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Very Interesting Article on LSU Athletics

Posted on 3/2/26 at 10:47 am
Posted by captdalton
Member since Feb 2021
22008 posts
Posted on 3/2/26 at 10:47 am
They are broke. If their gamble on Lane Kiffin fails things look bleak.

quote:

November 2025. Brian Kelly is out. Lane Kiffin is in. The headlines scream chaos, but the real explosion happens quietly, in budget projections. LSU is staring at a deficit projected between $25 million and $35 million for Fiscal Year 2026 — the worst in modern program history.

“It felt like someone pulled the plug on our bathtub,” a department insider says, shaking his head in a dimly lit hallway lined with championship trophies. “One minute we’re counting surplus; the next, we’re staring at red ink deeper than anyone expected.”


LSU’s Billion-Dollar Brand vs. a $30 Million Hole

Remember all the talk about some wealthy superhero paying Kelly’s buyout?

quote:

2. The Kelly Buyout

The $54 million obligation is real and ongoing. After a brief legal skirmish, LSU agreed to pay the full amount in monthly installments through 2031. No single anonymous donor is covering it, despite early rumors. The money comes from self-generated athletics revenue. That’s roughly $800,000–$900,000 leaving the budget every month unless Kelly mitigates by taking another job.

“People thought some oil tycoon was writing a check,” a Baton Rouge booster laughs bitterly over po’boys at a downtown dive. “My phone blew up with texts—‘Who’s the hero?’ Reality hit hard when the monthly bills started coming.” Ausberry is unequivocal: “No, that’s not true at all. Not true at all. That’s our buyout. You have the head coach’s buyout That’s about a $800K-$900K.” He adds, “If we didn’t have that buyout with coach Kelly, we’d be in great shape. But right now, with the buyout, yeah that’s going to strain us a little bit.”
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
138109 posts
Posted on 3/2/26 at 10:48 am to
Go lane, go broke
Posted by idlewatcher
Planet Arium
Member since Jan 2012
95052 posts
Posted on 3/2/26 at 10:51 am to
No, we won't accept you as an LSU fan even though you follow LSU sports closer than your own redneck program.
Posted by NFLSU
Screwston, Texas
Member since Oct 2014
20079 posts
Posted on 3/2/26 at 10:52 am to
Hi there, Reek.

Posted by tigerbait2010
PNW
Member since May 2006
33138 posts
Posted on 3/2/26 at 10:52 am to
Glenn slop, your favorite.


Sorry our NIL is way more than yours. fricking poors
Posted by geauxbrown
Louisiana
Member since Oct 2006
26770 posts
Posted on 3/2/26 at 10:53 am to
“Yea, that’s gonna strain us a LITTLE BIT.”

OH NOOOOO!!!!!!!!

LMAO!!!!!
Posted by RidiculousHype
The Hatch
Member since Sep 2007
10848 posts
Posted on 3/2/26 at 10:54 am to
quote:

People thought some oil tycoon was writing a check

quote:

No, that’s not true at all. Not true at all.

It's a chicken finger tycoon
Posted by captdalton
Member since Feb 2021
22008 posts
Posted on 3/2/26 at 10:55 am to
They have actually considered essentially selling LSU athletics to a private equity firm.

quote:

Ausberry remains cautious on extreme measures like private equity: “Well, you do a private equity firm, that’s a different ballgame. They come in with a certain percentage long term, how does that look? … You deal with private equity, they’re going to want some long-term inventory. Once you get certain benchmarks, how long does that go? Short term or long term? And a lot of times with private equity, they come in and start controlling things. You lose some control when you deal with private equity.” He sums up the urgency: “We can’t afford to keep paying coaches, paying players the way we are. It’s not sustainable. The money has to come from somewhere… Like, soon. Very soon. We have to figure out as administrators, what is this going to look like?”
Posted by AggieArchitect2004
Member since Oct 2023
3511 posts
Posted on 3/2/26 at 10:59 am to
Posted by captdalton
Member since Feb 2021
22008 posts
Posted on 3/2/26 at 11:04 am to
quote:

It's a chicken finger tycoon


Your AD says it was not a chicken finger man.

quote:

When LSU severed ties with Brian Kelly in November 2025, rumors thundered through Baton Rouge and the state: Could a billionaire booster swoop in and erase that staggering $54 million obligation with one sweeping check?

Fans pictured a chicken-fingered founder or a diehard alumni with NBA championship-ringed fingers swooping in like caped crusaders.

But Athletic Director Verge Ausberry crushed that fantasy instantly. “No, that’s not true at all. Not true at all. That’s our buyout,” Ausberry said.
Posted by Lucado
Member since Nov 2023
3814 posts
Posted on 3/2/26 at 11:10 am to
quote:

quote:People thought some oil tycoon was writing a check quote:No, that’s not true at all. Not true at all. It's a chicken finger tycoon


Also false. People need to learn the name Holden Spaht.
Posted by NFLSU
Screwston, Texas
Member since Oct 2014
20079 posts
Posted on 3/2/26 at 11:12 am to
LIVE look at Alabama’s program post-Saban quitting:

Posted by captdalton
Member since Feb 2021
22008 posts
Posted on 3/2/26 at 11:14 am to
It is an eye-opening article. LSU fans should read it.

The LSU AD contradicts what LSU fans are saying here.
Posted by captdalton
Member since Feb 2021
22008 posts
Posted on 3/2/26 at 11:17 am to
quote:

LIVE look at Alabama’s program post-Saban quitting:




Posted by NFLSU
Screwston, Texas
Member since Oct 2014
20079 posts
Posted on 3/2/26 at 11:20 am to
But the only thing anyone remembers…



Posted by captdalton
Member since Feb 2021
22008 posts
Posted on 3/2/26 at 11:22 am to
LSU fans are more excited than Indiana fans.
Posted by captdalton
Member since Feb 2021
22008 posts
Posted on 3/2/26 at 11:23 am to
What are your thoughts on LSU athletics being broke?
Posted by NFLSU
Screwston, Texas
Member since Oct 2014
20079 posts
Posted on 3/2/26 at 11:23 am to
Sorry, forgot this one.

#1 vs unranked

Posted by Topwater Trout
Red Stick
Member since Oct 2010
69721 posts
Posted on 3/2/26 at 11:25 am to
you are obsessed with LSU
Posted by skrayper
21-0 Asterisk Drive
Member since Nov 2012
34930 posts
Posted on 3/2/26 at 11:25 am to
quote:

They are broke. If their gamble on Lane Kiffin fails things look bleak.


I think they knew this.

Let's be honest - Kelly would have kept a good enough product on the field to keep them in the black, but was never going to get them to the levels to really make bank.

Kiffin will make that back, even if he's only as successful as Kelly, but in a couple of years if he hasn't shown a marked improvement (plus a better record against Alabama), then any attempt to oust him is going to fail financially.

You have to ask LSU fans if they feel he's worth the risk. If I were in their shoes... I'd say probably yes, he is. Kelly was clearly never going to get them over the hump.

As for Kelly's buyout... let's just say I think a lot of these contracts are insane. This is CEO-level absurdity, being assured huge amounts of money even if you're a massive failure.
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