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$10M After Taxes

Posted on 10/31/21 at 6:23 am
Posted by ShockG082
Member since Sep 2021
221 posts
Posted on 10/31/21 at 6:23 am
The POS can pay himself $300K for 33.3 years.
Posted by LSUTIGERS8181
Houston, TX
Member since Aug 2012
10045 posts
Posted on 10/31/21 at 6:24 am to
Not his fault he got that contract. Blame the administration that gave it to him
Posted by Damone
FoCo
Member since Aug 2016
32966 posts
Posted on 10/31/21 at 7:36 am to
Would be a real shame if Ed messed up his tax liability and got in trouble with the IRS. A real shame.
Posted by Penrod
Member since Jan 2011
39667 posts
Posted on 10/31/21 at 8:00 am to
quote:

The POS can pay himself $300K for 33.3 years.

Worse! He can pay himself $400,000 per year forever, assuming average returns and no depletion of the buying power of the principle.
Posted by Gray Tiger
Prairieville, LA
Member since Jan 2004
36512 posts
Posted on 10/31/21 at 8:08 am to
quote:

ShockG082



And precisely how much of that are you paying?

Posted by StupidBinder
Jawja
Member since Oct 2017
6392 posts
Posted on 10/31/21 at 8:34 am to
Nobody had a problem with the money immediately after the natty.

It’s water under the bridge man. Let it go.
Posted by notiger1997
Metairie
Member since May 2009
58268 posts
Posted on 10/31/21 at 8:35 am to
Lots of anger this early in the morning
Posted by oldskule
Down South
Member since Mar 2016
15476 posts
Posted on 10/31/21 at 8:54 am to
Biden will be after his bucks for sure....
Posted by CDawson
Louisiana
Member since Dec 2017
16445 posts
Posted on 10/31/21 at 9:01 am to
If he pays $7m in taxes he needs a new accountant.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65887 posts
Posted on 10/31/21 at 9:24 am to
CEO will go through this money like a hot knife goes through butter.

What kind of judgment and impulse control has he shown throughout his entire life?

God bless him on the rest of his life.
Posted by SOL2
Dallas burbs
Member since Jan 2020
4804 posts
Posted on 10/31/21 at 10:20 am to
He can make $400k per year for eternity if he invests it properly and earns 4% annually.
Posted by Alltheway Tigers!
Baton Rouge
Member since Jan 2004
7168 posts
Posted on 10/31/21 at 11:48 am to


He is not getting the emote $17 Million upfront.

$5 million at end of season. O has responsibilities to LSU for a few years for the rest of the funds. If Title 9 blows up, then LSU can fire with cause and not payout the entire amount.
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