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re: Canada and Orgeron : The story

Posted on 1/10/18 at 12:21 pm to
Posted by Open Your Eyes
Member since Nov 2012
9252 posts
Posted on 1/10/18 at 12:21 pm to
Thanks for taking the time to research all of that, actually pretty good info.

quote:

so the odds of him breaking even with the $3mil is actually quite slim.


The answer to the question of why would Canada take a lesser buyout if he wasn't doing the things being said is because doing so allowed him the possibility to make even more money going forward. Whether he will or not I'm not sure. But again, it's not out of the realm of possibility that someone with Canada's apparent ego would bet on himself in this situation because he thinks he can.

I would add that most of if not all of those schools are hiring new head coaches that are likely going to demand higher staff salaries. I don't think it's unrealistic at all to think more than 3 of the vacancies on that list will pay more than $775k for coordinators next year.

I'd also add that most of the big vacancies have been filled by coaches thatvare heavily involved in their teans offenses, and it is possible that Canada wouldn't have interest in going to those places since they would limit his power. Will be interesting to see how it plays out.
Posted by BayouCowboy
Member since Dec 2012
14563 posts
Posted on 1/10/18 at 12:26 pm to
quote:

The answer to the question of why would Canada take a lesser buyout if he wasn't doing the things being said is because doing so allowed him the possibility to make even more money going forward. Whether he will or not I'm not sure.

Why would Canada drop the possibility of the full contract up front? Didn't every other buyout to former LSU staff have terms that "if" they got new employment that would offset LSU's financial responsibility?
Posted by Nutriaitch
Montegut
Member since Apr 2008
7973 posts
Posted on 1/10/18 at 12:33 pm to
quote:

But again, it's not out of the realm of possibility that someone with Canada's apparent ego would bet on himself in this situation because he thinks he can.


oh he may very well bet on himself that he can.

but because it's "late" in the game, the number of openings is lower than had this happened immediately after the season.

I believe someone posted that $3.25 mil over 2 years is what his original buyout was.
He settled for $1.7
a difference of $1.55 mil

he needs to average $775 over 2 years to break even.

due to the small pool of openings, if he doesn't land a gig this year, he needs to hit the entire $1.55 mil next year.
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