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Serious question, Why does everyone harp on a buyout?
Posted on 10/5/21 at 9:27 pm
Posted on 10/5/21 at 9:27 pm
Let me ask this question and try and clear this up.
When fans ask if a school can pay a buyout of said coach is it ignorance on behalf of the questioner about who actually pays these coaches salaries and buyouts?
I mean, everyone does know that not one cent of the buyout is paid by the university, right?
Additionally, very little of their salaries while coaching is paid by the university?
These coaches get paid by the respective athletic foundations of said school…TAF in LSU’s case or REC in Bama’s case etc. A buyout works the same way… paid by athletic boosters who are very well heeled.
The money for coaches salaries and buyouts does not come out of any university general funds.
So honesty WGAF if some boosters want to pay whatever to buyout Orgeron or pay $21 m to buyout Malhzhan at Auburn? It doesn’t have any detrimental effect on the funding of said university.
When fans ask if a school can pay a buyout of said coach is it ignorance on behalf of the questioner about who actually pays these coaches salaries and buyouts?
I mean, everyone does know that not one cent of the buyout is paid by the university, right?
Additionally, very little of their salaries while coaching is paid by the university?
These coaches get paid by the respective athletic foundations of said school…TAF in LSU’s case or REC in Bama’s case etc. A buyout works the same way… paid by athletic boosters who are very well heeled.
The money for coaches salaries and buyouts does not come out of any university general funds.
So honesty WGAF if some boosters want to pay whatever to buyout Orgeron or pay $21 m to buyout Malhzhan at Auburn? It doesn’t have any detrimental effect on the funding of said university.
Posted on 10/5/21 at 9:29 pm to 9Geauxt
It feels like a gigantic failure.
Posted on 10/5/21 at 9:30 pm to 9Geauxt
Most of the people who bring up the buyout stuff are the people who want to buy O another year.
Posted on 10/5/21 at 9:31 pm to 9Geauxt
Not to mention, it won’t be any where near the full buyout.
Posted on 10/5/21 at 9:33 pm to abellsujr
quote:
Most of the people who bring up the buyout stuff are the people who want to buy O another year.
Then they are ignorant and are using the buyout amount as a false flag.
I assure you that before Woodward makes a move to fire Orgeron he already has discussed and gotten the financial commitment to pay what will be the negotiated financial separation of LSU and Orgeron.
This post was edited on 10/5/21 at 9:34 pm
Posted on 10/5/21 at 9:40 pm to 9Geauxt
I am of the opinion that no college agrees to a contract without having the ability to pay the buyout immediately if needed. It makes no sense. The buyout is based on the contract amount usually. We’re not going to agree to pay the dude 8.9 (second highest paid hc in the country) million a year without being able to buy out of it if necessary it’s insane. The buyout is taken into consideration when negotiating based off of what we can afford.
Posted on 10/5/21 at 9:41 pm to 9Geauxt
quote:
Then they are ignorant and are using the buyout amount as a false flag.
You weren’t around after the UCLA loss and GeauxTigers1 harping this non-sense for two weeks
I’ll need to go back and bump those threads
This post was edited on 10/5/21 at 9:42 pm
Posted on 10/5/21 at 9:43 pm to bstew3006
100% That guy was sent in by the O camp to attempt to install narrative. I’ve never seen anything like that before. He was good. Very smart actually.
Posted on 10/5/21 at 9:45 pm to 9Geauxt
Because I don’t want to hear Andrea Gallo and Richard Mann pearl clutch about how the Athletic Department spends Athletic Department money
Posted on 10/5/21 at 9:45 pm to 9Geauxt
And they usually talk another how expensive it is like they are the ones paying for it.
They love to talk about how dumb Woodward is, I think that is a big reason for this specific argument
They love to talk about how dumb Woodward is, I think that is a big reason for this specific argument
Posted on 10/5/21 at 9:45 pm to 9Geauxt
quote:
The money for coaches salaries and buyouts does not come out of any university general funds.
So honesty WGAF if some boosters want to pay whatever to buyout Orgeron or pay $21 m
You're right. It doesn't come from the University. But it does come from (for lack of a long explanation) TAF + Boosters.
The PROBLEM is that 100% of the Athletic Dept coaching staff (not just football, every single sports coach) took a pay cut after 2020 left TAF/LSU Athletics with an $80M empty bag. With 0 promise of being made whole anytime soon. If anyone pays Coach O any kind of buyout, you will have an absolute mutiny level shitshow to death with from every single coach on staff.
Posted on 10/5/21 at 9:46 pm to 9Geauxt
If he's implicated in a scandal where he's culpable or violated university policy, I think they can fire him and not pay it all or at least tie it up in court for a long time.
I'm not a lawyer so this is only my opinion and if I could obviously be wrong.
Wouldn't surprise me if he's caught up in the Derrius Guice situation.
I'm not a lawyer so this is only my opinion and if I could obviously be wrong.
Wouldn't surprise me if he's caught up in the Derrius Guice situation.
Posted on 10/5/21 at 9:48 pm to 9Geauxt
Because it’s still a huge sum of cash
Posted on 10/5/21 at 9:48 pm to bstew3006
I know some of us wondered aloud if the school would cough up buyouts for assistants and hire new ones last off-season, but that was mostly because of the negative impact of COVID on the program finances and many boosters. However, in the midst of a very difficult year that came out of nowhere, they still did it.
I think that says a lot. With a season at full capacity (we’ll, theoretically at least), Woodward won’t even hesitate to pull the trigger this year if it needs to happen.
I think that says a lot. With a season at full capacity (we’ll, theoretically at least), Woodward won’t even hesitate to pull the trigger this year if it needs to happen.
Posted on 10/5/21 at 9:48 pm to abellsujr
quote:
100% That guy was sent in by the O camp to attempt to install narrative. I’ve never seen anything like that before. He was good. Very smart actually.
Absolutely!
One of Dereks accounts
Posted on 10/5/21 at 9:49 pm to 9Geauxt
Our boosters .. do they really want to pay for any more buyouts? How much are they already in for for how many coaches???
Posted on 10/5/21 at 10:02 pm to 9Geauxt
(no message)
This post was edited on 10/5/21 at 11:33 pm
Posted on 10/5/21 at 10:04 pm to tiger91
quote:Nobody wants to pay anything. The question is if they feel it’s necessary and can they. The answer is yes if needed.
do they really want to pay for any more buyouts?
Posted on 10/5/21 at 10:04 pm to 9Geauxt
Paying someone like Orgeron that sum of money is a massive disappointment. USC, Ole Miss, now LSU.
shite is disappointing all the way around.
shite is disappointing all the way around.
Posted on 10/5/21 at 10:06 pm to Breauxsif
Better than paying him 9 million a year to stay. You think he’ll take a pay cut?
If we fired him, we pay him a smaller percentage than we would if he stayed.
If we fired him, we pay him a smaller percentage than we would if he stayed.
This post was edited on 10/5/21 at 10:19 pm
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