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re: Case it hasn't sunk in yet - a 10 yr coach at a Blue Blood U made a 'lateral move' to LSU
Posted on 12/1/21 at 4:20 pm to wheelz007
Posted on 12/1/21 at 4:20 pm to wheelz007
quote:Notre Dame would have matched the contract had he asked. They have tons of money. But the dude never gave them a chance. Dude just ghosted. Think he realized Notre Dame was a dead end and at the current state of college football it wasn't possible to win there.
Don't kid yourself - $100 million is a ton of money and would entice almost anyone to come here.
1
Posted on 12/1/21 at 4:23 pm to Big Scrub TX
quote:you give me $40M after tax and I can damn sure never make my kids work for their whole life.
It's a lot of money, but it's not the "my kids kids will never have to work" type of thing - unless managed properl
Hell that would pay out $500-700k a year in interest on a simple CD with zero risk. Without ever touching the 40m
Posted on 12/1/21 at 4:27 pm to Vlatket
quote:yeah people forget he didn't let ND counter.
Notre Dame would have matched the contract had he asked.
This was NOT about money because he could've gotten money if that's what he was looking for.
That should make lsu fans excited
Posted on 12/1/21 at 4:27 pm to SportTiger1
quote:Sure. Of course, the problem is he only gets $10M this year - probably closer to $5M after tax.
you give me $40M after tax and I can damn sure never make my kids work for their whole life.
Hell that would pay out $500-700k a year in interest on a simple CD with zero risk. Without ever touching the 40m
You might be surprised how heirs can royally squander shite.
Posted on 12/1/21 at 4:46 pm to Big Scrub TX
quote:
Eh. The after-tax, present value of that is probably like $20M. Not bad, but certainly easily squanderable by just his kids.
Not close. PV after-tax is around $60,000,000. Some goes to his agent, so make it 50-55 million. But likely bonuses for Championships and such. This is a great deal of money.
Posted on 12/1/21 at 5:24 pm to Meauxjeaux
Plus he left notre dame on the brink of the playoffs and a current top four recruiting class.
Posted on 12/1/21 at 5:25 pm to Meauxjeaux
Woohoo! Geaux Tigers!!!
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