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LSU coach Ed Orgeron to receive big raise in new contract extension, records show
Posted on 3/18/19 at 1:12 pm
Posted on 3/18/19 at 1:12 pm
Posted on 3/18/19 at 1:13 pm to TabledTiger
Unwarranted and unjustified
Par for the course with this administration.
Par for the course with this administration.
Posted on 3/18/19 at 1:13 pm to TabledTiger
It's not that big of a raise to be honest.
Posted on 3/18/19 at 1:14 pm to TabledTiger
Bumping the buyout to $10 mil?
THAT’s the insane part. Ridiculous.
THAT’s the insane part. Ridiculous.
Posted on 3/18/19 at 1:14 pm to TabledTiger
2 years and 14%. Stop the presses.
Posted on 3/18/19 at 1:14 pm to TabledTiger
Those are actually pretty good terms for everyone. If his buyout will only be $4MM in two years, that's good news IMO. It's actually not that big of a raise to be honest if we look at the market rate these days. So we're making him an average paid SEC coach with an easy out in 2 years if he falls on his face. I'm actually impressed (and surprised) our AD negotiated a deal like that.
This post was edited on 3/18/19 at 2:11 pm
Posted on 3/18/19 at 1:14 pm to TabledTiger
Raise is deserved, extension is questionable
He isn't going anywhere, so why overextend
He isn't going anywhere, so why overextend
Posted on 3/18/19 at 1:15 pm to TabledTiger
Orgeron hasnt even won a conference title, and gets a big ole raise from Knee Jerk Joe....Wade wins the conference and gets shunned
Posted on 3/18/19 at 1:15 pm to TabledTiger
Is he getting a raise for doing such a good job sending all our dline his specialty to the other universities?
At the rate this university is losing lineman and can't recruit the holes they'll be fielding RBs on the line off the edges.
At the rate this university is losing lineman and can't recruit the holes they'll be fielding RBs on the line off the edges.
This post was edited on 3/18/19 at 1:17 pm
Posted on 3/18/19 at 1:15 pm to VermilionTiger
quote:
The proposed contract includes nearly $3 million in incentives, and it would bump his buyout to $10 million in the first year. The buyout would decrease by $250,000 each month until it decreased to a flat $4 million on Feb. 28, 2021.
my god this administrations negotiates some terrible deals.
Posted on 3/18/19 at 1:15 pm to TabledTiger
In this climate, you have to pay to keep elite coaches. I’m loving this contract. Let’s get him locked up.
Posted on 3/18/19 at 1:15 pm to lsusteve1
8-10 wins a season is what he is worth and his pay reflects that.
This post was edited on 3/18/19 at 1:17 pm
Posted on 3/18/19 at 1:15 pm to VermilionTiger
He has exceeded expectations more than what you’re willing to give him credit for. But please, by all means, continue your bullshite narrative.
Posted on 3/18/19 at 1:16 pm to TabledTiger
Better hurry up and lock him down before so many other schools come try to poach him from us
Posted on 3/18/19 at 1:16 pm to 00 Tech Grad
quote:
Bumping the buyout to $10 mil?
It's basically a % of his total contract, not uncommon at all. You extend years/total money, buyout gets bigger as well, then goes down over time:
quote:
The proposed contract includes nearly $3 million in incentives, and it would bump his buyout to $10 million in the first year. The buyout would decrease by $250,000 each month until it decreased to a flat $4 million on Feb. 28, 2021.
So at the end of this upcoming season, Jan 1 2020 it's already down to $7.5M. Jan 1 2021 it's down to $4.5M
This post was edited on 3/18/19 at 1:19 pm
Posted on 3/18/19 at 1:16 pm to TabledTiger
It's not that big
And be prepared for an onslaught of people who do not know how buyouts work
And be prepared for an onslaught of people who do not know how buyouts work
Posted on 3/18/19 at 1:16 pm to BarnHater
quote:
Let’s get him locked up.
Yeah, because so many teams have come calling.
Posted on 3/18/19 at 1:17 pm to gsvar2004
quote:
and it would bump his buyout to $10 million in the first year
Jesus tapdanincing Christ.
Posted on 3/18/19 at 1:17 pm to gsvar2004
quote:
my god this administrations negotiates some terrible deals.
you realize a $4MM buyout in two years (the soonest he'd get fired regardless) is about the same as his buyout was as of 02/28 of this year right? How exactly is that a terrible deal?
Posted on 3/18/19 at 1:18 pm to Lester Earl
quote:
And be prepared for an onslaught of people who do not know how buyouts work
3 people on the first page. Nice job guys
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