 2010
20085 posts
Posted on 9/18/17 at 8:12 pm to
quote:

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?


Yeah, I'm not arguing that the buyout doesn't seem really high, because it does, but I haven't done any actual research in the buyout amount. Just taking what I see here at face value.

I guess what you can read into it is that O wouldn't agree to anything less than 3 years without LSU having a good bit of skin in the game.
This post was edited on 9/18/17 at 8:14 pm
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