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re: Drunken LSU has spent nearly a quarter of a BILLION just since late October

Posted on 3/26/26 at 3:20 pm to
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
69231 posts
Posted on 3/26/26 at 3:20 pm to
quote:

If there’s one thing we’ve learned, it’s that spending hundreds of millions of dollars guarantees you a championship.


Puts you in a better position than not.
Posted by Rrrrroger
Member since Mar 2021
1253 posts
Posted on 3/26/26 at 3:24 pm to
Some schools prefer fancy amenities, luxury boxes, and chain restaurants in the concourses.


Others prefer winning on the field.


Sucks that Aggy (and VOLS) fall into the former
Posted by Summer of Jimbo
Amateur Statistician
Member since Oct 2022
3861 posts
Posted on 3/26/26 at 3:25 pm to
quote:

Puts you in a better position than not.


Ha funny you haven’t been telling us that
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
72051 posts
Posted on 3/26/26 at 4:10 pm to
Brian Kelly buyout -- $54 million
Is being paid out over next 6 years

Will Wade buyout -- $5.3 million (drops to $3 million April 1)
We settled for $4M

Lane Kiffin contract -- $91 million
Is a 7 year deal, not paid all at once

Will Wade contract – Approximate $30 million (details have not been announced)
Will also be a 7-ish year deal probably


This is far from money out of the pocket right now, the majority of it is being paid over a long period of time. Obviously I know people like Thamel have a HUGE thing against LSU, but incredibly weird way to frame it like the school spent $190M the last 6 months when thats not even close to accurate
This post was edited on 3/26/26 at 4:11 pm
Posted by skrayper
21-0 Asterisk Drive
Member since Nov 2012
35097 posts
Posted on 3/26/26 at 4:15 pm to
quote:

Hide the money, the poor people are crying.


You misspelled "sick kids."
Posted by SouthernInsanity
Shadows of Death Valley
Member since Nov 2012
26515 posts
Posted on 3/26/26 at 4:20 pm to
You gotta spend money on a HC. When Nicky left.... did bama go bargain shopping for a HC???

So frick off captdalton and worry about the YOUR team.
Posted by captdalton
Member since Feb 2021
22436 posts
Posted on 3/26/26 at 4:22 pm to
You forgot:

Matt McMahon buyout: $8 million
Scott Woodward buyout: $6.5 million

Over the next 6 seasons, between buyouts and current salaries, LSU would spend $31 million per year for Lane Kiffin and Will Wade.

Kiffin: $13 million/season
Wade: $5 million/season
Buyouts: $76 million total; $13 million/season
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
69231 posts
Posted on 3/26/26 at 4:25 pm to
quote:

Ha funny you haven’t been telling us that


Has Alabama been spending a lot of money lately?
Posted by tigerbait2010
PNW
Member since May 2006
33294 posts
Posted on 3/26/26 at 4:27 pm to
This board is in fricking shambles that LSU is back same losers every single time I peak back in too
Posted by paperwasp
2x HRV 2025 Poster of the Year
Member since Sep 2014
29717 posts
Posted on 3/26/26 at 4:31 pm to
quote:

same losers every single time I peak back in

Posted by captdalton
Member since Feb 2021
22436 posts
Posted on 3/26/26 at 4:31 pm to
quote:

I know people like Thamel have a HUGE thing against LSU, but incredibly weird way to frame it like the school spent $190M the last 6 months when thats not even close to accurate


LSU DID spend over $170 million. $76 million in buyouts. $72 million guaranteed to Kiffin. Likely $25-28 million guaranteed to Wade. So they are on the hook for over $170 million. They have negotiated so they will have the next 6 to 7 years to pay it off.

But that money is spent. LSU simply has a payment plan for their coaches like the average LSU fan does for their Aaron’s TV.
Posted by countrytiger60
Larose
Member since Sep 2018
4410 posts
Posted on 3/26/26 at 4:51 pm to
have you been a cuck your entire life!
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
65892 posts
Posted on 3/26/26 at 4:53 pm to
Posted by Klingler7
Houston
Member since Nov 2009
12609 posts
Posted on 3/26/26 at 5:00 pm to
Geaux frick yourself. a-hole.
Posted by tigger1
Member since Mar 2005
3813 posts
Posted on 3/26/26 at 5:05 pm to
But LSU is broke.

Seen it posted here for years.

You have not seen nothing yet!
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
72051 posts
Posted on 3/26/26 at 5:07 pm to
I didn't "forget" anything. Was pointing the huge fallacy LSU "spent" $190M the last 6 months. I was merely pointing out the long term contracts and Kelly/McMahon buyouts are paid out over a long term, not right now, not this year, but over several years.

The Kelly buyout is being handled by 1 big booster mostly who stepped up. This isn't much "LSU" money in that instance, rather large donor support.
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
72051 posts
Posted on 3/26/26 at 5:08 pm to
quote:

LSU DID spend over $170 million.


Not in the last 6 months as was misrepresented by Thamel, he is intentionally trying to mislead to make it look much worse than cash flow reality. Most of this is money over several years, no the last 6 months, this year alone.

If you buy a house with a 30 year mortgage for $500k, you didn't "spend" $500k just then, you are obligated to pay $500k over the next 30 years (plus interest). There is a huge difference in how you present that kind of information.

On top of all that its a ton of donor money, not "school" money. As I said above 1 donor pretty much stepped up and is taking care of the Kelly buyout on their own. We've got some huge huge donor money these days from some billionaires.
This post was edited on 3/26/26 at 5:18 pm
Posted by Gatorbait2008
Member since Aug 2015
27958 posts
Posted on 3/26/26 at 5:49 pm to
Lol
Posted by Harry Rex Vonner
Foggy Bottom Law School
Member since Nov 2013
49884 posts
Posted on 3/26/26 at 5:51 pm to
quote:

Louisiana is the most corrupt state in the nation, and they have been for a long time.

Louisiana is the Most Corrupt State





THOSE frickERS !
Posted by semjase
New Smyrna Beach FL
Member since May 2014
15493 posts
Posted on 3/26/26 at 6:02 pm to
But all you Psychotic LSU Hatng SEC Rant Virgin Geek Troll Attention Whores told us that "LSU iS POOR!"
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