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Started By
Message
re: John Carmouche: "the taxpayer has never paid for a coach and never will"
Posted on 10/31/25 at 9:15 am to TackySweater
Posted on 10/31/25 at 9:15 am to TackySweater
quote:
And many many many posters here who can’t stop bleeding about LaNdRy iS ScArInG aWaY aNy gOoD cOaCh!!!
We'll see who we hire as coach and AD now. It was a terrible look for the state and if you think this situation doesn’t scare away a prospective coach, you're a fricking idiot. I know a few coaches at the collegiate level and a sports agent, we are the laughing stock right now.
1
Posted on 10/31/25 at 9:15 am to RB10
quote:
The onus has to fall on someone. The LA taxpayers are literally the last parachute. It’s standard contract language to ensure the coach gets paid their guaranteed money no matter what. No coach is signing a contract without it.
That’s what we have been saying. Tax payers are ultimately on the hook if the wheels fall off.
Posted on 10/31/25 at 9:15 am to wadewilson
quote:
It's also technically right to say that the taxpayers are on the hook and have been on the hook for keeping ULL's athletic department above water, but that dumbfrick coonass can't be bothered from that.
The university would literally have to close before a single cent of Kelly’s, or any coach’s, buyout was paid by the taxpayers. Hell, I’d love for the TAF to tell the governor that they aren’t paying for Woodward’s buyout, but that isn’t happening. Just like always, the TAF is going to foot the bill for everything.
But these retards “want that language out of the contract”. It’s so dumb.
Posted on 10/31/25 at 9:17 am to bountyhunter
quote:
if you think this situation doesn’t scare away a prospective coach, you're a fricking idiot.
Imagine being so sure of yourself and at the same time being so wrong lol
quote:
know a few coaches at the collegiate level and a sports agent
Nobody of importance lol
Posted on 10/31/25 at 9:17 am to loogaroo
quote:
That’s what we have been saying. Tax payers are ultimately on the hook if the wheels fall off.
See my above post. There would be much bigger problems than paying a buyout if the taxpayers felt the impact of that. The university would be shuddered.
Stop falling for Landry’s scare tactics.
Posted on 10/31/25 at 9:18 am to loogaroo
quote:
That’s what we have been saying. Tax payers are ultimately on the hook if the wheels fall off.
Holy frick. How dumb are some of y’all lol
Posted on 10/31/25 at 9:19 am to tiger94gop
quote:
Even if donations to athletics cover it, technically once donated it is LSU's money. So, If every bit of Donor money dried up. LSU (State of LA) would still have to pay the buyout.
If every bit of donor money dried up, the LSU athletic department would have to cover it. Not the state. That’s the point.
Contributions make up about 25% of football’s $107m in revenue. If all of those contributions dried up, LSU football would still run a surplus of ~$24 million. Enough to pay Kelly’s buyout of ~$8.9m/year, albeit with austerity measures required within the athletic department since football revenue funds everything else.
The only way academic/state funds get used is if the entire athletic department collapses. In that case, the state would also be on the hook for the athletic department’s ~$57 million in outstanding bonds. But I don’t hear anyone freaking out about that liability. Because LSU football is a business. If the state doesn’t want to accept any of the liability/risk that comes with that business, they can always spin the whole thing off.
Meanwhile, Jeff’s alma mater uses $16.5 million per year of actual state funding to keep its athletic department’s afloat.
Posted on 10/31/25 at 9:19 am to loogaroo
quote:
That’s what we have been saying. Tax payers are ultimately on the hook if the wheels fall off.
Just like every other contract for every coach at a public university in the country
Posted on 10/31/25 at 9:22 am to Ingeniero
Or he might actuallyhave a point. If the state is never expected to pick up the buyout, why put it in there?
Posted on 10/31/25 at 9:22 am to Fat Bastard
quote:
landry is right. just because it has not happened does not make that smart at all to have LSU aka state as the guarantor of these ridiculous contracts SHOULD the TAF donors fail to pay. it is fricking stupid. hey let's just rely on winks and nods! contract was garbage. that dipshit approved it so wonder he defends it! LOL!
keep defending stupidity. you never ever expose yourself like that in contracts.
Sorry, but this is just dumb.
The contract is between two parties. If one party is guaranteeing a contract...then obviously it has to be "on the hook".
Posted on 10/31/25 at 9:27 am to TackySweater
quote:
Imagine being so sure of yourself and at the same time being so wrong lol
quote:
Saving this thread for when we hire the next Sunbelt Billy. You'll probably be nowhere to be found when I rub your nose in your own make though.
Posted on 10/31/25 at 9:28 am to TackySweater
How dare anyone question the great and powerful Jeff Landry !! He clearly isn’t doing all of this to boost himself in the media and make a run for a national administration!!
Bootlicking snowflakes have faith! Landry will bring us to the promised land !
Bootlicking snowflakes have faith! Landry will bring us to the promised land !
Posted on 10/31/25 at 9:30 am to dstone12
quote:
This board cannot choose. They keep saying the governor needs to stay out of it because the taxpayers are really not on the hook. If that’s the case, take the verbiage out of the contract for the tax payer being on the hook. If you do that, the governor will never talk about the taxpayer burden again. This board can’t have it two ways. It’s gotta pick one.
LSU is the only athletic department in the state that generates a revenue surplus. It’s a business. With that business comes financial liability/risk.
If you’re worried about the financial risk to the state, you can choose to sever the connection between the university and athletic department. That’d be pretty stupid considering the athletic department has transferred ~$6 million per year back to the university in average over the past 15 years. But hey, that’s an option if the state can’t stomach the risk.
But why is our governor hand-wringing over the remote, doomsday possibility that LSU athletics can’t pay Kelly’s $8.9m/year buyout while the state spends over $70 million per year of actual taxpayer money to float the rest of the athletic departments at the state’s public universities?
Posted on 10/31/25 at 9:32 am to lostinbr
quote:
But why is our governor hand-wringing over the remote, doomsday possibility that LSU athletics can’t pay Kelly’s $8.9m/year buyout while the state spends over $70 million per year of actual taxpayer money to float the rest of the athletic departments at the state’s public universities?
None of them will answer this.
Posted on 10/31/25 at 9:34 am to bountyhunter
quote:
Saving this thread for when we hire the next Sunbelt Billy. You'll probably be nowhere to be found when I rub your nose in your own make though.
Ok. No big time coach that wants this job is going to say no because if what the governor says lol
Posted on 10/31/25 at 9:35 am to GoodOleBoy54
quote:
Bootlicking snowflakes have faith! Landry will bring us to the promised land !
Are you 12?
Posted on 10/31/25 at 9:36 am to TackySweater
quote:
Holy frick. How dumb are some of y’all lol
What’s dumb about it? Explain it then.
Posted on 10/31/25 at 9:37 am to loogaroo
quote:
What’s dumb about it? Explain it then.
It’s been explained to you multiple times by different posters. Just look at lostinbr’s post. It’s as concise and accurate as you could possibly need.
You’re still apparently unable to grasp it.
Posted on 10/31/25 at 9:39 am to Fat Bastard
quote:
OP avoided that for obvious reasons. he is ok with that guy saying hey don't worry about it.....wink wink.....nod nod..... doesnt matter what congtract says nothing will evber go wrong!
There are controls in place to manage this.
Are you familiar with the Board of Supervisors?
Why do you think LSU found private money this time? For funsies?
LSU is a State University so obviously the State would be the ultimate party responsible for the guaranteed contract they are engaging in.
Posted on 10/31/25 at 9:39 am to loogaroo
quote:
What’s dumb about it? Explain it then.
Read this thread lol
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