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re: So LSU is going to pay approx. $25 million for Jimbo?

Posted on 11/23/15 at 6:23 pm to
Posted by bgator85
Sarasota
Member since Aug 2007
6026 posts
Posted on 11/23/15 at 6:23 pm to
quote:

Firing Mushcamp cost how much?
Mc's Salary?
Buyout for Mc?


Muschamp buyout: $6.3 million over 4
McElwain buyout: *$7 million*
Mac compensation: $3.5 million for 6 years

*That is total value of buyout. UF pays CSU $3 million over 6 years, we are paying them another $2 million to come and play a game in The Swamp and Mac himself is paying $2 million.
This post was edited on 11/23/15 at 6:26 pm
Posted by higgs_boson
State College, PA
Member since Sep 2014
22456 posts
Posted on 11/23/15 at 6:25 pm to
quote:

Muschamp buyout: $6.3 million over 4
McElwain buyout: $7 million
Mac compensation: $3.5 million for 6 years


So around 17 million?

Not saying it was the wrong call, but I bet at the time lots of people thought Florida was crazy for doing that.
Posted by montanagator
Member since Jun 2015
16957 posts
Posted on 11/23/15 at 6:26 pm to
quote:


Muschamp buyout: $6.3 million over 4
McElwain buyout: *$7 million*
Mac compensation: $3.5 million for 6 years

*The buyout is a little different though. UF pays CSU $3 million over 6 years, we are paying them another $2 million to come and play a game in The Swamp and Mac himself is paying $2 million.



Yeah but Florida is massively in the black and LSU has-- at least as a whole, I realize the Athletic Department might be different-- been hard pressed to break even recently.
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