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re: No way O gets canned with LSU on the hook for $21 million.

Posted on 10/4/21 at 3:17 pm to
Posted by Chad504boy
4 posts
Member since Feb 2005
166551 posts
Posted on 10/4/21 at 3:17 pm to
We'll easily get this negotiated down to 19.5 mill
Posted by Tigah n T-town
Tuscaloosa AL
Member since Dec 2003
1187 posts
Posted on 10/4/21 at 3:20 pm to
They will lose more than that in revenue if they dont. They cant afford to keep him between the woke culture, poor gameday environment and poor on the field product
Posted by bstew3006
318
Member since Dec 2007
12582 posts
Posted on 10/4/21 at 3:21 pm to
quote:

No way O gets canned with LSU on the hook for $21 million.


It’s $17mm for Ed and $20mm with staff

Given the “moral” clause in his contract, plus T9 investigation, it’ll be a lot less.

He Gone!

This coming Sunday, IMO
Posted by Papa Tigah
TIGER ISLAND, LA
Member since Sep 2007
18481 posts
Posted on 10/4/21 at 3:24 pm to
He's a gone pecan!!!
Posted by Flablete
in the SEC
Member since Aug 2021
592 posts
Posted on 10/4/21 at 3:41 pm to
Uh...show cause bro! No money needed if there is cause and theres a ton!
Posted by Goldrush25
San Diego, CA
Member since Oct 2012
33794 posts
Posted on 10/4/21 at 3:49 pm to
They'll fire him for cause, then tell him either re-negotiate a lower buyout number or good luck outspending us in court when we drop all of the Title IX stuff on your arse.
This post was edited on 10/4/21 at 3:52 pm
Posted by TreyE663
Walker
Member since Nov 2007
829 posts
Posted on 10/4/21 at 3:53 pm to
quote:

Title IX and off the field dirt is gonna drag that price down some


A LOT
Posted by SportsGuyNOLA
New Orleans, LA
Member since May 2014
17189 posts
Posted on 10/4/21 at 3:55 pm to
quote:

Really? Show us the balance sheet since you have it


It’s in the binder
Posted by lsufb1912
Louisiana
Member since Aug 2021
5965 posts
Posted on 10/4/21 at 3:55 pm to
It seems very likely the full $21 million will not happen.
Since everyone's been suggesting names today & Hugh Freeze has come up, I'm sure LSU can do something similar to what Ole Miss did with him.

They gave him the option to resign or they could fire "with cause". Either way, I don't think the full $21 mill will apply.
Posted by Dizz
Member since May 2008
14783 posts
Posted on 10/4/21 at 4:08 pm to
quote:

They gave him the option to resign or they could fire "with cause". Either way, I don't think the full $21 mill will apply.



They had Freeze by the balls more then LSU has O. It will be the same strategy though. LSU will fire him with a reduced buy out or fire him for cause and fight it out in court which neither side wants.
Posted by LsuFan_1955
Slidell, La
Member since Jul 2013
1776 posts
Posted on 10/4/21 at 4:10 pm to
You're a special kind of stupid, aren't you?
Posted by tigernation56
im the woods
Member since Feb 2013
4789 posts
Posted on 10/4/21 at 4:10 pm to


Posted by Lester Earl
Member since Nov 2003
278798 posts
Posted on 10/4/21 at 4:13 pm to
quote:

They gave him the option to resign or they could fire "with cause".



They will ask, "why have you waited this long then".

If they had a fireable by cause situation, they would have done it by now.


Even so, his buyout is manageable if you understand how it is paid out. He would not get a lump sum, but rather a monthly payout over a long period of time. For instance, Les Miles' buyout was to be paid out over 6 years after his firing (eventually, mutually agreed to a payout with LSU to pursue Kansas job)
Posted by munchman
Baton Rouge
Member since Feb 2006
10323 posts
Posted on 10/4/21 at 4:14 pm to
quote:

No way O gets canned with LSU on the hook for $21 million.


They’ll negotiate and get him on cause.
There’s baggage around O.

Posted by rob62
Member since Sep 2016
5165 posts
Posted on 10/4/21 at 4:16 pm to
You really do not know the money behind LSU. Lol.
Posted by SpotCheckBilly
Member since May 2020
6574 posts
Posted on 10/4/21 at 4:17 pm to
People were saying the same thing about Gus. It can and it probably will happen. You guys got an incredible season and a National Championship out of it. You'll always have that. Maybe he can sit next to Chiz on the SECN.
This post was edited on 10/4/21 at 4:18 pm
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 10/4/21 at 4:19 pm to
Now complete the math...

What is the present value of the future of LSU football as is?

versus

What is the present value of the future of LSU football with a commitment to excellence by the institution, including new vision, staff, and no incestuous LA politics (one can dream).

Bet second case is far greater than $21M
Posted by ecb
Member since Jul 2010
9356 posts
Posted on 10/4/21 at 4:20 pm to
Fired for cause dude, we ain't paying shite. He stole from us last year and he is stealing from us now. But it's almost over.
Posted by timlan2057
In the Shadow of Tiger Stadium
Member since Sep 2005
17021 posts
Posted on 10/4/21 at 4:21 pm to
Woodward will offer him 8-10M to go quietly.

If O tries to spit the bit, SW will say, “Okay fine. We’ll fire you for cause and you get nothing. See you in court.”

O will gladly take that reduced sum and slink off into the sunset.
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
68479 posts
Posted on 10/4/21 at 4:23 pm to
$21M is chump change for a buyout, it will be taken care of no problem

It probably wont even end up being close to that with the allegations surrounding him and the program
This post was edited on 10/4/21 at 4:24 pm
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