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Here's Ed Oregeron's contract and buy-out details
Posted on 10/1/17 at 3:47 am
Posted on 10/1/17 at 3:47 am
quote:
Orgeron will make $3.5 million per year as part of a five-year contract. His Year 1 buyout is $12 million.
Former coach Les Miles, fired Sept. 25, 2016, made $4.3 million per year, and the school owes him a buyout of more than $9 million — paid in monthly installments over six years. The program saved $800,000 with Orgeron's salary, funds the school used on coordinators Dave Aranda and Matt Canada. The duo is set to make a combined $3.3 million this year, believed to be more than any other coordinator duo in college football.
Orgeron's buyout drops every subsequent year of the contract. It slips to $8.5 million in 2018, $6 million in 2019, $4.5 million in 2020 and just $1 million for the final year.
LINK
It still blows my mind that this guy has even a single dollar of buyout.
Is this the worst Head Coaching hire of a major program in recent memory?
13
Posted on 10/1/17 at 3:50 am to Street Hawk
Alleva needs to be fired yesterday.
That is the kind of buyout I expect from Dabo or Saban...but fricking O?
Would ULM even hire Coach O right now?
That is the kind of buyout I expect from Dabo or Saban...but fricking O?
Would ULM even hire Coach O right now?
Posted on 10/1/17 at 3:50 am to Street Hawk
The Board of Supervisors, the President, and the AD are a bunch of god damn morons.
Its that simple.
Its that simple.
Posted on 10/1/17 at 3:55 am to Street Hawk
It's absurd how bad Joe fricked LSU for years to come.
Let's say we did the 2018 figure. I don't know how Miles' payout is but I'll just say it's evenly distributed.
10 million for 2 coaches to sit on their arse.
I'm assuming another 4 to 5 million for a head coach and the same for the coordinators and position coaches.
So we would be paying 20 million dollars to play football. Zero chance of that happening lol
Let's say we did the 2018 figure. I don't know how Miles' payout is but I'll just say it's evenly distributed.
10 million for 2 coaches to sit on their arse.
I'm assuming another 4 to 5 million for a head coach and the same for the coordinators and position coaches.
So we would be paying 20 million dollars to play football. Zero chance of that happening lol
Posted on 10/1/17 at 4:01 am to Jones
The question is though how much lost revenue will there be if fans stop showing up. At the very least alleva has to get canned after this year or you will see donors holding on to their money.
Posted on 10/1/17 at 4:28 am to Jones
Gospel from a self loathing auburn fan. Couldn't have said it better myself. frick us, we love pain
Posted on 10/1/17 at 5:15 am to Street Hawk
That's such a tough situation for LSU. The longer he's there, the more long-term damage he can do to the program and the harder it will be for the next guy to turn things around.
Posted on 10/1/17 at 5:22 am to Street Hawk
I thought Canada and Aranda would be the determining factors for success. O is definitely accountable though.
Personally, I think Ed’s cool. So when it happens, we can hang out in Destin and talk about the good ol’ days, and that buyout means the beer’s on him.
Personally, I think Ed’s cool. So when it happens, we can hang out in Destin and talk about the good ol’ days, and that buyout means the beer’s on him.
Posted on 10/1/17 at 7:20 am to Street Hawk
This is a person who triumphantly lured Johnny Jones out of N. Tex at a time...well...no one was looking to hire Jones away from N.Tex.
Thinking the lack of success of the Jones tenure was just a fluke, he took the same approach to hurry up and lock in Ogeron before...well...the other big schools could laugh at the suggestion of Ed Ogeron being their HC.
Thinking the lack of success of the Jones tenure was just a fluke, he took the same approach to hurry up and lock in Ogeron before...well...the other big schools could laugh at the suggestion of Ed Ogeron being their HC.
Posted on 10/1/17 at 7:25 am to Street Hawk
I'm smart enough to know firing him isn't financially feasible
But they HAVE to fire Alleva. It just has to happen.
But they HAVE to fire Alleva. It just has to happen.
Posted on 10/1/17 at 7:54 am to wildtigercat93
Terrible move by whoever approved orgerons contract. Even worse move was giving miles another year. That really fricked the whole situation up. Whoever is making these decisions at the top should be fired.
Posted on 10/1/17 at 7:58 am to Street Hawk
You need to fire alleva because he's not going to help the school long term, but you have to give O more time to acquire talent.
Hes not a good head coach, but some of yal make it as if this team has quality talent. Even the best football player on that team is completely out of shape which makes him useless. Young roster and a lot of issues.
Hes not a good head coach, but some of yal make it as if this team has quality talent. Even the best football player on that team is completely out of shape which makes him useless. Young roster and a lot of issues.
Posted on 10/1/17 at 8:00 am to Alt26
quote:
This is a person who triumphantly lured Johnny Jones out of N. Tex at a time...well...no one was looking to hire Jones away from N.Tex.
Our only hope is that the FBI cuts our nuts off with a basketball corruption so we can clean house
Posted on 10/1/17 at 8:02 am to htran90
quote:
You need to fire alleva because he's not going to help the school long term, but you have to give O more time to acquire talent.
Hes not a good head coach, but some of yal make it as if this team has quality talent. Even the best football player on that team is completely out of shape which makes him useless. Young roster and a lot of issues.
I agree but this is why you avoId hiring in house especially the recruiting coordinator. It's much harder to blame the last guy
Posted on 10/1/17 at 8:07 am to Street Hawk
quote:
Is this the worst Head Coaching hire of a major program in recent memory?
This is like when we hired Bill Stewart
Great recruiter but awful coach
Posted on 10/1/17 at 8:11 am to StraightCashHomey21
You still won some games with Stewart. We may never win a conference game with O.
Posted on 10/1/17 at 8:13 am to Dire Wolf
And that's on alleva.
It's like Demps hiring gentry instead of giving monty another year, many here don't think monty is some God send but we could at least say Demps was a larger problem constantly giving him shite players. Dumb decision and why the grass isn't greener on the other side especially when you hire a known loser and the hiring person is the problem more than the head coach.
It's like Demps hiring gentry instead of giving monty another year, many here don't think monty is some God send but we could at least say Demps was a larger problem constantly giving him shite players. Dumb decision and why the grass isn't greener on the other side especially when you hire a known loser and the hiring person is the problem more than the head coach.
Posted on 10/1/17 at 8:37 am to Street Hawk
Worst coaching hire? Probably not but it’s pretty bad
Charlie Weis says hello. Dude is still raking in the buyout cash
Charlie Weis says hello. Dude is still raking in the buyout cash
This post was edited on 10/1/17 at 8:38 am
Posted on 10/1/17 at 8:41 am to htran90
quote:
You need to fire alleva because he's not going to help the school long term, but you have to give O more time to acquire talent.
Hes not a good head coach, but some of yal make it as if this team has quality talent. Even the best football player on that team is completely out of shape which makes him useless. Young roster and a lot of issues.
Talent might be an issue when you're losing to Alabama, but not when you lose at home to Troy.
Posted on 10/1/17 at 9:14 am to Street Hawk
If Alleva was a lawyer and agreed to those contract terms, he'd be facing a malpractice claim.
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