Started By
Message

Why would Ed want to stay on if Woodward will buy out his contract?

Posted on 10/4/21 at 7:45 pm
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 10/4/21 at 7:45 pm
I remember O saying the contract was for his kids. He put the contract in a LLC. I suspect that LLC is at least partially owned by his kids. He can load up the LLC early with a firing and get off the recruiting trail. Why listen to upset fans and beg17 year olds to play ball for LSU???
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
66480 posts
Posted on 10/4/21 at 7:46 pm to
He would make 19.2 million more dollars
If he survives his contract and his Ego wouldn’t take a blow.

Posted by Tiger Ryno
#WoF
Member since Feb 2007
103053 posts
Posted on 10/4/21 at 7:47 pm to
Do you even know an LLC is?
Posted by tigerbait2010
PNW
Member since May 2006
29216 posts
Posted on 10/4/21 at 7:47 pm to
I mean his wife is going to take him to the cleaners and he stands to make millions more. I doubt he’s enjoying looking like a complete fricking idiot too
Posted by TigerFred
Feeding hamsters
Member since Aug 2003
27172 posts
Posted on 10/4/21 at 7:47 pm to
You are saying his contract is between LSU and a LLC?
Posted by p0845330
Member since Aug 2013
5700 posts
Posted on 10/4/21 at 7:49 pm to
Rosy Finch Boyz!
This post was edited on 10/4/21 at 7:50 pm
Posted by Tiger Ryno
#WoF
Member since Feb 2007
103053 posts
Posted on 10/4/21 at 7:53 pm to
These big LLCs just write off big expenses all the time.
Posted by TigerFred
Feeding hamsters
Member since Aug 2003
27172 posts
Posted on 10/4/21 at 7:56 pm to
It’s not that simple.

Posted by The Hurricane
Gulf of Mexico
Member since Aug 2011
7957 posts
Posted on 10/4/21 at 8:08 pm to
quote:

and beg17 year olds to play ball for LSU???

Because no matter what your opinion is on him, the man breaths football and that’s all he knows how to do is coach. If he does get the full buyout, wouldn’t be surprised to see him go coach high school players at some school near Destin.
Posted by Tiger1988
Houston
Member since May 2016
24329 posts
Posted on 10/4/21 at 8:12 pm to
He isn’t buying out his contract. He has caused damage to the image of the university. frick
This post was edited on 10/4/21 at 8:13 pm
Posted by Tiger1988
Houston
Member since May 2016
24329 posts
Posted on 10/4/21 at 8:14 pm to
quote:

I mean his wife is going to take him to the cleaners and he stands to make millions more. I doubt he’s enjoying looking like a complete fricking idiot too


Pretty sure that’s done. Even so, he isn’t getting more than 10 if I’m there and it is likely 5 to shut up.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 10/4/21 at 9:59 pm to
Yes it is.

It is pretty smart tax wise and by making heirs shareholders he possibly is reducing the size of his estate that would be subject to estate taxes.

Posted by SlowurRole
Arabi
Member since Dec 2011
799 posts
Posted on 10/4/21 at 10:12 pm to
LLC’s don’t have shareholders
Posted by LSUcajun77
New Orleans
Member since Nov 2008
21267 posts
Posted on 10/4/21 at 10:16 pm to
quote:

Because no matter what your opinion is on him, the man breaths football and that’s all he knows how to do is coach. If he does get the full buyout, wouldn’t be surprised to see him go coach high school players at some school near Destin.


Honestly he could get a DLine coaching job anywhere in the country. Plus he is an exceptional recruiter. There isn’t a chance he leaves LSU and ends up coaching high school.
Posted by shinerfan
Duckworld(Earth-616)
Member since Sep 2009
22274 posts
Posted on 10/4/21 at 10:18 pm to
quote:

. I doubt he’s enjoying looking like a complete fricking idiot too



He can dry his years with hundred dollar bills. Besides, in ten years 2019 is all anyone will remember.
Posted by AgsinGA
Marietta
Member since Dec 2018
72 posts
Posted on 10/4/21 at 10:19 pm to
Do you even know what a write off is?? Great Seinfeld reference.
Posted by Zap Rowsdower
MissLou, La
Member since Sep 2010
13248 posts
Posted on 10/4/21 at 10:21 pm to
Pretty sure LLCs have members not shareholders.
Posted by The Hurricane
Gulf of Mexico
Member since Aug 2011
7957 posts
Posted on 10/4/21 at 10:22 pm to
"O" THE ROSY FINCH BOYZ, L.L.C. Is not in good standing at the moment for failure to report.
Posted by PsychTiger
Member since Jul 2004
98957 posts
Posted on 10/4/21 at 10:23 pm to
Go easy on IB Chinaman, he doesn’t understand the real world.
Posted by The Hurricane
Gulf of Mexico
Member since Aug 2011
7957 posts
Posted on 10/4/21 at 10:24 pm to
quote:

Honestly he could get a DLine coaching job anywhere in the country. Plus he is an exceptional recruiter. There isn’t a chance he leaves LSU and ends up coaching high school.

I’m not saying he would go coach high school because no other opportunity would present itself. I could just see him stepping away from college for 1-2 years before the ideal situation presents itself.
first pageprev pagePage 1 of 3Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram