- 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
Posted on 10/2/17 at 8:45 am to memphis tiger
quote:
Do you realize how much damage he can do by the end of next season.
Once he knows he is a lame duck, you really think he will even pretend to recruit.
Whoever follows him in 2019 will have absolutely nothing to work with.
Hell, it won't surprise me if some of the best players from this freshman class transfer.
Exactly - It needs to happen this season. He will cost LSU far more than his buyout if allowed to continue. This team fell apart under his watch.
Posted on 10/2/17 at 9:17 am to notbilly
Everyday is one day closer to plus side of plus/minus cost evaluation. Just two or three months to go.
Posted on 10/2/17 at 9:42 am to phideauxlsu
quote:actually, I think we're in the Archer phase. Promoted an assistant who is just a horrible head man.
If history is repeating itself, we are at the Hallman phase. There is going to have to be a Dinardo phase before the Saban phase.
I think the right coach takes us back to something above the Dinardo era quickly.
Posted on 10/2/17 at 9:44 am to tigerborderjumper
FYI, recruiting has already been suffering, even before the MSU game. Recruits and their parents know a snake oil salesman when they see one.
Posted on 10/2/17 at 9:45 am to notbilly
Can't they get him to quit?
Man, move his office to the janitor basement. Move his parking space to the Walmart on College. People aren't thinking creatively enough.
Man, move his office to the janitor basement. Move his parking space to the Walmart on College. People aren't thinking creatively enough.
Posted on 10/2/17 at 10:22 am to Goldrush25
This thread anchored? Fatty G doing work! I hate the leadership at my school.
Updated: Nevermind, I guess it's not anchored. I still think Fatty G doing work.
Updated: Nevermind, I guess it's not anchored. I still think Fatty G doing work.
This post was edited on 10/2/17 at 10:30 am
Posted on 10/2/17 at 10:30 am to clamdip
I'm still seeing $12 Million for the buyout.
Folks, that's false. :)
Folks, that's false. :)
Posted on 10/2/17 at 11:36 am to notbilly
LSU puts all of its athletic contracts online now, no doubt to stem the tide of FOIA requests. See link below for Alleva, Orgeron, and others:
All LSU Athletic Contracts
All LSU Athletic Contracts
Posted on 10/2/17 at 11:45 am to Golfer
quote:
Correct. Media loves the gotcha headline of $12M, though.
Might as well be 12M. Still have to buyout the new coach.
LSU needs about $35 million to make a coaching change with all the buyouts on both sides of the transaction.
LSU will lose well over $35million if we have a losing season. No bowls. No playoffs. Decreased attendance. Decreased primetime showtimes and media deals. Decreased merchandise sales. Decreased concession sales... etc.
Posted on 10/2/17 at 12:14 pm to clamdip
quote:
FYI, recruiting has already been suffering, even before the MSU game. Recruits and their parents know a snake oil salesman when they see one.
And its only gonna get worse
Posted on 10/2/17 at 6:17 pm to Bottom9
quote:
I have no doubts we would pull the plug on that shite quick.
I do as long as this guy is around
Posted on 10/2/17 at 6:19 pm to notbilly
I hate the talking heads on PTI, but Tony had a point today when he said “LSU can raise the money in an hour”... the money is there. It’s just a matter of the shot callers pulling the trigger. Need to pay that Aleva buyout first tho
Posted on 10/2/17 at 6:21 pm to notbilly
Even better, the financial details of Alleva's contract won't prevent him from being fired at all. In fact, once fired Alleva will cost about as much as a shadow staffer, for 5 1/2 years.
Alleva's contract runs from July 1 to June 30 of each year, now til June 30, 2020. If he were fired today he'd be owed 33 months of pay (3 months of 2017, 12 months of 2018, 12 months of 2019 and 6 months of 2020).
Alleva makes $725,000 per year. Of that, $525,000 is his base salary. The remaining $200,000 is from "affiliated foundation funds" - probably TAF money.
Just like the Miles buyout, the amount of Alleva's buyout is whatever he's owed until June 30, 2020, less any money he makes doing other things, payable monthly over twice the months remaining. However, his buyout is based ONLY on the $525,000 base. The $200,000 in TAF money is NOT included in calculation of his buyout.
By my math, $525,000 a year is $43,750 per month. If you multiply that times 33 months, the full, unreduced buyout amount would be $1,443,750 if Alleva was fired today.
Alleva has the same "best efforts" clause Miles had, too. Let's assume he could make $200,000 a year ($16,666.67 a month) as a small school AD (his original base at LSU in 2008 was $325,00 per year). He either goes and gets a job that pays that, or if he doesn't LSU's attorneys can assume he could have if he used best efforts, and simply take a credit in that amount.
If he doesn't like it, he can sue LSU in state court in Baton Rouge and take his chances with a a 19th JDC jury. Over 33 months that offset of $200k a year/$16,666.67 per month would total about $550,000. So to make the number round, let's call the real buyout $900,000.
LSU can pay that buyout over twice the months like Miles - here that's 66 months, right at 5 1/2 years. So using the $900,000 figure, stretching it over 66 months gets you $13,636.37 per month, or just south of $165,000 a year. That's essentially like hiring an extra member of the "shadow staff" in terms of annual salary. Budget-wise this is a drop in the bucket, so an Alleva firing should not be blocked by any financial issues.
Alleva's contract runs from July 1 to June 30 of each year, now til June 30, 2020. If he were fired today he'd be owed 33 months of pay (3 months of 2017, 12 months of 2018, 12 months of 2019 and 6 months of 2020).
Alleva makes $725,000 per year. Of that, $525,000 is his base salary. The remaining $200,000 is from "affiliated foundation funds" - probably TAF money.
Just like the Miles buyout, the amount of Alleva's buyout is whatever he's owed until June 30, 2020, less any money he makes doing other things, payable monthly over twice the months remaining. However, his buyout is based ONLY on the $525,000 base. The $200,000 in TAF money is NOT included in calculation of his buyout.
By my math, $525,000 a year is $43,750 per month. If you multiply that times 33 months, the full, unreduced buyout amount would be $1,443,750 if Alleva was fired today.
Alleva has the same "best efforts" clause Miles had, too. Let's assume he could make $200,000 a year ($16,666.67 a month) as a small school AD (his original base at LSU in 2008 was $325,00 per year). He either goes and gets a job that pays that, or if he doesn't LSU's attorneys can assume he could have if he used best efforts, and simply take a credit in that amount.
If he doesn't like it, he can sue LSU in state court in Baton Rouge and take his chances with a a 19th JDC jury. Over 33 months that offset of $200k a year/$16,666.67 per month would total about $550,000. So to make the number round, let's call the real buyout $900,000.
LSU can pay that buyout over twice the months like Miles - here that's 66 months, right at 5 1/2 years. So using the $900,000 figure, stretching it over 66 months gets you $13,636.37 per month, or just south of $165,000 a year. That's essentially like hiring an extra member of the "shadow staff" in terms of annual salary. Budget-wise this is a drop in the bucket, so an Alleva firing should not be blocked by any financial issues.
Posted on 10/2/17 at 6:24 pm to sheek
quote:LSU lost to Florida St. in 1983 and Washington didn't even finish ranked in the final polls. Not too many injuries that I can recall. Just a bunch of underachieving players who improved tremendously when Arnspargar got there in 1984.
goes winless in the SEC, he gone. That hasn't been achieved since I was 6 years old in 1983. I thought that season was going to be great with beating #12 FSU and blowing out #9 Washington which was the largest crowd ever during that T.S. Configuration and seating with just the old West Upper and lower bowl along with that shitty arse PA system. O-T: What happened in 83? Did someone get hurt or we got a bunch of injuries? I attended all the home games 83', but I was little young to remember what happened to LSU for going winless in the SEC that year.
Posted on 10/2/17 at 6:26 pm to notbilly
Between you and JPLSU1981, I feel like I've read the two best TD posts in quite some time. Well-informed and very well-constructed. You two deserve alot of credit and a thousand upvotes
Posted on 10/2/17 at 6:34 pm to Martin Blank
quote:
LSU puts all of its athletic contracts online now, no doubt to stem the tide of FOIA requests. See link below for Alleva, Orgeron, and others:
All LSU Athletic Contracts
Am I reading Canada's and Aranda's contracts wrong or are they fully guaranteed?
Posted on 10/2/17 at 6:36 pm to Tiger Phil
quote:
'm still seeing $12 Million for the buyout.
Folks, that's false. :)
isnt the buyout essentially decreasing with each check he gets?
Popular
Back to top
Follow TigerDroppings for LSU Football News