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Seriously, why does anyone really care about Orgeron’s buyout??

Posted on 10/13/21 at 6:24 pm
Posted by Lebowski
Dallas
Member since Oct 2013
3544 posts
Posted on 10/13/21 at 6:24 pm
Woodward and LSU will handle it. Orgeron will be fired. He’ll get some cash - over time. And LSU will hire a real HC!

End of story.
Posted by wheelz007
Denham Springs, LA
Member since Jan 2010
3351 posts
Posted on 10/13/21 at 6:26 pm to
4 years and 2 months at $6 mill per. That’s $500k per month.

That’s 50 months or $25 mill.

Per his contract, we’d owe him 70% of that or $17.5 if he’s fired without cause.

$17.5 mill without cause. That’s his contracted buyout.

Getting out of the rest of the staff is about another $3 mill.

All could be negotiated.
Posted by jmon
Mandeville, LA
Member since Oct 2010
8406 posts
Posted on 10/13/21 at 6:27 pm to
quote:

why does anyone really care about Orgeron’s buyout??

Posted by keakar
Member since Jan 2017
29883 posts
Posted on 10/13/21 at 6:30 pm to
quote:

Seriously, why does anyone really care about Orgeron’s buyout??
Woodward and LSU will handle it. Orgeron will be fired. He’ll get some cash - over time. And LSU will hire a real HC!

End of story.


this is the rant, you cant come here spouting common sense reasoning and rationalizations, the rantards dont want to have any part of that
Posted by LSU615
Member since Sep 2014
2284 posts
Posted on 10/13/21 at 6:31 pm to
Jordy basically said that Woodward is going for a stud coach and will probably have to pay their buyout as well. I would imagine they will do everything they can in-house to negotiate Ed's buyout as low as possible for that reason. That may be why everything is moving so slow.
Posted by atltiger6487
Member since May 2011
18131 posts
Posted on 10/13/21 at 6:39 pm to
i’m not paying his buyout, but the reason i’m bothered is because he’s an idiot and he’ll get $20 million, unless Woodward can work it down.

And that makes me sick.
Posted by Tunasntigers92
The Boot
Member since Sep 2014
23658 posts
Posted on 10/13/21 at 6:41 pm to
He's not getting $20 million, I bet they come to an agreement around half of that
Posted by Lebowski
Dallas
Member since Oct 2013
3544 posts
Posted on 10/13/21 at 6:43 pm to
I don’t think he gets the full buyout.
But if LSU has to pay him; I’d rather we pay him not to coach!!!!

Posted by luciouslou
Lafayette
Member since Jun 2017
6696 posts
Posted on 10/13/21 at 6:45 pm to
Ticket sales are down. Donations are at an all time low. Boosters feel alienated. Louisiana's economy is in the crapper. Someone has to pay that buyout. I don't know who
Posted by Lebowski
Dallas
Member since Oct 2013
3544 posts
Posted on 10/13/21 at 6:59 pm to
Not your problem!
Posted by Hamma1122
Member since Sep 2016
19808 posts
Posted on 10/13/21 at 7:07 pm to
It’s 20 million for coach O and entire staff
Posted by adamb2151
Houston, Texas
Member since Jun 2013
6586 posts
Posted on 10/13/21 at 7:12 pm to
People have a weird infatuation with how LSU spends their revenue. Do you people think you’re gonna get returns if LSU operates under a certain amount? Lol it’s asinine but just another reason for people to complain is my opinion.
Posted by Purple N Gold Blood
Gods country
Member since Sep 2009
2996 posts
Posted on 10/13/21 at 7:13 pm to
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