re: LSU and Brian Kelly are at odds over his contract buyout

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right now he get $54 mil

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He gets $54 mil, but WHEN?

The when matters tremendously. If you could pay that to me 6 years from now, it’s worth about $30mil in one lump sum today.

If you owed ME that much money over the next 5-6 years, I’d DEFINITELY take some amount less than that in one payment tomorrow morning.

There’s time value to money people.

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This was reported being done a week and a half ago. I thought he got 20 million. Due to him cheating on his wife and other things off the field! WAFB reported it????

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lol.

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how?
right now he get $54 mil

only way he gets less is if he negotiates for less.

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He gets 54M in monthly payments over the next 5.5 years (approx. 8.7M/yr). Let's say he gets a G6 coaching gig for $2M/yr. His buyout payments reduce because the buyout is mitigated by the new salary. He still makes the same amount per year. At the end of 5.5 yrs, he made $54M.

If he takes a $30M lump sum and then goes and gets that $2M/yr gig. He can go invest that $30M and over 5.5yrs if he gets average returns, the $30M would be close to $50M and his additional $2M/yr wouldn't mitigate meaning that at the end of the 5.5 yrs, he could make roughly $61M.

As I said, take the lump sum. The longer it takes him to get his money, the less value each payment actually has due to inflation shrink and lost opportunity cost.

$25M was too low, but $30M gets you in a decent spot and $35M probably nets you the full $54M over the same time frame and you don't have the mitigation.

If Woodward really forced Davis to remain on staff for last 4 yrs that alone is a fireable offense

Do it.

Just refuse to pay him anything unless he settles. Tell him you will meet him and his wife in court and we will let the world hear why divorce proceedings were happening in 2023. Let's hear his wife's explanations of what she discovered. It would be a shame if the entire football world were watching.

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Just refuse to pay him anything unless he settles. Tell him you will meet him and his wife in court and we will let the world hear why divorce proceedings were happening in 2023. Let's hear his wife's explanations of what she discovered. It would be a shame if the entire football world were watching.

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Are you retarded? LSU has no leg to stand on. They’ve missed their opportunity to terminate him for cause, and rumors of martial infidelity don’t meet the standard anyway.

Fat Scott does

How about we just pay him zero. Take it all the way to the Supreme Court if necessary.

We’re already a complete dumpster fire, why not try to blow up this ridiculous model these agents have extorted from universities (who are federally funded by the way). Make an example out of him. He loafed… in any other job, that’s “cause” for termination.

And yes, I know football is self funded. But they are still under the umbrella of the university which wouldn’t exist without tax dollars and therefore the football program wouldn’t exist. If it would, then they would have minor league football. But they need the institution as a whole.

Thats not a good look for the coach you are trying to hire.