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re: Scott Rabalais of the Advocate predicts 7-5 season for LSU
Posted on 8/12/18 at 9:52 pm to Tiger1988
Posted on 8/12/18 at 9:52 pm to Tiger1988
quote:
As far as Orgeron, his buy out after this year is 8.5 MM. so LSU can start over with a total buy out of about 10MM from both of those guys and just pay a coach what coaches make.
Incorrect. O’s buyout STARTS at $8.5 million in 2018, as in January 1, 2018. And it goes down every time he gets a paycheck. So if he gets fired in November of this season, the buyout is about $5.2 million. There is literally an example using a date in November 2018 in his contract.
LSU has all their contracts online now:
O Contract
ETA: it’s also payable in installments with $2 million due 60 days from termination. O can be fired very cheaply this Thanksgiving if need be.
This post was edited on 8/12/18 at 9:54 pm
Posted on 8/12/18 at 9:57 pm to Martin Blank
quote:
O can be fired very cheaply this Thanksgiving if need be.
Alleva can be fired for MUCH less. I’d be ok with that.
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