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re: Did Kelly have a Buy Out at ND?

Posted on 11/30/21 at 8:32 pm to
Posted by Mrtommorrow1987
Twilight Zone
Member since Feb 2008
13454 posts
Posted on 11/30/21 at 8:32 pm to
If he had one I’m sure lsu paid it for him and he negotiated whatever it was into his contract
Posted by Mr Breeze
The Lunatic Fringe
Member since Dec 2010
6676 posts
Posted on 11/30/21 at 8:33 pm to
LD's?

Can't imagine how LDs would work in a coaching contract.

Loss of ticket revenue?

New coach hire expense?

LSU or any college would not be a party to an outside coach's LD clause, nor could a mere coach afford such terms vs the financial power of his employer.
This post was edited on 11/30/21 at 8:34 pm
Posted by TT
Member since Nov 2007
1309 posts
Posted on 11/30/21 at 8:35 pm to
No one owes anything is my point. Y’all are the ones arguing stupid shite
Posted by TT
Member since Nov 2007
1309 posts
Posted on 11/30/21 at 8:39 pm to
Go to the coaching changes board And read the contract where it specifically details the LDs, to which I summarized earlier. This is not rocket science guys. It’s business 1001, which is apparent y’all didn’t take
This post was edited on 11/30/21 at 8:44 pm
Posted by TT
Member since Nov 2007
1309 posts
Posted on 11/30/21 at 8:42 pm to
Read the terms of the co tract before you make judgement. You seem to have a business sense but you failed to do the due diligence
Posted by moneyg
Member since Jun 2006
62095 posts
Posted on 11/30/21 at 8:42 pm to
quote:

Most buyouts are to the university to which he is employed not the university he is hired to. In other words the university he was fired from would owe the buyout, not the university hiring him


Posted by TT
Member since Nov 2007
1309 posts
Posted on 11/30/21 at 8:45 pm to
Put the laugh emoji but it just verify you have no business nor law experience
Posted by Dizz
Member since May 2008
15967 posts
Posted on 11/30/21 at 8:45 pm to
OP asked about BK owing money to ND not about the new LSU contract.
Posted by TT
Member since Nov 2007
1309 posts
Posted on 11/30/21 at 8:46 pm to
No, he asked if there was a buyout at ND.
Posted by Dizz
Member since May 2008
15967 posts
Posted on 11/30/21 at 8:47 pm to
And what does his contact at LSU have to do with a buyout at ND?


I am sorry he said buyout which normal is commonly used when a coach leaves a school to take another job and thus owes the school money.
This post was edited on 11/30/21 at 8:49 pm
Posted by TT
Member since Nov 2007
1309 posts
Posted on 11/30/21 at 8:48 pm to
No you aren’t sure, you’re guessing
Posted by deathvalleytiger10
Member since Sep 2009
9064 posts
Posted on 11/30/21 at 8:51 pm to
So Kelly’s contract at ND did not have a clause that he owed them if he terminated the contract? And you know this how?
Posted by Dizz
Member since May 2008
15967 posts
Posted on 11/30/21 at 8:52 pm to
I think he actually got any buyout taken out of his contact in his last extension when he was being mentioned for NFL jobs.
Posted by iPadThai
Member since Oct 2011
1036 posts
Posted on 11/30/21 at 8:53 pm to
quote:

TT

Congratulations on getting 100 down votes and zero up votes on the first page of this thread. That's amazing.
Posted by moneyg
Member since Jun 2006
62095 posts
Posted on 11/30/21 at 8:57 pm to
You said no one owes anything.

That’s uncommon. Typically a coach that breaks his contract owes a “buyout” to the school. This is the norm. You didn’t know this.
Posted by deathvalleytiger10
Member since Sep 2009
9064 posts
Posted on 11/30/21 at 8:57 pm to
quote:

I think he actually got any buyout taken out of his contact in his last extension when he was being mentioned for NFL jobs.


Thank you.
Posted by TT
Member since Nov 2007
1309 posts
Posted on 11/30/21 at 8:58 pm to
You’re welcomed. And we wonder why we have some of the most irrational fans. We’re running neck and neck with the Bama fans who want to have Saban fired
Posted by TT
Member since Nov 2007
1309 posts
Posted on 11/30/21 at 8:59 pm to
You’re still confusing buyout with LDs
Posted by Dizz
Member since May 2008
15967 posts
Posted on 11/30/21 at 9:02 pm to
quote:

You’re still confusing buyout with LDs


Yes maybe if this was legal filing there would be confusion. Buyout means two things in the football world buyout to coach who is fired and buyout to school of coach who takes other job. Save your LD for court.
This post was edited on 11/30/21 at 9:04 pm
Posted by TigerBait2008
Boulder,CO
Member since Jun 2008
38299 posts
Posted on 11/30/21 at 9:03 pm to
Dumbass
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