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re: BK rejected 2 settlement offers, he wants the full $54M
Posted on 11/10/25 at 11:19 am to MemphisGuy
Posted on 11/10/25 at 11:19 am to MemphisGuy
Booster being their students and taxpayers because that $54 million is coming straight out of the general fund
1
Posted on 11/10/25 at 11:20 am to Don Quixote
As he should. LSU/Woodward agreed to this contract. They should pay him his full contract buyout. Woodward will forever be known as a stain on Louisiana State University.
Posted on 11/10/25 at 11:20 am to Don Quixote
LSU should pull a Texas Tech.
Give the carpet bagger squat,
and claim sovereign immunity.
Give the carpet bagger squat,
and claim sovereign immunity.
Posted on 11/10/25 at 11:23 am to CarolinaGamecock99
quote:
He clearly wasn’t fired for morality reasons. LSU just doesn’t wanna honor their contract
Posted on 11/10/25 at 11:24 am to CarolinaGamecock99
quote:
Why would he even consider taking a settlement offer? Is lsu really dumb enough to think he would
It could make sense if he is being offered other HC gigs. Right now, his contract contains a mitigation clause, so his buyout is reduced by his salary at a new job. So if LSU owes him $54M over let's say the next 6 years, he gets paid $9M/year from LSU. But, if Penn State hires him on a 6 year contract at $8M/year, he still only gets a total of $9M/year ($1M from LSU and $8M from Penn State). If he agrees to a reduced buyout, he will get it as a lump sum payment and it will not be offset by future salary. So let's say he agrees to walk away for $30M. He'll get $30M from LSU and still get his $8M/yr from Penn State, for a total of $78M over the next 6 years.
Posted on 11/10/25 at 11:25 am to Don Quixote
This is a stupid move by LSU. What coach is going to sign a "guaranteed contract" that LSU renegs if boosters get impatient?
At that point, the contracts mean nothing.
At that point, the contracts mean nothing.
Posted on 11/10/25 at 11:26 am to UpToPar
Dude is 64 years old. He would be an idiot to not demand the $54M that LSU owes him.
Posted on 11/10/25 at 11:27 am to CarolinaGamecock99
quote:There's been more than a few delusional LSU fans on this site who've insisted Brian Kelly was going to be the bigger man and walk away from tens of millions of dollars for the sake of his and LSU's dignity.
Why would he even consider taking a settlement offer? Is lsu really dumb enough to think he would
Sounds like LSU was writing checks they couldn't cash and now they're fricked.
Top to bottom, the way this has been handled is a terrible look for coaching candidates eyeing LSU.
Posted on 11/10/25 at 11:27 am to Pickle_Weasel
Rumor has it HRV has offered 54 million for a 49% share of tigerdroppings.com... he would stand only behind chicken in the mod pecking order
This post was edited on 11/10/25 at 11:29 am
Posted on 11/10/25 at 11:29 am to Don Quixote
The lack of LSU posters in this thread just means they are all scrambling to come up with their new story.
Posted on 11/10/25 at 11:31 am to Don Quixote
quote:
he wants the full $54M
And he should get it, unless he decides he wants a lump sum payment.
Posted on 11/10/25 at 11:32 am to Che Boludo
Kelly's contract required him to be given 7 days written notice if he was being fired for cause.
He was not given any notice so LSU is on the hook for $54 million.
The handling of the firing is on Woodward. Don't blame the Louisiana Governor for insisting on cleaning house.
He was not given any notice so LSU is on the hook for $54 million.
The handling of the firing is on Woodward. Don't blame the Louisiana Governor for insisting on cleaning house.
Posted on 11/10/25 at 11:33 am to tBrand
Want all the money over time? Want lesser money, but paid this second
Posted on 11/10/25 at 11:34 am to theballguy
quote:
If it was me, I might give a million but that's it tops. And I'd tell them to get their shite together before doling out such stupid contracts in the future.
You won't be getting any coaches in the future
Posted on 11/10/25 at 11:37 am to tBrand
quote:
what leverage does LSU think they have to pay less than what he’s owed in his contract
At this point in time, LSU’s primary case would seem to be “he sucked and we really don’t like him personally so we shouldn’t have to pay him what we agreed to.”
Posted on 11/10/25 at 11:37 am to Tex117
quote:
Want all the money over time? Want lesser money, but paid this second
I'm about BK's same age, so if I were negotiating this for myself:
(a) it would depend on how much lesser was to be paid in one lump sum; anything north of $45m I'd take the money and run
(b) if I agreed to the $9m/yr payout, I'd want a clause that stipulated my heirs would continue to receive it if I died before it was fulfilled
But from what we've seen of BK's "character" he may drag it out for the full amount with the intent to damage LSU's reputation and ability to attract a top shelf coach.
This post was edited on 11/10/25 at 11:40 am
Posted on 11/10/25 at 11:38 am to Don Quixote
That’s what I’m sure they are negotiating
Posted on 11/10/25 at 11:39 am to mattloc
HRV is a genius
BTW, what is the Mod pecking order around here?
I
BTW, what is the Mod pecking order around here?
I
Posted on 11/10/25 at 11:39 am to Don Quixote
LSU is pure grit and gumbo - we will fire you and figure it out later.
Impressive.
Impressive.
Posted on 11/10/25 at 11:39 am to NATidefan
quote:
The lack of LSU posters in this thread just means they are all scrambling to come up with their new story.
What new story? Are you shocked that there is a negotiation going on?
My guess is he ultimately takes less to get lump sum or quicker payouts. Nothing surprising about any of this.
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