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Message
Does House’s contract have a buyout ?
Posted on 12/23/23 at 7:09 pm
Posted on 12/23/23 at 7:09 pm
Anybody know
10
Posted on 12/23/23 at 7:16 pm to saturncube21
Yes, Scone believes that is the reason LSU has not fired House is because the brokers cannot come up with the buyout money and they need to see if he can leave on his own for an NFL job
Posted on 12/23/23 at 7:17 pm to SHBlake79
This wouldn’t happen to be one of those patented Woodword buyouts would it??
Bc if we can’t start making some better financial decisions…
Bc if we can’t start making some better financial decisions…
This post was edited on 12/23/23 at 7:19 pm
Posted on 12/23/23 at 7:18 pm to SHBlake79
Scone? 
Posted on 12/23/23 at 7:20 pm to SHBlake79
quote:
Scone believes that is the reason LSU has not fired House is because the brokers cannot come up with the buyout money and they need to see if he can leave on his own for an NFL job
So Mascona is back peddling after saying “House will 100% be fired” and instead of admitting he could be wrong, he comes up with this story? Checks out.
Posted on 12/23/23 at 7:20 pm to saturncube21
Posted on 12/23/23 at 7:26 pm to 7Tiger7
Thanks-so, 90% of his remaining salary. In the 4-5 million dollar range .
This post was edited on 12/23/23 at 7:28 pm
Posted on 12/23/23 at 7:27 pm to SHBlake79
quote:
Yes, Scone believes that is the reason LSU has not fired House is because the brokers cannot come up with the buyout mone
Very contradictory to his day to day LSU has plenty of money to hire / fire anyone.
He also said, before the season was over on whiskey and wine, that House was fired “100% fired, you don’t survive this…after discussion with ppl, it’s a done deal, trust me” laughed at the thought of house staying.
This post was edited on 12/23/23 at 7:30 pm
Posted on 12/23/23 at 9:13 pm to BootyFett69
quote:
This wouldn’t happen to be one of those patented Woodword buyouts would it??
Our fans are really stupid enough to not comprehend that coaches having buyouts in their contract isn't something only LSU does huh?
Posted on 12/23/23 at 9:15 pm to Hold That Tiger 10
Quit being annoying, you know exactly what I’m saying
Posted on 12/23/23 at 9:21 pm to saturncube21
All contracts have a buyout.
Posted on 12/23/23 at 9:33 pm to BootyFett69
quote:
Quit being annoying, you know exactly what I’m saying
I quoted exactly what you said. No matter what you meant it is, it's still completely idiotic.
Posted on 12/23/23 at 9:43 pm to saturncube21
90% of 1.6 after Jan 16th 2024
As I read it
As I read it
Posted on 12/23/23 at 9:49 pm to SHBlake79
If LSU doesn’t get rid of House they will have to pay a buyout for their head coach in the next couple of years. House’s buyout is a discount.
Posted on 12/23/23 at 9:59 pm to saturncube21
quote:
Thanks-so, 90% of his remaining salary. In the 4-5 million dollar range
He has 13 months left on his contract.
0.9 x $2mln + prorated amount for ~2 weeks if fired after the bowl, so approx $1.875mln
Posted on 12/23/23 at 10:20 pm to SHBlake79
quote:
Yes, Scone believes that is the reason LSU has not fired House is because the brokers cannot come up with the buyout money and they need to see if he can leave on his own for an NFL job
There’s a big difference between not being able to come up with the money (which we all know is bullshite) and waiting a bit longer for the NFL coaching carousel to get going. If you know a mutually beneficial arrangement can be set up that will spare House being fired before going off to his next job and us most of that buyout money, then why light that entire amount on fire if you don’t have to?
I imagine House will get a little something to incentivize him to go away, but not close to the entire buyout. But he would also get to move on without being fired. Saban didn’t same with BOB and Golding last year. Happens all the time.
Posted on 12/24/23 at 6:34 am to saturncube21
Sorry for being so redundant...only on comment: Fire Matt House !
Posted on 12/24/23 at 6:39 am to 7Tiger7
That’s not a bad compensation deal. Typical for these days.
Posted on 12/24/23 at 6:43 am to saturncube21
I’m just shocked that nobody has tried to poach him.
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