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Bo Pelini’s contract at LSU

Posted on 11/2/20 at 8:03 am
Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
13501 posts
Posted on 11/2/20 at 8:03 am
quote:

Pelini's buyout equals the total amount of base salary and compensation left in his contract. If he's fired without cause in his first year, LSU would owe him about $6.9 million; if he's fired without cause in his second year, about $4.6 million; and his buyout would be about $2.3 million in his final year.


LINK


Posted by dstone12
Texan
Member since Jan 2007
30054 posts
Posted on 11/2/20 at 8:04 am to
Posted by MillerLiteTime
Atlanta
Member since Aug 2018
2490 posts
Posted on 11/2/20 at 8:15 am to
That's embarrassing. Those are the types of head coach buyouts that we used to laugh at schools for 5 years ago.
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
68289 posts
Posted on 11/2/20 at 8:24 am to
quote:

If he's fired without cause in his first year, LSU would owe him about $6.9 million; if he's fired without cause in his second year, about $4.6 million; and his buyout would be about $2.3 million in his final year.


These numbers are a bit off. The only way he would be owed $6.9 million as a buyout is if he was fired the first day he was hired.

The entire contract is worth $6.9 million, it started in January this year.

If he was fired after this season, he would be owed about $4.6-$5.0-ish million depending on the date probably.

If he was fired after next year his buyout would be between $2.3-$2.7 million depending on that date.
This post was edited on 11/2/20 at 8:25 am
Posted by Jacknola
New Orleans
Member since May 2013
4366 posts
Posted on 11/2/20 at 8:29 am to
quote:

Pelini's buyout

The last time the LLLSU slobbering and ravening fan mobs were carrying torches and pitchforks through the streets, hunting and hating a defensive coordinator, was when some guy named Steele was the coach.

What ever became of that complete LLLoser? He probably is holding up a sign at some busy intersection.... I’ll bet the LLLSU mob is glad they don’t have him as DC.

...The idiocy of LLLSU fans over what a DC coach actually does has no limit. So they complain that Pelini yells at the players? Really? Maybe he should...

This post was edited on 11/2/20 at 8:31 am
Posted by jb4
Member since Apr 2013
12640 posts
Posted on 11/2/20 at 8:29 am to
Bo knows buyouts
Posted by Jebeco
Clear Lake City, TX
Member since Jul 2014
3292 posts
Posted on 11/2/20 at 8:43 am to
I am in talks with my A&M contacts on securing a loan for a much needed buy out.
Interest rate is going to be a killer.
Posted by Irons Puppet
Birmingham
Member since Jun 2009
25901 posts
Posted on 11/2/20 at 8:46 am to
LSUs problems are not limited to Pelini.
Posted by Gulf Coast
Member since Oct 2020
103 posts
Posted on 11/2/20 at 8:48 am to
Hadnt Pelini basically been out of work for awhile prior to LSU hiring him?
Posted by CapstoneGrad06
Little Rock
Member since Nov 2008
72141 posts
Posted on 11/2/20 at 8:49 am to
He was the head coach at Youngstown State.
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
68289 posts
Posted on 11/2/20 at 8:49 am to
quote:

Hadnt Pelini basically been out of work for awhile prior to LSU hiring him?



He was the head coach of Youngstown State for years prior to LSU hiring him.
Posted by JetDawg
Los Angeles, California
Member since Oct 2020
7147 posts
Posted on 11/2/20 at 8:50 am to
Bo Pellini's getting revenge on LSU for firing him. He's getting the final word.

He who laughs last, laughs loudest (he's having a ball!).
Posted by That LSU Guy
The beach
Member since Jul 2008
11398 posts
Posted on 11/2/20 at 8:58 am to
Umm, Pelini left to be HC at Nebraska.
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
52309 posts
Posted on 11/2/20 at 9:00 am to
quote:

The idiocy of LLLSU fans over what a DC coach actually does has no limit.


Any kind of coach at all.
Posted by lsu777
Lake Charles
Member since Jan 2004
30961 posts
Posted on 11/2/20 at 9:13 am to
For how good of an AD Woodward is, he has sucked at contracts every where he has been.
Posted by idlewatcher
County Jail
Member since Jan 2012
78908 posts
Posted on 11/2/20 at 9:18 am to
The literal damage he's done to our fanbase far exceeds 6.9M. We're already in a huge hole due to Covid. This ridiculousness of a defense only hurts.

I do find it funny, however, that the teams dumping on our Tigers will never even sniff a NC, let alone win one.

Posted by Arksulli
Fayetteville
Member since Aug 2014
25173 posts
Posted on 11/2/20 at 9:42 am to
I hate to pile on but Ole Miss, the OP was an Ole Miss fan, claims 3 national titles. LSU claims 4. Your titles may be more recent but its not like the Rebs have never sniffed a title.

To LSU's credit there are some very iffy Nattys they were awarded back in the day they don't claim. Unlike some programs we could mention.

As for Pelini... I know LSU lost a ton of talent but the defense just looks grabasstic out there. Its the dreaded 11 chickens with their head cut off defense. Trust me. I know this defense all to well.
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