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re: BK rejected 2 settlement offers, he wants the full $54M
Posted on 11/10/25 at 1:25 pm to SEC Doctor
Posted on 11/10/25 at 1:25 pm to SEC Doctor
quote:
So you believed an anonymous poster's statement about what was going on in private negotiations? Wow.
An anonymous poster? This is what basically your whole fanbase was saying.
Did I believe them? No. That's why I'm saying now they are working on a new bullshite story to cover up the last one.
You can try to spin this all you want. Your school and your fanbase look like fools at the moment.
1
Posted on 11/10/25 at 1:29 pm to Don Quixote
Why would anyone settle when someone clearly owes you the money.
Posted on 11/10/25 at 1:33 pm to theballguy
quote:
Ain't no booster even if he's a billionaire paying that shite
Supposedly it was one person that paid the whole thing.
Posted on 11/10/25 at 1:33 pm to NATidefan
quote:
An anonymous poster? This is what basically your whole fanbase was saying.
Did I believe them? No. That's why I'm saying now they are working on a new bullshite story to cover up the last one.
You clearly care too much about what anonymous posters put on a message board. No one outside the negotiations has any insight.
Posted on 11/10/25 at 1:38 pm to captainFid
The only way back quickly is to cheat like hell. No holds barred on the money train.
Posted on 11/10/25 at 1:48 pm to theballguy
Come on man, don’t hold back, tell us about it! I like hearing hearing net worth stories. Inspiring.
Posted on 11/10/25 at 1:48 pm to TigerLunatik
I mean it’s not impossible but a very terrible investment or even bailout for sure. If you say it, I won’t doubt you.
Posted on 11/10/25 at 1:58 pm to SidewalkTiger
quote:
And he should get it, unless he decides he wants a lump sum payment.
This could make sense for him if the length of the payout was a long time like Powerball, but from what I’ve read it’s equal payments with the last due in 2031. There’s no financial advantage to taking a 20-30 million cut for only 6 years.
ETA- just saw your second post and agree. If LSU puts up a lump sum offer in the 40 range, that’s a conversation worth having for Kelly.
This post was edited on 11/10/25 at 2:05 pm
Posted on 11/10/25 at 2:08 pm to Don Quixote
Good for BK. Get what you were promised.
Posted on 11/10/25 at 2:10 pm to TigerLunatik
quote:
Supposedly it was one person that paid the whole thing.
Probably the guy who siphoned new funds from children’s hospital
Posted on 11/10/25 at 2:12 pm to Don Quixote
Im guessing LSU thought there was still
some Katrina money in the couch cushions.
some Katrina money in the couch cushions.
Posted on 11/10/25 at 2:14 pm to AGGIES
quote:Hasn’t been said but also bad look from a player/recruit standpoint.
You gotta think Kiffin, or any other potential candidate, doesn’t like the looks of a school trying to avoid paying a contract buyout.
If I’m in high school or transfer portal it’s hard to feel good about NIL offers with this in the news.
That might be just as, if not more, impactful as trying to hire a new coach. Whoever comes on is going to need some big gets in the portal.
Posted on 11/10/25 at 2:15 pm to JustGetItRight
quote:
If LSU puts up a lump sum offer in the 40 range, that’s a conversation worth having for Kelly.
If you use a reasonable 5%, the 54 million evenly disbursed over 6 years would indeed be about 46.5 today.
There may be some tax advantages in the smaller pmts overtime. But, yes, I agree. Not much of a chance he is willingly ceding 20-30 million.
I hope he gets it all. Maybe these school's will learn to stop the HC monetary arms races. And then, I hope he takes a $30 k a year analyst job to meet the terms of the contract if the installments remain.
Just a bad look.
This post was edited on 11/10/25 at 2:18 pm
Posted on 11/10/25 at 2:20 pm to theballguy
quote:
If you say it, I won’t doubt you.
That's just what I read in a thread on Tiger Rant. I happened to catch one of those threads that kept getting whacked with the guy's name. He's worth nearly $5B. Why he would pay it I have no idea. In my experience on this board, those are kinds of threads that have the real info in them. Of course that doesn't make it true.
Posted on 11/10/25 at 2:24 pm to AggieArchitect2004
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. Car washes... Candy bars... Golf tourneys... Bake sales... Coupon books...
My granddaughter’s middle school band uses ALL of these, plus an oyster roast happening next month
Posted on 11/10/25 at 2:28 pm to TigerLunatik
quote:
Supposedly it was one person that paid the whole thing.
Apparently, it was BS or the check bounced, as BK's legal team is still waiting
Posted on 11/10/25 at 2:29 pm to AGGIES
quote:
doesn’t like the looks of a school trying to avoid paying a contract buyout
Jesus Christ that is not what is happening. Kelly is still collecting a check from LSU.Posted on 11/10/25 at 2:33 pm to Don Quixote
I don't have a dog in the fight but if the university is not going to honor the contract they wrote and signed, why even have a contract?
Honor the contract!!
Honor the contract!!
Posted on 11/10/25 at 2:34 pm to Che Boludo
quote:
Apparently, it was BS or the check bounced, as BK's legal team is still waiting
Yeah I gues I should have said it was one person that originally agreed to pay it. Who the frick knows what is really happening. I just want a coach that will have the team prepared to win football games. If we don't win because the other team was better, I can live with that. What pisses me off is when we don't have our shite together and get beat. We pay these frickers too much money for that bullshite.
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