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Per Dellenger: No buyout in Wade's contract ETA: Contract must be paid in full

Posted on 8/7/17 at 4:16 pm
Posted by Broski
Member since Jun 2011
70901 posts
Posted on 8/7/17 at 4:16 pm
quote:

Ross Dellenger
@RossDellenger
News: #LSU's contract with Will Wade is 6 years & is worth $15 million ($2.5 a year).

No buyout for either side.


That seems odd.
This post was edited on 8/7/17 at 10:56 pm
Posted by VermilionTiger
Member since Dec 2012
37584 posts
Posted on 8/7/17 at 4:16 pm to
He gone
Posted by Sev09
Nantucket
Member since Feb 2011
15559 posts
Posted on 8/7/17 at 4:17 pm to
He'll get a new contract in two years.
Posted by LSUminati
Member since Jan 2017
3366 posts
Posted on 8/7/17 at 4:17 pm to
Buyouts usually protect coaches more than anything. If anything, this is LSU friendly.
This post was edited on 8/7/17 at 4:18 pm
Posted by firejohnbrady
Chocolate City
Member since Dec 2007
861 posts
Posted on 8/7/17 at 4:18 pm to
It's not odd when you realize idiot Joe Alleva is our AD. His career is the definition of failing upward.
Posted by Broski
Member since Jun 2011
70901 posts
Posted on 8/7/17 at 4:18 pm to
quote:

Buyouts usually protect coaches more than anything. If anything, this is LSU friendly.



Sure, but if he comes here and kicks arse for 2 years, it also makes it very easy for a program with more resources to throw a hefty contract at him without having to worry about chipping in for the buyout.
Posted by HarrisLetsRide
Member since Jan 2015
1481 posts
Posted on 8/7/17 at 4:19 pm to
They may need to renogotiate mid season. WW might possibly be the greatest hire in LSU sports history.
LSU will be in Final Fours for the foreseeable future imo!!
Posted by emanresu
Member since Dec 2009
9367 posts
Posted on 8/7/17 at 4:20 pm to
quote:

It's not odd when you realize idiot Joe Alleva is our AD. His career is the definition of failing upward.

Spoken like someone who doesn't have a single fricking clue what when on in that negotiation.
Posted by lsupride87
Member since Dec 2007
95199 posts
Posted on 8/7/17 at 4:20 pm to
quote:

He'll get a new contract in two years.
Yeh at a blue blood
This post was edited on 8/7/17 at 4:21 pm
Posted by Howyouluhdat
On Fleek St
Member since Jan 2015
7346 posts
Posted on 8/7/17 at 4:21 pm to
quote:

They may need to renogotiate mid season. WW might possibly be the greatest hire in LSU sports history.





Pump it just a tad big guy
Posted by CapperVin
Member since Apr 2013
10545 posts
Posted on 8/7/17 at 4:21 pm to
quote:

Buyouts usually protect coaches more than anything. If anything, this is LSU friendly.




Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
66532 posts
Posted on 8/7/17 at 4:22 pm to
That's sorta a huge thing to say considering we hired Skip Bertman and Nick Saban in LSU history.
Posted by firejohnbrady
Chocolate City
Member since Dec 2007
861 posts
Posted on 8/7/17 at 4:23 pm to
He was scheduled to make $1.5M at VCU...we guaranteed him $15M.
Posted by The Hurricane
Gulf of Mexico
Member since Aug 2011
7961 posts
Posted on 8/7/17 at 4:26 pm to
Wade would owe remainder of his contract if he left and LSU would pay remainder if fired.
LINK
Posted by Broski
Member since Jun 2011
70901 posts
Posted on 8/7/17 at 4:29 pm to
quote:

Wade would owe remainder of his contract if he left and LSU would pay remainder if fired.



fricking Dellenger got me with the twitter headline.
Posted by adamb2151
Houston, Texas
Member since Jun 2013
6586 posts
Posted on 8/7/17 at 4:31 pm to
quote:

WW might possibly be the greatest hire in LSU sports history


Before he coaches a game? Really?
Posted by JustSmokin
Member since Sep 2007
9151 posts
Posted on 8/7/17 at 4:33 pm to
I'm okay with no buyouts. No point in forcing coaches to stay if they want to be elsewhere. Schools with resources can afford the buyout.

I really wish our football coach didn't have a buyout, too.
Posted by DBU
Member since Mar 2014
19059 posts
Posted on 8/7/17 at 4:34 pm to
quote:

WW might possibly be the greatest hire in LSU sports history.


for fricks sake
Posted by bubbz
Baton Rouge
Member since Mar 2006
22817 posts
Posted on 8/7/17 at 4:38 pm to
quote:

Wade would owe remainder of his contract if he left and LSU would pay remainder if fired.


Yea this is kind of important. It is essentially a buyout for 2.5 million for each year he would have remaining on his contract.
Posted by bengalfan50
Louisiana
Member since Mar 2009
2467 posts
Posted on 8/7/17 at 4:39 pm to
Well best happen before first tip or he's gone, gone, gone......
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