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re: Guys, LSU will not make a change at the coaching position anytime soon

Posted on 9/4/16 at 11:52 pm to
Posted by Geauxgurt
Member since Sep 2013
13086 posts
Posted on 9/4/16 at 11:52 pm to
quote:

At least know your facts before throwing bullsh*t out there. You look stupid right now.


You realize that was his contract from 2012, right? He got a two year extension on top of a raise in 2013 because of Arkansas' "Interest" in him, which shifted his guaranteed money by 2 years.

Check out this NOLA.com article for proof. This is also not the only source that stated this, so you need to check your facts.


LINK
Posted by CalTiger53
California
Member since Oct 2011
9688 posts
Posted on 9/4/16 at 11:53 pm to
quote:

LSU will not be firing Les next week nor in the next 3 years.

Agree
Posted by CalTiger53
California
Member since Oct 2011
9688 posts
Posted on 9/4/16 at 11:54 pm to
quote:

LSU will not be firing Les next week nor in the next 3 years.

Agree
Posted by Geauxgurt
Member since Sep 2013
13086 posts
Posted on 9/4/16 at 11:54 pm to
quote:

They have a shite load of players who were brought in the last 2 classes who are very talented. And the 2017 class is littered with studs even if they keep half of them I don't think the cubbard will be empty


Les has recruited well, I get that, but there is a difference between unproven/inexperienced talent, and a upperclassmen-laden team with this much experience.

In the end, this was the perfect year for a new guy to come in and win big, which would in turn have kept LSU recruiting at the top.
Posted by Keys Open Doors
In hiding with Tupac & XXXTentacion
Member since Dec 2008
32750 posts
Posted on 9/4/16 at 11:54 pm to
I appreciate the link and finally some proof to the buyout numbers. $6.4 is still a lot of money, but looking at what Les has done to this fine program, it is low enough to run him off. I hope he isn't given any cushy position with the university as he has been compensated far more than he ever deserved.

Alleva's biggest mistake with Les was not calling his agent's Arkansas bluff.
Posted by ShermanTxTiger
Broussard, La
Member since Oct 2007
11297 posts
Posted on 9/4/16 at 11:55 pm to
They will... 2 years too late
Posted by mojoey
Covington
Member since Sep 2013
1185 posts
Posted on 9/4/16 at 11:57 pm to
quote:

even if they keep half of them I don't think the cubbard will be empty


Oh it's empty. It can only be empty.
Posted by IIxxBREADxxII
Baton Rouge
Member since Dec 2011
9769 posts
Posted on 9/5/16 at 12:00 am to
So basically the only way a top notch coach will come in here is if LSU is a clear cut top 3 team coming into the season?

Nick Saban came here at the end of Dinardo.Are you telling that LSU'S talent level won't be better than that if Miles is gone at the end of this year?
Posted by Geauxgurt
Member since Sep 2013
13086 posts
Posted on 9/5/16 at 12:01 am to
quote:

$6.4 is still a lot of money


Again, Les' buyout is $12.9 Million until January 1, 2018. And you are ignoring that we may and likely will have to buyout a number of assistant coaches.

Aranda is gonna be owed ove $2.5 Million likely.
Cameron will be owed likely $750 k.

It will be problematic and remain.

I am not saying it isn't the right decision to let go of Les. I am not a fan of his in any way, shape or form. The fact is that LSU proved money is an issue even if it isn't coming out of their coffers because of the perception that it will be a black eye given the money issues at LSU.
Posted by Geauxgurt
Member since Sep 2013
13086 posts
Posted on 9/5/16 at 12:05 am to
quote:

So basically the only way a top notch coach will come in here is if LSU is a clear cut top 3 team coming into the season?


Not at all. I said it won't be as enticing a job. Guys like Herman may have a shot at an NC at Houston and you think he'll jump to LSU?

quote:

Nick Saban came here at the end of Dinardo.Are you telling that LSU'S talent level won't be better than that if Miles is gone at the end of this year?


Nick Saban is an amazing coach, but most people had no idea who he was when he was hired although he was a very good coach. He came from a team on probation and proved himself truly while at LSU. That is not happening again without overpaying, which they did given the market at the time for head coaches. To be equivalent, LSU would have to double Les' salary to $9 million to show much more they paid Saban to bring him down here compared to their previous coach.
Posted by Keys Open Doors
In hiding with Tupac & XXXTentacion
Member since Dec 2008
32750 posts
Posted on 9/5/16 at 12:07 am to
I saw your link, and it is from a reliable source, but it is also a 3 year old link, and the math doesn't make sense. Les is making $4.3 a year. $4.3 for 3 years is $12.9. So that old Nola.com link is essentially saying that there is no negotiated buyout and he that his contract is 100% guaranteed unless he is fired with cause.

I'm not sure what Guilbeau's source is because he doesn't present a document (neither does Nola.com), but his total makes far more sense, as the only contracts that work the way your 3 year old link suggests are NBA contracts that are fully guaranteed due to collective bargaining.
Posted by GeauxLSUGeaux
1 room down from Erin Andrews
Member since May 2004
25521 posts
Posted on 9/5/16 at 12:15 am to
quote:

Check out this NOLA.com article for proof. This is also not the only source that stated this, so you need to check your facts.


They said its up to interpretation, but whatever.

From the article:

quote:

It may depend on how one reads the contract. But that is how many read it, including LSU’s attorneys. Miles’ agent George Bass does not read it that way if he actually read it. He was saying $15 million last year as were other media accounts, but they were wrong.


Regardless, whatever they owe him will be paid in installments double the time left on the contract, so the sooner they fire him the less burden it would be monthly, and that's not counting him getting another job in coaching they could be off the hook for a significant amount. So there's that as well.
Posted by olgoi khorkhoi
priapism survivor
Member since May 2011
16290 posts
Posted on 9/5/16 at 12:25 am to
quote:

reality is LSU will not be firing Les next week nor in the next 3 years.


That may be true, but if you believe that is true if he loses 3+ games this year and or next year then all I can do is .

This is big boy football and it doesn't work that way anywhere.
Posted by Geauxgurt
Member since Sep 2013
13086 posts
Posted on 9/5/16 at 12:35 am to
quote:

I saw your link, and it is from a reliable source, but it is also a 3 year old link, and the math doesn't make sense. Les is making $4.3 a year. $4.3 for 3 years is $12.9. So that old Nola.com link is essentially saying that there is no negotiated buyout and he that his contract is 100% guaranteed unless he is fired with cause.


The advantage in the buyout was LSU had flexibility early on. Les got more money guaranteed later. It's a weird structure, but it didn't go down the first couple of years.

In the end, it will depend on how the extension was structured. Was it a straight shift of the years? i.e. year three in the previous version is shifted to year one? That would be my guess, because it wouldn't make sense for Les to not gain guaranteed money with it.

If you think about it this way, LSU got a little flexibility in years 3-4 as LSU saves money if they fire him after after year 4 (2016), it costs the same as after year 5 (2017). So while it makes sense to fire him now if you plan to do so in the next two seasons, it still costs $12.9 million.

Again, the only interpretation I could see is LSU claiming that the extension in 2013 didn't reset the buyout to restart since two years had passed. I just can't see any judge buying that a guy would sign an extension that is meaningless and yields him no more guaranteed money.
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