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re: The LSU butthurt on the CC board
Posted on 12/11/13 at 9:15 am to tduecen
Posted on 12/11/13 at 9:15 am to tduecen
quote:
the 1% is going to be base on projections for future earnings
They will only pay based on actual earnings, projections are nothing more than wet dream...kind of like what the LSU fans on TD are having currently.
quote:
Next year LHN is expected to earn more and if they lure Saban then you could expect it to probably double or triple.
Even if it triples, $250,000 I think would still be a great deal less than the $1 to $6 mil you suggested above. $250K is little more than a tip next to the rest of the offer. Certainly not enough to make Saban want to make the move.
As for a 10 year $100 mil deal, that is fantastic money and from a business standpoint it is a deal he should look at seriously...but do you really think he plans to coach into his 70's?
How is that for "please continue"?
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Posted on 12/11/13 at 9:40 am to T Rey WI
The fact it is a 10 million a year deal + no income taxes in taxes this is a lot more than the reports of Alabama offering 7mil a year. Alabama is probably offering various other incentives because there is no way it could compete with the financial means of Texas at the moment.
The 1-6 was a bit of an exaggeration I will admit but if LHN continues the way it could then he could reasonably be adding another 250-500k which isn't exactly chump change.
The 1-6 was a bit of an exaggeration I will admit but if LHN continues the way it could then he could reasonably be adding another 250-500k which isn't exactly chump change.
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