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re: Les Miles' contract - why the buyout would cost Zero or close to it.
Posted on 12/10/15 at 1:35 pm to The Mick
Posted on 12/10/15 at 1:35 pm to The Mick
quote:
* Summary - if Miles finds a new job and earns an average of only $1.4 MILL per year, LSU would never have to pay a nickel of buyout money. Oh, and if he is fired from another school and is owed a buyout from them, LSU's obligation is offset by that amount as well.
Did Mack Brown find another job?
Posted on 12/10/15 at 1:59 pm to moneyg
Did Mack Brown find another job?
![](https://ww3.hdnux.com/photos/40/64/17/8602602/5/square_gallery_thumb.jpg)
![](https://ww3.hdnux.com/photos/40/64/17/8602602/5/square_gallery_thumb.jpg)
Posted on 12/10/15 at 2:11 pm to Chicken
quote:
I am guessing that Miles was not planning to coach again and LSU knew that.
Exactly what I was going to post.
As to the "goodwill effort", simply demanding a salary comparable to his LSU salary would probably get him eliminated shortly after the interview process, if not before.
Anyone who has ever negotiated contracts or even bid on jobs they didn't want knows that you can use economics to get a "favorable" decline of services.
Posted on 12/10/15 at 2:14 pm to The Mick
The pretty clear point I'm making is that you've made no real point.
Posted on 12/10/15 at 2:20 pm to chipdouglas96
quote:
if this is true it just goes to show how incompetent morons are running this place.
This is not news. Even if a payoff was made in full, none of the money would have come from state coffers. Not sure why everyone keeps beating that dead horse. The LSU people changed their minds when the vast majority of people they heard from were in favor of keeping Coach Miles; that coupled with their fear of possibly squandering millions of dollars, regardless of where the funds came from.
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