- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Tim Brando and Miles' Buyout
Posted on 10/8/10 at 6:24 pm to SouthernMan
Posted on 10/8/10 at 6:24 pm to SouthernMan
Les isn't going anywhere unless he asks for a medical retirement for his brain damage. Other than that, we'd better get used to his wacky ways and his strange way of communicating.
0
Posted on 10/8/10 at 6:27 pm to WacoTiger
seems like someone would've filed a public records request by now.
Posted on 10/8/10 at 6:28 pm to That LSU Guy
Has any 5-0 coach been in this kind of hot seat before?
It's really strange when you look at the numbers
57-15, MNC 3 seasons ago..2 trips to ATL 1 SEC
4 BCS blow out victories in 5 seasons
Top 5 recruiting class on board
Are we stoned?
It's really strange when you look at the numbers
57-15, MNC 3 seasons ago..2 trips to ATL 1 SEC
4 BCS blow out victories in 5 seasons
Top 5 recruiting class on board
Are we stoned?
Posted on 10/8/10 at 6:33 pm to ApexTiger
We are not as stoned as the guys coaching the offense and calling the plays.
Posted on 10/8/10 at 6:33 pm to wadebrfd
quote:
Then I blame Obama for us having to keep Les.
OMFG!Posted on 10/8/10 at 8:32 pm to DeltaDoc
The silver bullet is McCarthy and his recruiting violation under Miles' watch. Les' buyout will be negotiated down due to the conduct clause.
Posted on 10/8/10 at 8:39 pm to Camp Randall
quote:
They are seperate but there is no way they are gonna deal with the HORRIBLE PR that goes with buying out Miles at this time.
meh
You are overblowing it.
Posted on 10/8/10 at 8:40 pm to Elleshoe
quote:
I want one piece of information confirming this because I'm almost positive it isn't so.
What are you basing your opinion on?
Posted on 10/8/10 at 8:55 pm to moneyg
So consensus of thread...contract ends 12/31/14...buyout after this year is $15 million...if terminated this year, buyout can be paid over 8 years...
In short, we could lose every game the rest of this year and the next and financially we could still be stuck with Miles.
In short, we could lose every game the rest of this year and the next and financially we could still be stuck with Miles.
Posted on 10/8/10 at 9:36 pm to DeltaDoc
Just a possibility I was thinking of...
I think the lawyerly people are probably right about the contract requiring rollover.
I think there has to be some basis for the assumption that he hasn't been rolled over.
So let's look at how that could happen:
2008 - LSU wins only SEVEN regular season games. The contract is vague to this point. LSU could certainly interpret it this way. Miles would probably not agree and would be upset that he wasn't rolled over...as per the rumors.
2009 - Miles wins 8 regular season games triggering the presumption of a rollover. However there is a recruiting violation by a coach on staff that requires his termination and a self report to the NCAA. There is certainly the possibility that LSU used this as a reason to deny the rollover for cause.
This is just an opinion of course...but it is at least a possible explanation that covers all the legal bases I think and would explain the confusion.
I think the lawyerly people are probably right about the contract requiring rollover.
I think there has to be some basis for the assumption that he hasn't been rolled over.
So let's look at how that could happen:
2008 - LSU wins only SEVEN regular season games. The contract is vague to this point. LSU could certainly interpret it this way. Miles would probably not agree and would be upset that he wasn't rolled over...as per the rumors.
2009 - Miles wins 8 regular season games triggering the presumption of a rollover. However there is a recruiting violation by a coach on staff that requires his termination and a self report to the NCAA. There is certainly the possibility that LSU used this as a reason to deny the rollover for cause.
This is just an opinion of course...but it is at least a possible explanation that covers all the legal bases I think and would explain the confusion.
Posted on 10/8/10 at 9:36 pm to DeltaDoc
Just a possibility I was thinking of...
I think the lawyerly people are probably right about the contract requiring rollover.
I think there has to be some basis for the assumption that he hasn't been rolled over.
So let's look at how that could happen:
2008 - LSU wins only SEVEN regular season games. The contract is vague to this point. LSU could certainly interpret it this way. Miles would probably not agree and would be upset that he wasn't rolled over...as per the rumors.
2009 - Miles wins 8 regular season games triggering the presumption of a rollover. However there is a recruiting violation by a coach on staff that requires his termination and a self report to the NCAA. There is certainly the possibility that LSU used this as a reason to deny the rollover for cause.
This is just an opinion of course...but it is at least a possible explanation that covers all the legal bases I think and would explain the confusion.
I think the lawyerly people are probably right about the contract requiring rollover.
I think there has to be some basis for the assumption that he hasn't been rolled over.
So let's look at how that could happen:
2008 - LSU wins only SEVEN regular season games. The contract is vague to this point. LSU could certainly interpret it this way. Miles would probably not agree and would be upset that he wasn't rolled over...as per the rumors.
2009 - Miles wins 8 regular season games triggering the presumption of a rollover. However there is a recruiting violation by a coach on staff that requires his termination and a self report to the NCAA. There is certainly the possibility that LSU used this as a reason to deny the rollover for cause.
This is just an opinion of course...but it is at least a possible explanation that covers all the legal bases I think and would explain the confusion.
Posted on 10/8/10 at 9:36 pm to Genghis Khan
quote:Someone please activate the poison pill now.
The silver bullet is McCarthy and his recruiting violation under Miles' watch. Les' buyout will be negotiated down due to the conduct clause.
Posted on 10/8/10 at 9:57 pm to DeltaDoc
Tim Brando's obesity is underrated. He's really fat.
Posted on 10/8/10 at 11:26 pm to Antonio Moss
quote:
Does anyone know where there is a copy of the contract?
40 pages worth of reading!
This post was edited on 10/8/10 at 11:29 pm
Posted on 10/8/10 at 11:40 pm to DeltaDoc
quote:
Whomever re-upped his contract should be fired and sued for bad faith and breach of fiduciary duty
dude is long gone...keep up
Posted on 10/9/10 at 12:30 am to wadebrfd
quote:
Then I blame Obama for us having to keep Les.
Posted on 10/9/10 at 6:45 am to LSUMafia
quote:
In the end, we have a dumbass AD and chancellor to thank for even allowing such a stupid contract to be drafted, signed, and approved for a man that was never even offered another job.
Bertman and O'Keefe panicked like the morons they are and basically screwed over LSU in the process.
Lombardi and the LSU attorney drew up that contract, and Lombardi got the BOS to sign off on it. Was Bertman's hire, but wasn't him that generated that extension.
Also, everyone who is trying to calculate the buyout. Throw all the calculators out. Bank it, the buyout is $15M to be paid over 8 years...period.
Posted on 11/2/10 at 2:58 pm to nrsaint
delete
This post was edited on 11/2/10 at 3:00 pm
Posted on 11/2/10 at 3:08 pm to DeltaDoc
I'm not reading all the pages of this thread but for the people saying his buyout is his annual salary x 4 years
shouldn't the buyout be that amount at present value?
shouldn't the buyout be that amount at present value?
Page 7 of 7
Popular
Back to top
Follow TigerDroppings for LSU Football News