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Hog Fans - Houston Nutt's Buyout from Arkansas

Posted on 11/11/16 at 8:09 am
Posted by gumbeaux
Member since Jun 2004
4461 posts
Posted on 11/11/16 at 8:09 am
I remember when Nutt was fired from Arkansas, there was talk of his golden parachute.

What was the golden parachute? Does that mean his buyout was not reduced by a salary from another head coaching job? That he received his full buyout regardless if was being paid by another school?
Posted by YumYum Sauce
Arkansas
Member since Nov 2010
8298 posts
Posted on 11/11/16 at 8:45 am to
He took another JOB. He was told to take another job. He was never terminated. Basically, "oh hey we love you on the Board of Trustees but the state hates you and you need to find another job quickly, but here's your golden parachute just bc we are all dickriders".

They STILL paid him like 6 million dollars.



I seriously don't know how someone didn't go to jail/lose their job (Chancellor White did shortly after but its debatable why).

Jimmy Freaking Sexton.
This post was edited on 11/11/16 at 8:47 am
Posted by Hawgeye
tFlagship Brothel
Member since Jun 2009
30918 posts
Posted on 11/11/16 at 8:47 am to
Golden Hand Cuffs

We fired him and he already had a job lined up but Frank Broyles still gave the retard $3million to leave.
Posted by gumbeaux
Member since Jun 2004
4461 posts
Posted on 11/11/16 at 8:47 am to
So Nutt was paid his full buyout from Arkansas and also his salary from Ole Miss?
Posted by The Sultan of Swine
Member since Nov 2010
7732 posts
Posted on 11/11/16 at 9:03 am to
Basically he was buddies with powers that be (at the time) but there was so much pressure for him to be fired that they couldn't keep him around. They told him he had to go but Nutt was able to make an arrangement where he wasn't officially fired but still got his buyout
Posted by bayou85
Concordia
Member since Sep 2016
8607 posts
Posted on 11/11/16 at 9:21 am to
So he got 6 mil from Ark and didnt he get bought out by Ole Miss?

Dude made bank by sucking. American Dream
Posted by RT1941
Member since May 2007
30193 posts
Posted on 11/11/16 at 9:27 am to
quote:

So Nutt was paid his full buyout from Arkansas and also his salary from Ole Miss?


i.e. Golden Parachute

Former employer plays you millions to leave and you land on a new job paying you millions too.
Posted by YumYum Sauce
Arkansas
Member since Nov 2010
8298 posts
Posted on 11/11/16 at 9:49 am to
quote:

So Nutt was paid his full buyout from Arkansas and also his salary from Ole Miss?


It was sickening. He was in so tight with the important good ole boys at the time.

On a positive note, it ended up leading to Broyles getting put out to pasture, which was 10 years overdue.
Posted by Arkiebarkie
Fayetteville,Ar
Member since Jan 2013
756 posts
Posted on 11/11/16 at 9:58 am to
He got $3 million from Arkansas to go away and like $2M from Ole Miss. Than OM fired him and gave him another bag of Jack. Ole Hooten did come out smelling
like a rose.
Posted by Arksulli
Fayetteville
Member since Aug 2014
25174 posts
Posted on 11/11/16 at 9:58 am to
quote:

So he got 6 mil from Ark and didnt he get bought out by Ole Miss?

Dude made bank by sucking. American Dream




The worst part about it is that we knew we were getting hosed on the deal but there wasn't much the fans could do but grit their teeth. Listening to University leaders getting tearful about having to let him go and making sure they "did right by him" when he was getting paid millions to go coach for a rival school probably caused a few strokes across the state.
Posted by dbeck
Member since Nov 2014
29449 posts
Posted on 11/11/16 at 10:51 am to
It lead to Ole Miss going in the shitter so it was worth it imo

Plus I'm pretty sure Nutt's last 2 seasons are why they started cheating (which will lead to sanctions) so it's the gift that keeps on giving.
Posted by Grizzly_Bears
Baton Rouge
Member since Oct 2016
140 posts
Posted on 11/11/16 at 10:54 am to
He made so much because Hawgs are worse with money and business deals than we are with clock management
Posted by momentoftruth87
Member since Oct 2013
71198 posts
Posted on 11/11/16 at 11:10 am to
quote:

LSU Fan


quote:

are worse with money and business deals than we are


I believe a school with money is better off than a broke school. Also thanks for admitting our program is worth more
Posted by Grizzly_Bears
Baton Rouge
Member since Oct 2016
140 posts
Posted on 11/11/16 at 11:13 am to
Hey hold up a minute, that was all Bobby Jindal's fault
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