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re: A 21 million dollar buyout..

Posted on 9/10/21 at 12:35 pm to
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
66342 posts
Posted on 9/10/21 at 12:35 pm to
Not always but this isn’t an insane buyout.

I think It’s 70% of remaining contract
Posted by Rosenblatt
Member since Apr 2019
6294 posts
Posted on 9/10/21 at 12:36 pm to
He won’t get much if anything
Posted by RB10
Member since Nov 2010
43789 posts
Posted on 9/10/21 at 12:36 pm to
quote:

I don’t have a link

I saw it on here in January 2020


Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84831 posts
Posted on 9/10/21 at 12:42 pm to
His buyout is only 70% of what’s remaining on his deal, which would be a 16.8 after this season, not the 21 widely reported.

They will fire him for cause then negotiate a settlement out of court for an undisclosed amount.
Posted by GeauxFightingTigers1
Member since Oct 2016
12574 posts
Posted on 9/10/21 at 12:47 pm to
Between $16.9-17.7m depending on the termination date plus all the assistant coaches as well. $20m+

Really too bad my federal tax dollars goes to that shite.
This post was edited on 9/10/21 at 12:48 pm
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
66342 posts
Posted on 9/10/21 at 12:50 pm to
quote:

Really too bad my federal tax dollars goes to that shite.


You know the Athletic Department doesn’t run on tax dollars.
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84831 posts
Posted on 9/10/21 at 12:51 pm to
quote:

Really too bad my federal tax dollars goes to that shite


It doesn’t idiot
Posted by GeauxFightingTigers1
Member since Oct 2016
12574 posts
Posted on 9/10/21 at 12:53 pm to
quote:

You know the Athletic Department doesn’t run on tax dollars.


There are countless scams. And the university as a whole gets even crazier.

https://www.vice.com/en/article/kbvvjx/how-the-ncaa-scams-taxpayers-for-welfare-money
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75132 posts
Posted on 9/10/21 at 12:53 pm to
Still one million less than Will Muschamp.

He’s been paid a total of 22 million dollars in buyout money alone.

15 million from Florida
7 million from South Carolina


Let that sink in.
Posted by GeauxFightingTigers1
Member since Oct 2016
12574 posts
Posted on 9/10/21 at 12:53 pm to
quote:

It doesn’t idiot


Yes it does. Name calling is awesome. Directly and indirectly all kinds of scams.
This post was edited on 9/10/21 at 12:54 pm
Posted by lsu777
Lake Charles
Member since Jan 2004
30960 posts
Posted on 9/10/21 at 12:56 pm to
quote:

That's insane if true


well it would only be true if he didnt have staff members that had ncaa violations, hadnt been implicated in mutiple title ix issues, hadnt had multiple issues with him being caught in positions which were unbecoming of the university etc.
Posted by joe2679
Member since Nov 2015
626 posts
Posted on 9/10/21 at 12:56 pm to
quote:

Ed O was being sought by multiple nfl teams after 2019

You have to pay market rates


Ignorance is bliss
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84831 posts
Posted on 9/10/21 at 12:57 pm to
quote:

Yes it does


How so? Be specific please.

I can’t wait for this
Posted by ibldprplgld
Member since Feb 2008
24951 posts
Posted on 9/10/21 at 12:58 pm to
quote:

GeauxFightingTigers1


You really should post less. Second day in a row (that I'm aware of) that you've made yourself look like a fool.
Posted by GeauxFightingTigers1
Member since Oct 2016
12574 posts
Posted on 9/10/21 at 12:59 pm to
quote:

How so? Be specific please. I can’t wait for this


I provided a link on only a small dose of the scams. Its actually scams on their scams.
This post was edited on 9/10/21 at 1:00 pm
Posted by GeauxFightingTigers1
Member since Oct 2016
12574 posts
Posted on 9/10/21 at 12:59 pm to
quote:

You really should post less. Second day in a row (that I'm aware of) that you've made yourself look like a fool.


You should really STFU
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84831 posts
Posted on 9/10/21 at 1:00 pm to
They closed the deduction loophole some years ago. Even then it was a deduction and not anyone “spending your tax dollars” as you said.

The NCAA host site solicitation process has zero to do with LSU.

What else you got?
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
66342 posts
Posted on 9/10/21 at 1:01 pm to
Nice 2015 article about a tax write-off that doesn’t exist anymore.

LSU’s athletic department doesn’t use Tax Dollars and in most years donates money back to the school.
This post was edited on 9/10/21 at 1:02 pm
Posted by GeauxFightingTigers1
Member since Oct 2016
12574 posts
Posted on 9/10/21 at 1:04 pm to
quote:

They closed the deduction loophole some years ago. Even then it was a deduction and not anyone “spending your tax dollars” as you said.

The NCAA host site solicitation process has zero to do with LSU.

What else you got?


Its not just tax loop holes even bowl games which they get a portion of are funneled down to the schools. Federal funds paid for the NCAA offices again, monies eventually flow. (read the link)

If they want a business let them pay taxes on employment of the players like every other business... all that comes out of someone's arse eventually and its not Woodward.
This post was edited on 9/10/21 at 1:08 pm
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
66342 posts
Posted on 9/10/21 at 1:07 pm to
quote:

Its not just tax loop holes even bowl games which they get a portion of are funneled down to the schools. Federal funds paid for the NCAA offices again, monies eventually flow. (read the link)



Sorry, what does that have to do with O’s buyout?
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