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Started By
Message
re: Les Miles' Contract
Posted on 10/8/10 at 9:36 pm to SouthernMan
Posted on 10/8/10 at 9:36 pm to SouthernMan
quote:
The contract clearly states that the contract 'presumptively' extends for one year if the team reaches a minimum of 8 wins.
The "AMENDMENT TO EMPLOYMENT AGREEMENT" #2 "Term" states the contract shall "end on December 31, 2012" futhermore "The Chancellor is authorized to extend the term of this Agreement at his discretion for up to two years to December 31, 2014, subject to the terms and conditions specified herein." The contract does not presumptively extend itself. The "presumption" is that winning 8 or more games will be the basis for the Chancellor extending the contract which will require a signed amnedment.
0
Posted on 10/8/10 at 9:36 pm to Cash
So the crux of the whole argument is this
If the Chancellor and President decide not to grant the extension, would that have to be made public record?
quote:
A. Winning eight or more games in a season presumptively will be the basis for a one-year term extension
B. A decision by the Chancellor not to grant a one-year term extension for any reason must be concurred in by the President of the LSU system
If the Chancellor and President decide not to grant the extension, would that have to be made public record?
Posted on 10/8/10 at 9:37 pm to SouthernMan
From Jim Kleinpeter on Monday, August 2, 2010:
LINK
So, from my thread, initial contract signed in 2006, with the same rollover clause, that has a term of 2006 - 2010.
Les gets a rollover for 2006 and 2007, which brings the term to 2012.
Les does NOT get 2008 and 2009 rolled over.
It's not all that difficult.
I feel like this is boom worthy, no?
quote:
His six-year rollover contract, which pays him $3.75 million per season, was not rolled over the past two years.
LINK
So, from my thread, initial contract signed in 2006, with the same rollover clause, that has a term of 2006 - 2010.
Les gets a rollover for 2006 and 2007, which brings the term to 2012.
Les does NOT get 2008 and 2009 rolled over.
It's not all that difficult.
I feel like this is boom worthy, no?
Posted on 10/8/10 at 9:38 pm to SouthernMan
quote:Either you go or Rummy goes and I vote YOU.....
Ban that fricker, Rummy.....
Because I'm right?
Posted on 10/8/10 at 9:39 pm to SouthernMan
quote:
And again PLEASE go back and READ the actual language that was discussed at length in the other tread THE CONTRACT DID NOT HAVE TO BE ROLLED, it was legally 'presumptive' which means AUTOMATIC!!!
For him NOT to get the extension there would have had to have been a reason and it WOULD HAVE REQUIRED action, not the other way around.
They took no action to revoke the AUTOMATIC extension so despite the fact that you don't think he deserved a 'roll' or don't see an amendment for said 'roll' it WAS NOT REQUIRED!!!
This is a wrong interpretation of the contract. The contract does not say that. Quote the exact language in the contract that says that and don't just reference WacoTiger. Your argument has no support and your exclamation points and CAPS won't get you there.
Posted on 10/8/10 at 9:40 pm to SouthernMan
quote:
defend him with fact then just ban them.
his contract could go through 2050, but he has to look for another job if he were to get terminated and like i said above, even ron zook landed a job for $1.5 million per year after florida canned him. if you break down the payout per year LSU would owe him $1.9 per year for 8 years if what you are saying is correct. LSU wouldn't pay out a horrible amount if les get's fired unless they pay a lump sum. if they went that route, it' wouldn't be $15 million.
Posted on 10/8/10 at 9:41 pm to OldManRiver
quote:
So the crux of the whole argument is this
quote:
A. Winning eight or more games in a season presumptively will be the basis for a one-year term extension
B. A decision by the Chancellor not to grant a one-year term extension for any reason must be concurred in by the President of the LSU system
If the Chancellor and President decide not to grant the extension, would that have to be made public record?
Correct and there is NO record of said action.
Boom worthy, no?
Posted on 10/8/10 at 9:41 pm to RummelTiger
quote:
I feel like this is boom worthy, no?
Wait for it.....wait......wait.....
This post was edited on 10/8/10 at 9:50 pm
Posted on 10/8/10 at 9:42 pm to RummelTiger
quote:If we boomed Southern Man every time he made a dumb Les Miles post, we would be out of 'booms'.
I feel like this is boom worthy, no?
Posted on 10/8/10 at 9:48 pm to OldManRiver
quote:
So the crux of the whole argument is this
quote:
A. Winning eight or more games in a season presumptively will be the basis for a one-year term extension
B. A decision by the Chancellor not to grant a one-year term extension for any reason must be concurred in by the President of the LSU system
If the Chancellor and President decide not to grant the extension, would that have to be made public record?
No the contract doesn't say that a contract amendment is needed "not to grant" an extension. A letter could be sent to Les' agent saying that a decision has been made not to extend the contract signed by the Chnacellor and the President. The contract would not have to be altered in any way for that to happen. If an extension was granted than an amendement would be required saying that the new term date is 2013 or 2014 and not the current 2012 as stated. No one has produced any evidence of the extension to 2013 or 2014.
This post was edited on 10/8/10 at 9:49 pm
Posted on 10/8/10 at 9:48 pm to RummelTiger
quote:
From Jim Kleinpeter on Monday, August 2, 2010:
So reporters are always right? I can provide other media quotes that show anything from his contract being a forgery to being guaranteed through infinity.
But the ACTUAL contract was linked and it shows that it is automatic through 2014 with a minimum of 8 years unless the Chancellor chooses to take specific action to not extend it.
I agree it's not hard but I'm not making it up, it's there if you chose to read it.
See the other thread, links and discussion.
It is what it is and he is here to stay, enjoy!
Posted on 10/8/10 at 9:48 pm to SouthernMan
There actually is a record of 'said action' - you just don't know where to look and I am not sure the FIA applies.
BTW, last year belowpar confirmed Miles was not granted the 'automatic' extension for 2008 and 2009.
BTW, last year belowpar confirmed Miles was not granted the 'automatic' extension for 2008 and 2009.
Posted on 10/8/10 at 9:49 pm to RummelTiger
quote:
I feel like this is boom worthy, no?
Boom son!!!
Posted on 10/8/10 at 9:50 pm to SouthernMan
quote:
SouthernMan
You don't know what you're talking about
Posted on 10/8/10 at 9:51 pm to SouthernMan
quote:
But the ACTUAL contract was linked and it shows that it is automatic through 2014 with a minimum of 8 years unless the Chancellor chooses to take specific action to not extend it.
Show me specifically where this is located. Quote the contract language that desribes what you are claiming.
The actual contract is linked in this thread as well and that is not what the contract says.
Posted on 10/8/10 at 9:52 pm to TheDoc
quote:
SouthernMan
You don't know what you're talking about
I know but I'm I right.
Posted on 10/8/10 at 9:52 pm to BTigerFan
quote:
BTW, last year belowpar confirmed Miles was not granted the 'automatic' extension for 2008 and 2009
Looks like he changed his mind
BP Speaks Today
Posted on 10/8/10 at 9:54 pm to SouthernMan
quote:
It is what it is and he is here to stay, enjoy!
like i said above, he MUST look for another job if he were to get terminated. when he finds a job LSU pay's the difference in what he is owed and what he's making at his new job. if ron zook can get hired @ $1.5 per year at a school like illinois, i'm sure les can do the same. that would put his buyout at $400,00 per year.
Posted on 10/8/10 at 9:54 pm to OldManRiver
quote:
Looks like he changed his mind
Belowpar is slipping.
No one has produced an amendment that extends the contract beyond December 31, 2012
Posted on 10/8/10 at 9:54 pm to TigerTailsSoup
quote:
Show me specifically where this is located. Quote the contract language that desribes what you are claiming.
The actual contract is linked in this thread as well and that is not what the contract says.
LINK
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