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re: How much money does LSU owe Miles

Posted on 8/2/10 at 11:19 am to
Posted by LSUnowhas2
Baton Rouge
Member since Sep 2004
21981 posts
Posted on 8/2/10 at 11:19 am to
quote:

Effectively, Mile is holding LSU hostage. He does not have the integrity nor the honor to step aside.


This is a ridiculous statement. Les Miles is under a contract with a buyout clause. Under that contract, if LSU wants to terminate Les Miles employment before his contract is up, they have to do so by paying him his buyout unless Les Miles does something or something happens that would qualify as cause to fire him under the terms of his contract.

Integrity and honor don't have anything to do with it. LSU is just as at fault as Les Miles for offering him such a ridiculous contract in the first place.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467108 posts
Posted on 8/2/10 at 11:20 am to
$8-9M or so
Posted by tygerstripes
Baton Rouge
Member since Jan 2005
3391 posts
Posted on 8/2/10 at 11:21 am to
quote:

Effectively, Mile is holding LSU hostage. He does not have the integrity nor the honor to step aside.




And Im sure you would just walk away from $14 million.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467108 posts
Posted on 8/2/10 at 11:21 am to
quote:

Saban's last season wasn't all that great

we lost 3 juniors early to teh NFL and at that point our program could not sustain the loss

saban had to build LSU up, and in 2004 we simply did not have the elite depth to withstand those losses
Posted by blackjackjackson
fourth dimension
Member since May 2008
7684 posts
Posted on 8/2/10 at 11:21 am to
how much did you give your boss back every time you got fired?
how many times did you resign b/c someone didn't like your work?

he earned the money b/c the n.c. gave him a bonus per his contract.
and yes, you can go back and blame anyone you want (even go back a 1000 years) but every coach has the same bonus in their CONTRACT.

Posted by drexyl
Mingovia
Member since Sep 2005
23345 posts
Posted on 8/2/10 at 11:23 am to
quote:

we lost 3 juniors early to teh NFL and at that point our program could not sustain the loss
poor nick saban .....
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467108 posts
Posted on 8/2/10 at 11:25 am to
quote:

poor nick saban .....



miles was given the keys to a program with insane depth and after losing his QB of the future, he took 2 seasons to fricking claw back (and may not have clawed his way back yet. TBD)

saban left miles with JR and Flynn, as RS sophomores with 3 years left to play.
This post was edited on 8/2/10 at 11:27 am
Posted by Prominentwon
LSU, McNeese St. Fan
Member since Jan 2005
94813 posts
Posted on 8/2/10 at 11:29 am to
quote:

QB of the future, he took 2 seasons to fricking claw back


If Brantley gets hurt in the 1st game this year, what happens at Florida? 4? 5 losses? Take a look at the depth at QB there.
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22628 posts
Posted on 8/2/10 at 11:29 am to
quote:

You have a terrible case of the scorned lover syndrome.
I agree with this.
Posted by drexyl
Mingovia
Member since Sep 2005
23345 posts
Posted on 8/2/10 at 11:32 am to
quote:

miles was given the keys to a program with insane depth
so we went from not being able to withstand the loss of 3 juniors to insane depth in one year?

Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22628 posts
Posted on 8/2/10 at 11:32 am to
quote:

Les Miles is under a contract with a buyout clause
How much will it cost and will LSU/TAF have the gonads to do it?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467108 posts
Posted on 8/2/10 at 11:32 am to
quote:

Take a look at the depth at QB there.

it's not an excuse for miles, and it's not an excuse for meyer

it's a complete gamble in program building
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467108 posts
Posted on 8/2/10 at 11:34 am to
quote:

so we went from not being able to withstand the loss of 3 juniors to insane depth in one year?

2001 was our first major recruiting coup. sabes then built up depth little by little until this

2 of the 3 juniors who left were part of that 2001 super class

so yes. 1 year mattered a great deal
Posted by jlsutiger
Member since Nov 2004
3523 posts
Posted on 8/2/10 at 11:35 am to
quote:

$8-9M or so
Wrong. It will be in neighborhood of 14 million after this season. It was 18 million after last season.
Posted by Prominentwon
LSU, McNeese St. Fan
Member since Jan 2005
94813 posts
Posted on 8/2/10 at 11:37 am to
quote:

it's not an excuse for miles, and it's not an excuse for meyer


Maybe not, but, IYO, what would be the results?

I know it's not an excuse, but RP did leave the situation in shambles. At least Brantley loves pancakes.
Posted by Martin Blank
Member since Sep 2005
415 posts
Posted on 8/2/10 at 11:37 am to
I'm not sure it's even that much.

If the contract really hasn't been rolled over, then I read it to expire on December 31, 2012. That'd be 2 seasons after this one. So by my math, all he'd be owed is 2 season's worth of salary, LESS whatever he earns over that time frame.

So if he got a job someplace else in 2011, whether at the Big 10 Network or replacing Hawkins at CU, the total buyout could easily be under $6 million.

Another kicker - it's not owed in a lump sum. The contract allows it to be paid on the normal LSU payroll schedule (15th and 30th of month?). So it's not like Todd Graves or Richard Sturlese would have to cut a 7 figure check on the day Miles got the boot.
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22628 posts
Posted on 8/2/10 at 11:40 am to
quote:

The contract allows it to be paid on the normal LSU payroll schedule (15th and 30th of month?). So it's not like Todd Graves or Richard Sturlese would have to cut a 7 figure check on the day Miles got the boot.
If this is correct, this could make it possible.
Posted by drexyl
Mingovia
Member since Sep 2005
23345 posts
Posted on 8/2/10 at 11:40 am to
quote:


quote:
so we went from not being able to withstand the loss of 3 juniors to insane depth in one year?

2001 was our first major recruiting coup. sabes then built up depth little by little until this

2 of the 3 juniors who left were part of that 2001 super class

so yes. 1 year mattered a great deal
he had been here long enough to build enough depth that the attrition of 2 players from one recruiting class should excuse a subpar season. poor nick saban......

ETA: excellent use of an anchor on a stale arse topic
This post was edited on 8/2/10 at 11:45 am
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467108 posts
Posted on 8/2/10 at 11:42 am to
quote:

Wrong. It will be in neighborhood of 14 million after this season

how?

he's extended through 2012

may be an old link, but i find nothing new

he's avg of about $4M per

so after 2010, he's got $4M in 2011 and $4M in 2012 (give or take a lil extra in there)
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467108 posts
Posted on 8/2/10 at 11:44 am to
quote:

he had been here long enough to build enough depth

he was building a shite program that wasn't even a regional recruiting power when he took over

quote:

the attrition of 2 players from one recruiting class should excuse a subpar season.

we lost our 2 best offensive players and our 2nd best defensive player

miles has been in the shitter for 2 years b/c of a single QB leaving (who hadn't proven anything yet)
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