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re: Does LSU not have the money to fire BK?
Posted on 11/11/25 at 9:01 pm to NashBamaFan
Posted on 11/11/25 at 9:01 pm to NashBamaFan
The 7 day notice is something I saw too, but make no mistake, there is language regarding the notice. No attorney accepts deals that are one sided. There are always wiggle room to “not pay”. And we don’t really know when he was “fired” except what ESPN said. It’s hard to know when the AD walked in and said, you’re done.
I do agree with you though, LSU regardless of the outcome is cooked, and this will not bode well for them.
I do agree with you though, LSU regardless of the outcome is cooked, and this will not bode well for them.
2
Posted on 11/11/25 at 9:02 pm to RTRnFlorida
Just give him $35 million and be done with it.
Posted on 11/11/25 at 9:03 pm to Dr RC
SidewalkTiger said this is normal with all coaching changes.
Posted on 11/11/25 at 9:05 pm to captdalton
quote:
SidewalkTiger said this is normal with all coaching changes.
Negotiations are normal, this isn't negotiations anymore.
They need to just offer him a decent lump sum of $32-35 million. If they can't afford that, just pay the man his money over the 6 years.
Posted on 11/11/25 at 9:12 pm to SidewalkTiger
quote:
They need to just offer him a decent lump sum of $32-35 million. If they can't afford that, just pay the man his money over the 6 years.
The current value today of $54 million paid equally over the next 6 years at an annual 8% interest rate is $42 million. At 5% interest it is $46 million. Why would he accept $32-35 million?
Posted on 11/11/25 at 9:14 pm to captdalton
quote:
Why would he accept $32-35 million?
$35 million invested now with a return of 10% gives him $62mil in 6 years vs the $54mil he'd have otherwise.
Posted on 11/11/25 at 9:24 pm to captdalton
quote:
The current value today of $54 million paid equally over the next 6 years at an annual 8% interest rate is $42 million. At 5% interest it is $46 million. Why would he accept $32-35 million?
No one is taking a PV assuming 8% discount rate while the Fed is cutting rates towards ~3.5%. His 54mm is guaranteed, so the discount rate needs to be a lot closer to the risk free rate than a high investment return rate. The 46mm is a much more reasonable estimate depending on how much he cares about the offsetting clause going away.
Edit: think the clown on Locked on LSU said BK offered 43mm settlement, but not sure whether that is true or not.
This post was edited on 11/11/25 at 9:27 pm
Posted on 11/11/25 at 9:26 pm to boogiewoogie1978
Chicken strip man is giving it to them
Posted on 11/11/25 at 9:46 pm to SidewalkTiger
He has a contract with a guarantee of $54 million.
It looks like a 10 year treasury note closed at 4.081% today. That is as close to zero risk investment as there is.
$35 million invested today at 4.081% interest will be worth $44 million in 6 years.
Do you have a zero risk investment with a guaranteed 10% annual return?
Why do you think Brian Kelly will take $35 million?
It looks like a 10 year treasury note closed at 4.081% today. That is as close to zero risk investment as there is.
$35 million invested today at 4.081% interest will be worth $44 million in 6 years.
Do you have a zero risk investment with a guaranteed 10% annual return?
Why do you think Brian Kelly will take $35 million?
Posted on 11/11/25 at 10:04 pm to captdalton
quote:
Why do you think Brian Kelly will take $35 million?
He won't unless he has had a lobotomy or has a terminal disease.
Posted on 11/11/25 at 10:07 pm to FairhopeTider
quote:"Hell Scottie, you actually fired that Yankee? I was just playin'. That was the Elijah Craig talkin'."
They pledged to cover the buyout then sobered up the next day and realized what they did. It’s the only explanation.
Posted on 11/11/25 at 10:13 pm to RTRnFlorida
quote:Check out Exhibit 2 and 3 in BK's filing.
It’s hard to know when the AD walked in and said, you’re done.
Posted on 11/11/25 at 10:24 pm to Murph4HOF
Is this whole thing just a classic Louisiana hustle ?
Dat yanka not leaving this state with all that money. We make it go to court some of our friends available to represent him .
Dat yanka not leaving this state with all that money. We make it go to court some of our friends available to represent him .
Posted on 11/11/25 at 10:30 pm to BamaBravesPackers
quote:
Edit: think the clown on Locked on LSU said BK offered 43mm settlement, but not sure whether that is true or not.
If Brian Kelly offered to settle with LSU for a $43 million dollar lump sum and LSU turned it down hoping for $32-35 million… we saw sidewalk math.
Posted on 11/11/25 at 10:39 pm to captdalton
quote:
He has a contract with a guarantee of $54 million.
It looks like a 10 year treasury note closed at 4.081% today. That is as close to zero risk investment as there is.
$35 million invested today at 4.081% interest will be worth $44 million in 6 years.
Do you have a zero risk investment with a guaranteed 10% annual return?
Why do you think Brian Kelly will take $35 million?
Just depends how scared he is of the market.
Also depends on if he wants to work again.
Posted on 11/11/25 at 11:43 pm to boogiewoogie1978
They used to tell us how poor Tennessee was. We wasted a lot of money on former coaches, but we were never poor. Looks like somebody might be tho.
Posted on 11/11/25 at 11:59 pm to travelgamer
LSU is poor! They got No money!
Posted on 11/12/25 at 1:09 am to boogiewoogie1978
Woodward is about to up get sued into the ground by LSU for gross negligence over the way he fired Kelly
Posted on 11/12/25 at 1:18 am to SECCaptain
quote:
Woodward is about to up get sued into the ground by LSU for gross negligence over the way he fired Kelly
Nah, He can say the Governor told him to. The Governor was already talking about the next football Coach.
Posted on 11/12/25 at 1:58 am to captdalton
Might want to check your math there buddy
Discount rate should be 1.08^-6 x principal(should really be 360 day calendar for compounds, but I’m too lazy)
Assuming 8% over inflation for 6 years, $54 million has a present day value of $34 million and change
5% would be $40.3 million
But finding a 5% net risk free rate is impossible, much less 8%
3.5%, which is actually reasonable and historically close to average factoring for recessions would be $43.93 million, which is what was offered
Discount rate should be 1.08^-6 x principal(should really be 360 day calendar for compounds, but I’m too lazy)
Assuming 8% over inflation for 6 years, $54 million has a present day value of $34 million and change
5% would be $40.3 million
But finding a 5% net risk free rate is impossible, much less 8%
3.5%, which is actually reasonable and historically close to average factoring for recessions would be $43.93 million, which is what was offered
This post was edited on 11/12/25 at 8:07 am
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