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re: Does LSU not have the money to fire BK?

Posted on 11/12/25 at 3:52 pm to
Posted by SECCaptain
Member since Jun 2025
1217 posts
Posted on 11/12/25 at 3:52 pm to
You’re insane.

10% per year may happen over a 5 year stretch in a bull market, but it will get wiped out by a looming inevitable recession. The nominal rate of return for capital markets is like 8% this century, which is 3.5-4% inflation adjusted(using housing market indexes for adjusting, CPI greatly underestimates real inflation)


Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
65851 posts
Posted on 11/12/25 at 5:18 pm to
quote:

The nominal rate of return for capital markets is like 8% this century


Still worth it at 8%


Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
65851 posts
Posted on 11/12/25 at 5:28 pm to
quote:

This is why I believe you are probably broke and living with your parents.


I wish
Posted by countrytiger60
Larose
Member since Sep 2018
4102 posts
Posted on 11/12/25 at 5:48 pm to
nobody on this site has any real knowledge of what is going on right now with BK and his contract. people hear rumors and they run with it. one major booster is going to pay the bulk of the buy out. and nobody is going to right out a check for 53 million. it will be payed out in installments. and I would be willing to bet that it will be cut in half.
Posted by captdalton
Member since Feb 2021
19472 posts
Posted on 11/12/25 at 6:10 pm to
quote:

I'm no financial advisor


Everyone realizes that now.
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
65851 posts
Posted on 11/12/25 at 6:12 pm to
Maybe I've just been lucky
Posted by captdalton
Member since Feb 2021
19472 posts
Posted on 11/12/25 at 6:15 pm to
quote:

it will be payed out in installments. and I would be willing to bet that it will be cut in half.


Why do you believe it will be cut in half?

Brian Kelly signaled he is willing to go to war when he sued LSU.

Do you think it will happen because of corrupt Louisiana courts?

How awesome would it be if this became a Supreme Court case because the Louisiana courts fouled it up so bad with nepotism?
Posted by SECCaptain
Member since Jun 2025
1217 posts
Posted on 11/12/25 at 6:38 pm to
That's nominal, so 3-4% with inflation
Posted by Giantkiller
the internet.
Member since Sep 2007
24361 posts
Posted on 11/12/25 at 7:15 pm to
quote:

Does LSU not have the money to fire BK?



LSU has the money to do it. But we also have very moronic forces at work behind the scenes. It's not doing us any favors and will only end up fricking us.

I was ready to move on from BK like everyone else. And like everyone else in the real world, I expected we'd be on the hook to pay him until he found another gig. But the money was always going to be $53M until that point.

Now - nobody knows what the frick is going on. I don't know if it's Landry or what, but it doesn't look good and I think in the end, will end up costing us a lot more... starting with finding a new coach.
Posted by Wildcat98USA
Member since Nov 2023
436 posts
Posted on 11/12/25 at 8:16 pm to
quote:

I would be willing to bet that it will be cut in half.


I’ll take that bet right now. DM for Venmo
Posted by aggressor
Austin, TX
Member since Sep 2011
9182 posts
Posted on 11/12/25 at 8:18 pm to
Went to Canes in Austin tonight and they had "Official Sponsor of Texas Athletics" everywhere including the drink cups. LSU having to get sip money now just to pay for bad coaches I guess. tDecline is back and it is real.
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
65851 posts
Posted on 11/12/25 at 9:19 pm to
quote:

That's nominal, so 3-4% with inflation

You're dealing with inflation either way.
Posted by captdalton
Member since Feb 2021
19472 posts
Posted on 11/12/25 at 9:32 pm to
What is this risk free investment that has a 10% return?
Posted by JustGetItRight
Member since Jan 2012
16096 posts
Posted on 11/12/25 at 9:36 pm to
quote:

They are trying to swing the latter.


The contract also says that if they are firing him for cause they must give him a notice and he has seven days to respond.

No such notice was given. The chance to say they are firing him for cause went away during their bye week.
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
65851 posts
Posted on 11/12/25 at 9:37 pm to
No investment is risk free.

But as the Texas fan pointed out, 8% is the market average and even at 8%, BK ends up with more than $54mil.

He also has it free and clear, his next salary isn't figured into it.

Maybe it isn't worth the risk to him. Maybe he doesn't plan on working again. Maybe LSU can't even afford a bulk payment like that. Who knows?
Posted by SECCaptain
Member since Jun 2025
1217 posts
Posted on 11/12/25 at 9:50 pm to
8% wasn’t adjusted for inflation, but if you guys want to know the real FMV of the $54 million he’s owed, I can do a thorough breakdown tomorrow adjusted for when it was set to be paid out and theoretical, risk free rate on that money over the terms(360 day calendar)

E.g. the 9 million he’s owed next year will be worth more than the 9.4 in the final year given ROI less inflation(theoretical, it’s hard to actually get real returns unless you manage your own money, and he clearly doesn’t)
This post was edited on 11/12/25 at 9:52 pm
Posted by MosesRAB93
Dallas area
Member since Apr 2014
363 posts
Posted on 11/13/25 at 8:42 am to
…and the locker room Cheez-its commercial that is apparently the last one they’ll ever make.
Posted by countrytiger60
Larose
Member since Sep 2018
4102 posts
Posted on 11/13/25 at 6:12 pm to
BK has skeletons in the closet since he came to LSU. they could have fired him his first year but they didn't. a deal will be made.
Posted by That LSU Guy
PVB
Member since Jul 2008
14855 posts
Posted on 11/13/25 at 7:08 pm to
quote:

LSU hired a man KNOWING that he had, as head coach, killed a kid on campus.
Low IQ post.
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