- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: I don't understand a 12 Million Dollar Buyout
Posted on 9/18/17 at 10:26 am to MOT
Posted on 9/18/17 at 10:26 am to MOT
quote:
That actually makes some sense also, but I'm not convinced Alleva would be in serious trouble if Orgeron tanks. Alexander is no Emmert, I think he's okay as long as the money is coming in and Alleva doesn't preside over scandal.
If O tanks out this year and was fireable after one season with the way that search went down? LSU would be under heavy pressure to fire Alleva. There would be very influential people calling for his head, I have no doubt. On the other hand, it doesn't work out after 4-5 years, then maybe you give Joe a pass. It all makes sense if you look at it from Alleva's perspective, which is obviously all he cares about.
0
Posted on 9/18/17 at 10:29 am to Peazey
quote:
I'm told he makes a killer pot of seafood gumbo.
I was literally gonna reply gumbo "LSU hired Ed Orgeron as its head football coach." my answer to everything right now.
Posted on 9/18/17 at 10:29 am to JBeam
"What if I told you, a guy that gets fired from Ole Miss, is wanted by no one else and gets a 12 million dollar buyout from a top ten program?" 30 for 30 episode "The Binder" brought to you by ESPN
Posted on 9/18/17 at 10:30 am to MOT
quote:
If he isn't worth a standard contract then the standard contract isn't the problem, it's the original decision to begin with.
I really don't know what is standard for power 5 football coaches. Is what is essentially close to a fully guaranteed contract really standard?
Posted on 9/18/17 at 10:30 am to Tigerbait357
quote:
Alleva: Look I know O is completely unfit for this job, but frick it I'm going to go ahead and give it to your client
Agent: Really? Ok well look we have no offers from anywhere else, but if O takes this job we're going to need a pretty big buyout.
Alleva: Deal!
Posted on 9/18/17 at 10:31 am to Goldrush25
1) Gundy was approached the Sunday after Alabama
2) Fedora was approached later that week...in fact, Fedora told LSU that no one with a brain in their head would touch the LSU job right now.
3) Then the search guys actually changed their search and went after JL Mora at UCLA and Mora told them NO after about 10 minutes.
My source used to be an assistant coach at LSU in the 1990's and recently coached at a school in Texas.
2) Fedora was approached later that week...in fact, Fedora told LSU that no one with a brain in their head would touch the LSU job right now.
3) Then the search guys actually changed their search and went after JL Mora at UCLA and Mora told them NO after about 10 minutes.
My source used to be an assistant coach at LSU in the 1990's and recently coached at a school in Texas.
Posted on 9/18/17 at 10:33 am to JBeam
quote:
It really is mind blowing that his buyout at Ole Miss was 900K and somehow he jumped to $12M after a brief interm deal at USC & LSU.
I really want to see this binder.
Posted on 9/18/17 at 10:35 am to MOT
Alleva refused to get into a "bidding war" for Herman only to get into a bidding war WITH HIMSELF for Ogeron.
I think you're right as to why the $12 million buyout is in the contract. I'm sure the negotiations went something like this:
Alleva: "We aren't going to pay Ogeron a salary on the same level as Fisher, Herman, or even other guys in the SEC who have had some success as HC's (ex. Mullen, Freeze, Bielma, Sumlin, etc)"
O's agent: "Well, if you're going to make it a short contract (in duration) with low pay, O is going to be at a significant disadvantage in recruiting. Other coaches are going to tell recruits that LSU has no faith in O and he may not be at LSU very long. The terms of the contract are evidence of that."
In sum: LSU didn't want to pay O $4.0 million + because he hasn't done anything in his career to justify it, nor is there any market that high for his services. But, LSU couldn't pay Ogeron his market value because realistically, it is lower than that of his two coordinators. It's maybe not a good look to have your HC making less than the DC/OC. It's a sign to the players, fans, etc of who is actually "in charge"
However, O's agent would have a point about the contract. Opposing coaches would ABSOLUTELY tell recruits that O is on a "short leash" at LSU and he likely won't be there long. Therefore, the 8 figure buyout clause was put in there to signal that LSU does have "faith" in Orgeron and that they aren't looking to fire him after one season, while still not giving him REAL dollars in the form of a high salary (relatively speaking).
The $12 million figure is really just ceremonial because what it actually signals is LSU has NO PLANS to fire Ogeron after one year, regardless of how this season turns out. The buyout could have been $12 million or $120 million. It doesn't really matter because it's not REAL money that LSU would ever have to pay because they have NO PLANS to fire O after this season.
Bingo!
quote:
You can't expect him to recruit when that could be used against him.
I think you're right as to why the $12 million buyout is in the contract. I'm sure the negotiations went something like this:
Alleva: "We aren't going to pay Ogeron a salary on the same level as Fisher, Herman, or even other guys in the SEC who have had some success as HC's (ex. Mullen, Freeze, Bielma, Sumlin, etc)"
O's agent: "Well, if you're going to make it a short contract (in duration) with low pay, O is going to be at a significant disadvantage in recruiting. Other coaches are going to tell recruits that LSU has no faith in O and he may not be at LSU very long. The terms of the contract are evidence of that."
In sum: LSU didn't want to pay O $4.0 million + because he hasn't done anything in his career to justify it, nor is there any market that high for his services. But, LSU couldn't pay Ogeron his market value because realistically, it is lower than that of his two coordinators. It's maybe not a good look to have your HC making less than the DC/OC. It's a sign to the players, fans, etc of who is actually "in charge"
However, O's agent would have a point about the contract. Opposing coaches would ABSOLUTELY tell recruits that O is on a "short leash" at LSU and he likely won't be there long. Therefore, the 8 figure buyout clause was put in there to signal that LSU does have "faith" in Orgeron and that they aren't looking to fire him after one season, while still not giving him REAL dollars in the form of a high salary (relatively speaking).
The $12 million figure is really just ceremonial because what it actually signals is LSU has NO PLANS to fire Ogeron after one year, regardless of how this season turns out. The buyout could have been $12 million or $120 million. It doesn't really matter because it's not REAL money that LSU would ever have to pay because they have NO PLANS to fire O after this season.
quote:
If he isn't worth a standard contract then the standard contract isn't the problem, it's the original decision to begin with.
Bingo!
Posted on 9/18/17 at 10:36 am to KiwiHead
I'm going to go ahead and say your source is full of shite. You're telling me Mora would rather be fired by UCLA then accept the job at LSU because he didn't like the way Miles was fired? That's completely bogus.
Posted on 9/18/17 at 10:36 am to Y.A. Tittle
quote:
What was O's bargaining chip to get that?
Posted on 9/18/17 at 10:37 am to Tigerbait357
I could name several reasons to fire Alleva, but this is the absolute stupidest thing he's done since he's been here! He is not looking out for the best interest of the university or the fans. In fact, he keeps alienating more fans with his policies.
Posted on 9/18/17 at 10:38 am to Alt26
this whole thing is about worst case scenario, they have enough ammo against him on the recruiting trail as it is, he needed early success to show stability. Now his arse is really going to get eaten alive out there
Posted on 9/18/17 at 10:41 am to iluvlsusports
extending Miles when he pretended to have interest in Arkansas and the hiring and buyout for O are things that will forever be attached to the Alleva legacy
will wade is the only hope he's got for his tenure to not be viewed as an utter failure.
will wade is the only hope he's got for his tenure to not be viewed as an utter failure.
Posted on 9/18/17 at 10:46 am to KiwiHead
quote:
Fedora told LSU that no one with a brain in their head would touch the LSU job right now.
Why?
Posted on 9/18/17 at 10:47 am to BilJ
quote:
this whole thing is about worst case scenario, they have enough ammo against him on the recruiting trail as it is, he needed early success to show stability. Now his arse is really going to get eaten alive out there
I don't disagree. However, as bad as last Saturday was (and it was BAD) it's still just one game. O is going to spin it to tell recruits it was a result of LSU simply not having enough good players on the roster. That sells.
At the end of the day, the biggest thing great HS players want is the opportunity to get on the field quickly. O is going to sell that. In fact, he already is by playing essentially everyone in the Freshman class.
Posted on 9/18/17 at 10:50 am to BilJ
quote:
I'm going to go ahead and say your source is full of shite. You're telling me Mora would rather be fired by UCLA then accept the job at LSU because he didn't like the way Miles was fired? That's completely bogus.
Yup
Posted on 9/18/17 at 10:51 am to Tigerbait357
Why is this thread anchored?
Posted on 9/18/17 at 11:03 am to BilJ
quote:
Mora would rather be fired by UCLA then accept the job at LSU because he didn't like the way Miles was fired? That's completely bogus.
Yep. You have really no idea how much that move last year affected how LSU is seen nationally by big name coaches in P5 schools. They can't trust that the AD to have their back.
Posted on 9/18/17 at 11:10 am to Alt26
quote:
"Well, if you're going to make it a short contract (in duration) with low pay, O is going to be at a significant disadvantage in recruiting. Other coaches are going to tell recruits that LSU has no faith in O and he may not be at LSU very long. The terms of the contract are evidence of that."
Well if that is true, why not offer an established coach the same deal but even more of a buy out. Then he can use the same reason in recruiting?
Posted on 9/18/17 at 11:13 am to Mo Jeaux
quote:
Why?
Joe Alleva for starters.....he's hated in the ACC after selling out the Duke Lacrosse team. The first two I mentioned; mentioned Alleva specifically and in the case of Fedora , he would not take the job just so he could compete for the #3 position in the SEC each year. He was not interested into having to get into "bidding wars" for recruits...those were his words.
Page 3 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News