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Posted on 2/20/13 at 11:33 am to AlexLSU
Of course, the Baltimore contract may have a clause that requires them to pay him a certain amount or, if he finds a new position, to augment that pay up to the same amount.
That type of provision is not terribly unusual, and could allow LSU / CC to back load his compensation higher than it would otherwise be.
That type of provision is not terribly unusual, and could allow LSU / CC to back load his compensation higher than it would otherwise be.
Posted on 2/20/13 at 11:36 am to nitwit
quote:
Of course, the Baltimore contract may have a clause that requires them to pay him a certain amount or, if he finds a new position, to augment that pay up to the same amount.
That type of provision is not terribly unusual, and could allow LSU / CC to back load his compensation higher than it would otherwise be.
This makes a good bit of sense. Of course, if this kind of clause in his Baltimore contract were loosely enough worded so that CC could maximize his payout from the Ravens by deferring 2013 salary from his new employer, the Ravens need a better lawyer.
Posted on 2/20/13 at 11:39 am to liquid rabbit
quote:
I wish I made "only" $600,000
Posted on 2/20/13 at 11:56 am to nycajun
From what I understand, there is a decent chance the Ravens challenge this contract.
Posted on 2/20/13 at 11:57 am to Teddy Ruxpin
quote:
From what I understand, there is a decent chance the Ravens challenge this contract.
What exactly does that mean?
Posted on 2/20/13 at 11:59 am to EarthwormJim
quote:
What exactly does that mean?
The LSU contract is likely structured that way so that the Ravens have to keep paying him. They might challenge the fact that he didn't mitigate the damages so he could keep the Ravens paying him.
Obviously, the Ravens would want to challenge that and make LSU pay him the market rate, etc.
Its a very common fight between coach reps and university reps apparently.
This post was edited on 2/20/13 at 12:00 pm
Posted on 2/20/13 at 12:02 pm to EarthwormJim
quote:
What exactly does that mean?
Suppose the contract with Baltimore says something like, "If you're fired, we will pay you your salary for 2013, but anything we owe you will be reduced by anything you make if you get another job in 2013." If the Ravens owed him $100 for 2013, and LSU agreed to pay him $100, then the Ravens would owe nothing. If his deal with LSU is no pay for 2013, and $200 for 2014, the Ravens might be expected to argue that he's obviously just deferring his 2013 pay of $100 from LSU in order to get an extra $100 from them, and he should be treated, for purposes of the Ravens contract, as having gotten $100 for 2013.
No doubt both his Ravens contract and his LSU contract are more sophisticated in their wording, but that's the basic idea.
This post was edited on 2/20/13 at 12:05 pm
Posted on 2/20/13 at 12:04 pm to nycajun
quote:
nycajun
That's the idea.
Posted on 2/20/13 at 2:06 pm to Teddy Ruxpin
If we play in Pasadena, CA in Jan. and win the NC there will be no belly aching. 
Posted on 2/20/13 at 2:09 pm to Dan
Awesome pre-production raise
Posted on 2/20/13 at 2:21 pm to sunnydaze
he's an experienced and decorated NFL OC....he wasn't going to be cheap
Posted on 2/20/13 at 2:30 pm to Uncle Stu
quote:
That's a hell of alot of coin to not have to call plays. Good for him
Posted on 2/20/13 at 2:33 pm to Hair of the Dog
quote:
If we play in Pasadena, CA in Jan. and win the NC there will be no belly aching.
You are new here aren't ya?
Posted on 2/20/13 at 2:46 pm to Dan
I bet Gruden would have come to LSU for that kind of money
Posted on 2/20/13 at 3:11 pm to Richard Castle
quote:
I wish I made "only" $600,000
Wait....I thought this was the minimum qualification to post on the OT? You may have just got yourself banned! 
Posted on 2/20/13 at 3:44 pm to Uncle Stu
quote:
That's a hell of alot of coin to not have to call plays. Good for him
Scapegoats don't come cheap.
Posted on 2/20/13 at 3:53 pm to nitwit
hopefully he can put an end to TELEGRAPHING the plays
Posted on 2/20/13 at 4:53 pm to LsuTool
quote:
hello tailgate fees
I remember much cheaper times.
The year was 1994, and the QB was Jamie Howard...
Posted on 2/20/13 at 7:14 pm to YouthInAsia
Worth every penny if we have an offense ranked 30th or higher.
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