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re: BK rejected 2 settlement offers, he wants the full $54M

Posted on 11/10/25 at 12:27 pm to
Posted by Daowna
Member since Dec 2010
1604 posts
Posted on 11/10/25 at 12:27 pm to
LSU coming up short to meet contractual requirements? Well I could have never seen this one coming.
Posted by aggressor
Austin, TX
Member since Sep 2011
9081 posts
Posted on 11/10/25 at 12:29 pm to
quote:

quote:
BTW, I was on tRant when Kelly was hired predicting this exact scenario playing out as LSU folks screamed at me.



The years and dollar amount were just insane for a guy who never showed any capacity for winning big games at this level of competition and has a very well earned reputation as a world class a-hole. At least Jimbo had a championship on his resume.


Pretty much what I was saying along with knowing that the moment things went South they would go down fast because he was a complete cultural mismatch at LSU and no one would stand by him in tough times. His contract felt a lot like an overreaction to not getting Jimbo from A&M and deciding they were going to buy another name coach and Kelly seemed like the biggest splash hire. In the end it was a lose lose for A&M and LSU but at least A&M is in the recovery phase.
Posted by dhuck20
SCLSU Fan
Member since Oct 2012
22608 posts
Posted on 11/10/25 at 12:29 pm to
quote:

he was not fired for cause.
We have cause. It is because we hate him.
Posted by SOBMarcus
Boerne TX
Member since Apr 2020
2570 posts
Posted on 11/10/25 at 12:31 pm to
Posted by Dawg4Life47
Beach
Member since Sep 2013
11259 posts
Posted on 11/10/25 at 12:31 pm to
Time value of money makes it cheaper for LSU to pay him the lump sum instead of installments over years
Posted by thelawnwranglers
Member since Sep 2007
41600 posts
Posted on 11/10/25 at 12:34 pm to
Lol tell him Woodward didn't have authority to fire report back to work
Posted by theballguy
Bama Park
Member since Oct 2011
27476 posts
Posted on 11/10/25 at 12:35 pm to
My dude if you only knew my net worth
Posted by TeeteringBrink
Member since Feb 2007
1198 posts
Posted on 11/10/25 at 12:54 pm to
You’ve got it exactly backwards. That’s why a lottery jackpot is reduced if paid in lump sum rather than installments.
Posted by SEC Doctor
Member since Aug 2024
9570 posts
Posted on 11/10/25 at 12:57 pm to
quote:

No, but we were told over a week ago the negotiation was over. BK was only getting 20 Mil and it was paid for by a single donor.


So you believed an anonymous poster's statement about what was going on in private negotiations? Wow.
Posted by NoMercy
Member since Feb 2007
4626 posts
Posted on 11/10/25 at 1:00 pm to
quote:

what leverage does LSU think they have to pay less than what he’s owed in his contract


If that LSU only has to pay him $800k per month is true, then simple economics is a leverage they have.

At that rate it would take BK over 6.5 years to get his full $54M. But how simple would it be to agree to taking say 10% less or than the full amount for a lump sum now. Money paid now is worth more than money paid in the future. He’d make a lot more of a lesser lump sum now properly invested than waiting it out over 6.5 years to get every last penny. Let’s not act like making 10%+ a year is some unlikely scenario.
Posted by AggieArchitect2004
Member since Oct 2023
2920 posts
Posted on 11/10/25 at 1:00 pm to
The thing I'm most excited to see next is the fundraising efforts by LSU to fund a contract obligation that they appear unable to meet.

Car washes...
Candy bars...
Golf tourneys...
Bake sales...
Coupon books...
This post was edited on 11/10/25 at 1:01 pm
Posted by AUCE05
Member since Dec 2009
44558 posts
Posted on 11/10/25 at 1:04 pm to
Why would he settle?
Posted by SECCaptain
Member since Jun 2025
1133 posts
Posted on 11/10/25 at 1:05 pm to
So if this ends in a civil suit, is there a court in the state of Louisiana that won’t rule in favor of LSU over Brian Kelly? LSU has no case, but there’s almost no scenario where he gets a fair trial
This post was edited on 11/10/25 at 1:15 pm
Posted by lsufball19
Franklin, TN
Member since Sep 2008
70856 posts
Posted on 11/10/25 at 1:06 pm to
quote:

Why would he even consider taking a settlement offer?

If someone gave me, say 35 million in a lump sum now, I could grow that to larger than 52 million in the next 6 years without even getting very aggressive with my investments. There are plenty of mutually beneficial reasons to negotiate a large lump sum buyout rather than getting paid over the next 6 years like his contract stipulates.

And for the people asking why LSU even asked him to do it. Well, a local news station did an FOIA request and got e-mails Kelly sent to Woodward upon his exit, and Kelly says "As we discussed in our meeting, I’m open to your desire to reach a settlement of what’s owed to me under the contract, although of course it would have to make sense financially.” So Kelly himself said he was open to negotiations of his buyout. Obviously he now has attorneys representing him who clearly are advising him differently, but LSU trying to negotiate down his buyout didn't come out of nowhere nor was it some unilateral ambush attempt either. The "morality clause" stuff seems to be mostly rumor at this point. I've seen nothing tangible to date to suggest there's any truth to those reports.
Posted by MemphisGuy
Germantown, TN
Member since Nov 2023
13282 posts
Posted on 11/10/25 at 1:07 pm to
quote:

The thing I'm most excited to see next is the fundraising efforts by LSU to fund a contract obligation that they appear unable to meet.


LSU players will be seen in parking lots everywhere walking up to unsuspecting shoppers...

Posted by narddogg81
Vancouver
Member since Jan 2012
21802 posts
Posted on 11/10/25 at 1:07 pm to
What a good look when trying to hire a new coach, having to get sued by the one you just fired to pay the contract but sides agreed to.
Posted by angryslugs
Member since Apr 2008
11275 posts
Posted on 11/10/25 at 1:08 pm to
quote:

LSU will claim, with good evidence that the HC position is worth at least the amount previously paid to Franklin. LSU would easily win that arbitration. Penn and Kelly know that is the outcome


I figured as much
Posted by deltaland
Member since Mar 2011
99751 posts
Posted on 11/10/25 at 1:10 pm to
Of course Kelly wants the full amount. It’s a contract. LSU agreed to it, they should pay it. It’s a bad look trying to weasel out of it and will hurt their coaching search

Don’t want to pay large buyouts? Don’t offer ridiculous 10 year contracts with large buyout guarantees
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
65577 posts
Posted on 11/10/25 at 1:15 pm to
quote:

If someone gave me, say 35 million in a lump sum now, I could grow that to larger than 52 million in the next 6 years without even getting very aggressive with my investments. There are plenty of mutually beneficial reasons to negotiate a large lump sum buyout rather than getting paid over the next 6 years like his contract stipulates.

And for the people asking why LSU even asked him to do it. Well, a local news station did an FOIA request and got e-mails Kelly sent to Woodward upon his exit, and Kelly says "As we discussed in our meeting, I’m open to your desire to reach a settlement of what’s owed to me under the contract, although of course it would have to make sense financially.” So Kelly himself said he was open to negotiations of his buyout.


Yeah, I don't know if he'll settle or not but not sure why people keep insisting he won't or saying he has all the leverage.

Financially, there's a middle ground that is the best option for both parties. Probably around $35-$40 mil.
This post was edited on 11/10/25 at 1:16 pm
Posted by AGGIES
Member since Jul 2021
10357 posts
Posted on 11/10/25 at 1:24 pm to
You gotta think Kiffin, or any other potential candidate, doesn’t like the looks of a school trying to avoid paying a contract buyout.
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