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re: Les Miles settles buyout

Posted on 11/15/18 at 3:00 pm to
Posted by 225Tyga
Member since Oct 2013
15873 posts
Posted on 11/15/18 at 3:00 pm to
i dont understand why he would rather have 1.5 mil now instead of 6.5 mil by 2023
Posted by jbraua
Oklahoma City, OK
Member since Oct 2007
6794 posts
Posted on 11/15/18 at 3:00 pm to
Because he’s going to Kansas.
Posted by LanTheBuilder
New Orleans, LA
Member since Nov 2015
1251 posts
Posted on 11/15/18 at 3:01 pm to
He has a job locked in and wants some money before he signs... makes sense for LSU because we pay it, and it's done. We don't have to worry about his job falling through.
Posted by dandan
Member since Nov 2007
4347 posts
Posted on 11/15/18 at 3:02 pm to
Agree he can take another job and make more money instead of it offsetting the LSU buyout.
Posted by Alltheway Tigers!
Baton Rouge
Member since Jan 2004
7177 posts
Posted on 11/15/18 at 3:02 pm to
quote:

i dont understand why he would rather have 1.5 mil now instead of 6.5 mil by 2023


There could be some other items in there we don't know about regarding benefits and such.

Anyway, looks to benefit LSU more than Les and, if so, thank Les for the favor.

Forever LSU.
Posted by Philippines4LSU
Member since May 2018
8789 posts
Posted on 11/15/18 at 3:48 pm to
quote:

dont understand why he would rather have 1.5 mil now instead of 6.5 mil by 2023

He'll have more than 6.5 mil by then. He's taking another job most likely, which would negate the buyout anyway. Les was smart to settle and get that $1.5 mil rather than get nothing more from the deal.
Posted by keakar
Member since Jan 2017
30128 posts
Posted on 11/15/18 at 4:06 pm to
quote:

i dont understand why he would rather have 1.5 mil now instead of 6.5 mil by 2023


because he is finally going to accept a job

if he gets a job the pay is deducted from what he gets from us so he isnt losing anything by doing this, he most likely is getting a little bit more then the difference in pay offsets
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