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re: Terms of Kelly contract released
Posted on 11/30/21 at 8:22 pm to Day Wisher
Posted on 11/30/21 at 8:22 pm to Day Wisher
It is not standard, and interesting indeed. Kelly basically saying if Woodward isn’t the AD, I want to be able to get out for free.
It’s not Woodward inserting himself into the contract (as surmised above), it’s Kelly asserting that he’s coming to work for/with Scott Woodward and if for some reason that changes I have the option to walk away without penalty.
It’s not Woodward inserting himself into the contract (as surmised above), it’s Kelly asserting that he’s coming to work for/with Scott Woodward and if for some reason that changes I have the option to walk away without penalty.
This post was edited on 11/30/21 at 8:26 pm
3
Posted on 11/30/21 at 8:41 pm to JPLSU1981
Does this mean technically if Kelly were to retire in 5 years he would owe LSU $2 million?
Posted on 11/30/21 at 8:43 pm to JPLSU1981
That is also under the “without cause” terms.
Posted on 11/30/21 at 11:53 pm to JPLSU1981
quote:
It’s not Woodward inserting himself into the contract (as surmised above), it’s Kelly asserting that he’s coming to work for/with Scott Woodward and if for some reason that changes I have the option to walk away without penalty.
I have thought more about it since i said it was job security for Woodward at LSU. What you said is also true, it gives BK some guarantee of who he is working for. But it also gives Woodward the ability to leave LSU and take BK with him at no cost. Wonder if the Mulkey or Johnson contracts had that.
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