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re: The question is simple. Is what Coach O is putting on the field worth $8,687,500 a year?

Posted on 9/5/21 at 11:17 pm to
Posted by JPLSU1981
Baton Rouge
Member since Oct 2005
26452 posts
Posted on 9/5/21 at 11:17 pm to
quote:

Orgeron’s new contract began on Jan. 14 2020 and expires Dec. 31, 2025.

Orgeron’s buyout equals out to 70% of the salary remaining on the entire contract. If LSU were to terminate Orgeron’s contract in the first year, his buyout would be about $27 million; in the second year, about $21 million; in the third, $16.8 million; in the fourth, $12.6 million; in the fifth, $8.4 million; and in the final year, $4.2 million.

In total, the contract is worth $41 million before bonuses.


Buyout at end of each season:
End 2021- $16.8 mil
End 2022 - $12.6 mil
End 2023 - $8.4 mil
End 2024 - $4.2 mil
End 2025 - $0
This post was edited on 9/5/21 at 11:22 pm
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