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Message

re: How can LSU hire a new coach when they can't afford to pay their outgoing coach?

Posted on 11/25/25 at 2:24 pm to
Posted by geauxbrown
Louisiana
Member since Oct 2006
24838 posts
Posted on 11/25/25 at 2:24 pm to
Now here’s an original post.
Posted by Krampus
Member since Nov 2018
5668 posts
Posted on 11/25/25 at 2:25 pm to
quote:

he was owed x amount for the remainder of his contract and they paid that in a lump sum? talk about being stupid with money


Fully guaranteed means fully guaranteed. A&M should have never given Jimbo that contract, but they did, and they paid what was owed. Its called keeping your word.

But seeing as yoy are a Louisianan, I wouldn't expect you to understand such things.
Posted by mrbroker
Sylacauga Alabama
Member since Jul 2011
17683 posts
Posted on 11/25/25 at 2:25 pm to
How do you know they cant afford this? Are you an insider or someone who is hearing internet rumors?
Posted by ColoradoAg
Colorado
Member since Sep 2011
25140 posts
Posted on 11/25/25 at 2:25 pm to
There was a great story on it. When the BoR met to discuss Fisher's termination, the TMF told everyone present that the money was already raised to pay the buyout. The dumbass AD had worked a deal with Sexton for Stoops to replace Fisher.

The BoR told the AD that wasn't going to happen, and Elko was their choice for the job. No negotiation at all. Shorlly after that, the AD found a different position at tOSU.

Bjork was a moron.
Posted by D3Fan
Member since Dec 2024
4 posts
Posted on 11/25/25 at 2:27 pm to
There is a discount for a one time payment but it isn't half. LSU was trying to cheap out on him. I don't know why anyone would go to LSU after this unless it was an up and comer.
Posted by Open Dore Policy
The Commodore State
Member since Oct 2012
5318 posts
Posted on 11/25/25 at 2:34 pm to
It'll cost the children.
Posted by Colonel Ingus
Houston
Member since Nov 2021
5608 posts
Posted on 11/25/25 at 2:44 pm to
quote:

Lying, welching, stealing, cheating, and corruption all run deeply ingrained in Lousiana culture. Failure is who they are as a people. Sad.

Lying and Stealing University
Posted by GeekedUp
Virginia
Member since Jun 2009
2967 posts
Posted on 11/25/25 at 2:50 pm to
Todd Graves…
Posted by Kool Kaliper
Mansfield, TX
Member since Nov 2018
2872 posts
Posted on 11/25/25 at 2:50 pm to
Keep your nose on your face...
Posted by Topwater Trout
Red Stick
Member since Oct 2010
69443 posts
Posted on 11/25/25 at 2:51 pm to
quote:

Fully guaranteed means fully guaranteed. A&M should have never given Jimbo that contract, but they did, and they paid what was owed. Its called keeping your word.


A&M signed a contract stating whatever is owed will be p[aid in a lump sum? dumbasses lol

quote:

But seeing as yoy are a Louisianan, I wouldn't expect you to understand such things.


apparently texans can't understand what fully guaranteed means...it does not mean you have to pay our the balance in a lump sum....they made a bad financial decision doing it that way...but you can't comprehend that lol
Posted by Topwater Trout
Red Stick
Member since Oct 2010
69443 posts
Posted on 11/25/25 at 2:52 pm to
quote:

Bjork was a moron.


Bjork was worse than woodward?
Posted by Mempho
Member since Dec 2021
337 posts
Posted on 11/25/25 at 2:56 pm to
quote:

apparently texans can't understand what fully guaranteed means...it does not mean you have to pay our the balance in a lump sum....they made a bad financial decision doing it that way...but you can't comprehend that lol


You can’t understand “termination for cause?” No one is arguing over the structure of the payout.

LSU’s has taken formal action to skip the buyout entirely.
Posted by Topwater Trout
Red Stick
Member since Oct 2010
69443 posts
Posted on 11/25/25 at 2:58 pm to
quote:

There is a discount for a one time payment but it isn't half.


There is no logical reason to pay him 54 mil lump sum instead of 800k a month per what the contract states...only to part ways and be done with each other.
Posted by NashBamaFan
Nashville
Member since Mar 2011
3090 posts
Posted on 11/25/25 at 2:58 pm to
I heard BK, with his lawyer, are attempting to get a judge to rule against on this topic. They will try to get a judge to tell LSU that they cannot hire another coach until they have fulfilled the contact stipulations of the coach they just ran off. -sarcasm
Posted by SouthernInsanity
Shadows of Death Valley
Member since Nov 2012
25005 posts
Posted on 11/25/25 at 3:00 pm to
quote:

You right, we shutting down football.


Leaks from LSU insiders are that the press conference is Monday and they'll opt out of any bowl invite.
Posted by greygoose
Member since Aug 2013
14006 posts
Posted on 11/25/25 at 3:01 pm to
Here's the ultimate irony. LSU is trying to fire BK for cause, and insinuate that he couldn't keep it in his pants.......................and they are trying to hire Lane Kiffin, aka Joey Freshwater.
This post was edited on 11/25/25 at 3:02 pm
Posted by greygoose
Member since Aug 2013
14006 posts
Posted on 11/25/25 at 3:05 pm to
quote:

A) LSU is not fighting him because they can’t afford to, they asked the State Attorney General’s office to fight him.

B) his boss very publicly fired him. No reasonable person is buying the nonsense he abandoned the position.
Yep, and now BK's lawyers are saying that BK is unhirable due to LSU's accusations and attempting to fire him for cause. BK may end up with a lot more than his contract is worth.
Posted by deltaland
Member since Mar 2011
100014 posts
Posted on 11/25/25 at 3:23 pm to
quote:

They are literally paying him his $800,000 every two weeks as per the contract..... Both sides want a lump sum settlement so it's over so he doesnt have to look for another job.


Is 1.6 million a month stretching him so thin financially that he needs a job to make ends meet if he doesn’t get the lump sum?
Posted by Topwater Trout
Red Stick
Member since Oct 2010
69443 posts
Posted on 11/25/25 at 3:32 pm to
quote:

LSU’s has taken formal action to skip the buyout entirely.


part of the negotiation....ban bet that they reach a settlement amount?
Posted by That LSU Guy
PVB
Member since Jul 2008
14902 posts
Posted on 11/25/25 at 3:33 pm to
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