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re: Average SEC Head Coach's Buyout - $16,500,000

Posted on 2/5/19 at 3:34 pm to
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
78290 posts
Posted on 2/5/19 at 3:34 pm to
Ok, but you said pretty much all coaches have them.

And I’m not aware of really ANY that have them. The biggest I can Remember is Campbell’s at Iowa state and he was still pretty far off
Posted by Buckeye Jeaux
Member since May 2018
17756 posts
Posted on 2/5/19 at 3:36 pm to
quote:

Ok, but you said pretty much all coaches have them.
No I didn't.
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
78290 posts
Posted on 2/5/19 at 3:38 pm to
quote:

Those kinds of reciprocal buyouts don’t even exist now. Of course they do. Ones that don't demonstrate adequate consideration going both ways are all but gone. Like non-compete clauses for middle management employees


We were talking about. 25 million dollar buyout on a 25 million dollar contract and I said Those don’t exist.

Posted by lsufball19
Franklin, TN
Member since Sep 2008
71292 posts
Posted on 2/5/19 at 3:41 pm to
quote:

But when he arrived at LSU he did not.

Which i already said and addressed
quote:

But if they had, and then took firm steps to keep it in force (which may have meant paying Saban millions more in the short run), Saban might still be at LSU

no
Posted by Buckeye Jeaux
Member since May 2018
17756 posts
Posted on 2/5/19 at 3:42 pm to
quote:

Those kinds of reciprocal buyouts don’t even exist now. Of course they do. Ones that don't demonstrate adequate consideration going both ways are all but gone. Like non-compete clauses for middle management employees
You misread my comment. I was referring to the legality of such clauses. that's why I mentioned the non-compete issue that most states have disallowed because of a number of legal reasons - lack of adequate compensation being a prime reason.
Posted by lsufball19
Franklin, TN
Member since Sep 2008
71292 posts
Posted on 2/5/19 at 3:43 pm to
quote:

What if he had a reciprocal buyout on a 10 year deal - wasn't Saban getting 2.5 mil? 25 million buyout might have stopped Miami cold.

Name one coach who owes the school as much as the school owes him pursuant to buyout terms (they don't exist). Even the buyouts of today are not equal on both sides. And there is no amount of money LSU could have offered Saban to stay at LSU. We tried. Saban wanted to go to the NFL. There wasn't a dollar amount that would have kept him at LSU.
Posted by lsufball19
Franklin, TN
Member since Sep 2008
71292 posts
Posted on 2/5/19 at 3:45 pm to
quote:

All clauses that aren't illegal are open to negotiation.

and a if a school asks a coach to sign a contract that requires him to pay them the same amount they would pay him if a contract is bought out, it would be a non-starter. Just because you think it sounds fair doesn't mean it is, in any way, a realistic possibility.
This post was edited on 2/5/19 at 3:54 pm
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
78290 posts
Posted on 2/5/19 at 3:47 pm to
It’s legal but no coach would agree to it.

And like I said, that level of buyout for a coach doesn’t even exist
This post was edited on 2/5/19 at 3:48 pm
Posted by Buckeye Jeaux
Member since May 2018
17756 posts
Posted on 2/5/19 at 3:48 pm to
Sorry, but that is just you're opinion.

And weren't you the "Father Knows Best" Voice of Reason" a few pages ago?

quote:

it's impossible to have differing opinions and civil discourse. These types of people can'r argue without ad hominem comments

A one word comment with a laughing emoji? Ha! I though you were full of it when I read your presumptuous comment.
This post was edited on 2/5/19 at 3:49 pm
Posted by Buckeye Jeaux
Member since May 2018
17756 posts
Posted on 2/5/19 at 3:53 pm to
quote:

It’s legal but no coach would agree to it.


Of course they do if the compensation is adequate.

This post was edited on 2/5/19 at 3:54 pm
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
78290 posts
Posted on 2/5/19 at 3:55 pm to
Except none of them have. No coach wants to be locked into a situation where they literally can’t afford to leave.
Posted by lsufball19
Franklin, TN
Member since Sep 2008
71292 posts
Posted on 2/5/19 at 3:56 pm to
quote:

Sorry, but that is just you're opinion.

No, it's really not just my opinion. A big part of my job is negotiating contracts and settlements. No coach in the right mind (or his agent for that matter) would ever agree to a contract that is far and beyond what in any coach in America has done or would do. In contract negotiations, it's a complete waste of everyone's time to offer outlandish things that no one would ever, in their right minds, accept. A coach would be just as likely to get a school to agree to pay him $30MM a year for 20 years, fully guaranteed, as a coach would be likely to agree to pay a school the full amount remaining on his contract to take another job. Again, just because it sounds fair in your head doesn't mean it's realistic whatsoever.

quote:

A one word comment with a laughing emoji? Ha! I though you were full of it when I read your presumptuous comment.

Did I call you a name or imply some argument that was never made? No, I did not. And what presumptuous comment did I make? You have been asserting features of coaching contracts that are simply not true and arguing as if they are.
This post was edited on 2/5/19 at 4:00 pm
Posted by Whiskeyjack Del Rio
Duval
Member since Jan 2019
159 posts
Posted on 2/5/19 at 3:59 pm to
quote:

it's a complete waste of everyone's time to offer outlandish things that no one would ever, in their right minds, accept.


like a 10 year 75 million dollar fully guaranteed contract?

thats totally in line with what other coaches have asked for.
Posted by lsufball19
Franklin, TN
Member since Sep 2008
71292 posts
Posted on 2/5/19 at 4:04 pm to
quote:

like a 10 year 75 million dollar fully guaranteed contract?

thats totally in line with what other coaches have asked for.

Texas A&M has always given their coaches guaranteed buyouts. Did the same with Sumlin and Sherman before him. 7.5 million/year also isn't unprecedented. It's not even the largest per year contract in the SEC. Nick Saban is currently locked in to an 11 year contract making more per year than Jimbo.
Posted by Buckeye Jeaux
Member since May 2018
17756 posts
Posted on 2/5/19 at 4:06 pm to
quote:

Except none of them have. No coach wants to be locked into a situation where they literally can’t afford to leave.
Nonsense - A new coach (with a mediocre prior record - like Saban in the late 90's )may get substantial compensation if the AD wants the clause bad enough.

Yeah - Once the coach has had a great year or two, then no. It ain't happening.
Posted by Buckeye Jeaux
Member since May 2018
17756 posts
Posted on 2/5/19 at 4:10 pm to
quote:

You have been asserting features of coaching contracts that are simply not true and arguing as if they are.
If a clause is legal, it is doable. I assume you have negotiated some contracts in your life. I have negotiated hundreds at the very least.

And no, not coaching contracts, but very substantial contracts just the same.
This post was edited on 2/5/19 at 4:13 pm
Posted by lsufball19
Franklin, TN
Member since Sep 2008
71292 posts
Posted on 2/5/19 at 4:12 pm to
quote:

A new coach (with a mediocre prior record - like Saban in the late 90's )may get substantial compensation if the AD wants the clause bad enough.

such as? Also, you keep bringing up Saban's first contract. His first contract was 5 years for 6 million. He wasn't on his first contract when he left for Miami, which is where you began going down this rabbit hole.
quote:

Yeah - Once the coach has had a great year or two, then no. It ain't happening.

Ok, so Saban had several good years and was given a raise and extension. So earlier you said LSU should have tried to get him to agree to a 2.5 million/year contract for 10 years with him owing LSU the full contract price if he wanted to leave, but now you are saying if a coach has a good year or two it won't happen. So which is it? You can't argue both sides.
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
78290 posts
Posted on 2/5/19 at 4:13 pm to
Again, this hasn’t happened in the decade play since.

So it seems more like you’re wrong.

A coach could sign a contract where the he owes the school MORE possible.

Not likely.
Posted by lsufball19
Franklin, TN
Member since Sep 2008
71292 posts
Posted on 2/5/19 at 4:13 pm to
quote:

If a clause is legal, it is doable.

A contract being theoretically possible or legal does not in any way, shape, or form make it realistic or probable. There would be no incentive whatsoever for a coach to agree with what you're proposing.
This post was edited on 2/5/19 at 4:15 pm
Posted by Whiskeyjack Del Rio
Duval
Member since Jan 2019
159 posts
Posted on 2/5/19 at 4:21 pm to
quote:

Nick Saban is currently locked in to an 11 year contract making more per year than Jimbo.


right because schools should decide on what to pay coaches based off what Saban gets paid

this actually makes sense, considering what you have proposed for O.
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