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Guilbeau article on the high price of O’s buyout.

Posted on 10/21/21 at 4:21 pm
Posted by LeGrosChat
Bangladesh
Member since Feb 2016
602 posts
Posted on 10/21/21 at 4:21 pm
LINK

Prominent businessmen with strong interests and financial ties with LSU have been saying for weeks LSU would be able to finesse that $17 million buyout in Orgeron’s contract to something closer to $10 million because of Orgeron’s off-field issues.


Orgeron’s raise from $4 million a year to an average of $7 million a year through 2025 was enough of a reward for the national title. His buyout could have been a few million. But Woodward let it start at $27 million with it now down to $17 million.

That is even worse than former LSU athletic director Joe Alleva, who was able to fire Miles for $9 million and ended up paying only $4 million when Miles took the Kansas job.

Orgeron has said he doesn’t plan on coaching again. But he may become a spokesman for McDonald’s.

“I think I’m going to have enough money to buy me a hamburger every once in a while,” Orgeron said. “Maybe a double-meat cheeseburger.”

Thanks, Scott Woodward. Great move.

You have created the new Hamburglar.
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
88163 posts
Posted on 10/21/21 at 4:22 pm to
Not clicking
Posted by Big Gorilla
Bossier City
Member since Oct 2020
6248 posts
Posted on 10/21/21 at 4:22 pm to
LSU football is one of the few schools that buyouts don't matter. Pay it and move on. Get a winner and make >$120M/year.
Posted by Elleshoe
Wade’s World
Member since Jun 2004
143780 posts
Posted on 10/21/21 at 4:23 pm to
Guilbeau is fat
This post was edited on 10/21/21 at 4:24 pm
Posted by RummelTiger
Official TD Sauces Club Member
Member since Aug 2004
93051 posts
Posted on 10/21/21 at 4:24 pm to
Not clicking.
Posted by Damone
FoCo
Member since Aug 2016
32966 posts
Posted on 10/21/21 at 4:25 pm to
Look, I didn't want Ed to get another cent because he doesn't deserve it. But unless the money is coming out of your pocket, WGAS.
Posted by SurfOrYak
BR/MsDelta
Member since Jul 2015
422 posts
Posted on 10/21/21 at 4:29 pm to
Coach O is getting paid to keep his mouth shut and to keep recruits lined up (that part may not work out so well).
Posted by ColeLSU
Member since Jul 2008
5979 posts
Posted on 10/21/21 at 4:44 pm to
Thought we got rid of Guilbeau covering LSU??? Why tf is his crap still on this board?
Posted by la_birdman
Northern GA via Lake Charles
Member since Feb 2005
32012 posts
Posted on 10/21/21 at 4:47 pm to
quote:

Guilbeau article


I quit reading here
Posted by Captain Crown
Member since Jun 2011
56351 posts
Posted on 10/21/21 at 4:50 pm to
quote:

Guilbeau article


Posted by LSUcajun77
New Orleans
Member since Nov 2008
23985 posts
Posted on 10/21/21 at 5:14 pm to
quote:

Guilbeau article


Posted by Zombie Bob
Member since Feb 2021
487 posts
Posted on 10/21/21 at 5:15 pm to
I requested an anchor
Posted by ecb
Member since Jul 2010
10112 posts
Posted on 10/21/21 at 5:36 pm to
Thanks for warning me, will not read guilbeau
Posted by LSUEnvy
Hou via Lake Chas
Member since May 2011
12570 posts
Posted on 10/21/21 at 5:39 pm to
Not clicking
Posted by idlewatcher
Planet Arium
Member since Jan 2012
92947 posts
Posted on 10/21/21 at 6:12 pm to
Not sure why Woody gets a pass here. Any school who has solid boosters can overpay for a coach.

Had he been savvy, he would’ve gotten Mulkey here at the same pay rate or slightly more than what she was pulling at Baylor. LSU’s name carries weight - winning tradition, great fans, overall excellent facilities.

Look at the obscene contract Jimbo got and now Aggie is tethered.
Posted by RightHook
Member since Dec 2013
5560 posts
Posted on 10/21/21 at 6:16 pm to
ffs. you people worried about other people's money.

Posted by PenguinPubes
Frozen Tundra
Member since Jan 2018
11726 posts
Posted on 10/21/21 at 6:16 pm to
Screw him
Posted by CheerWhine
A little bit of Mardi Gras
Member since Apr 2014
77143 posts
Posted on 10/21/21 at 6:18 pm to
GG;DR
Posted by oilattorney4lsu
Baton Rouge
Member since Jul 2009
2068 posts
Posted on 10/21/21 at 6:20 pm to
McDonald’s spokesman??

Orgeron specifically said Sonic.

Motherfricker can’t even get that right. Worst reporter on the planet.
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
70880 posts
Posted on 10/21/21 at 6:26 pm to
quote:

ffs. you people worried about other people's money.


At a certain point, there is bound to be a financial limit to the various buyouts—because of realities or perception issues. Whether or not LSU is actually footing the bill, that could affect the program.
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