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Posted on 10/28/25 at 2:44 pm to generalgator87
quote:
Interestingly, Brian Kelly’s contractual obligation to find another job is spelled out in just one sentence of his LSU contract with no reference to what he must do to show he is trying to find a job or what the consequences will be if he doesn’t meet that obligation.
That’s most of these contracts. They have to “look” for work. It’s probably all moot because the buyout was negotiated to around half. I’m guessing that he was given the concession that he didn’t have to look for work/there would be no offset if he did find work.
Posted on 10/28/25 at 2:44 pm to aspiclark
No one said he was terminated for cause. He wasn’t fired for cause. No one has reported that because it isn’t what happened.
He will continue receiving $800k a month as scheduled til 2031. They are working on a lump sum settlement offer. LSU has leverage (mitigation) on pushing that lump sum settlement offer down from the NPV
He will continue receiving $800k a month as scheduled til 2031. They are working on a lump sum settlement offer. LSU has leverage (mitigation) on pushing that lump sum settlement offer down from the NPV
This post was edited on 10/28/25 at 2:46 pm
Posted on 10/28/25 at 2:45 pm to JPLSU1981
You should remember he said that next time he tries to chime in on something that matters at LSU. He made it up and is dumb enough to have believed even for a second that that's how any of this works. A child's understanding of contract law.
Posted on 10/28/25 at 2:46 pm to Mizzouligan
quote:
He is getting half of his buyout.
Keep dreaming.
He's getting way more than half.
[/img]This post was edited on 10/28/25 at 2:48 pm
Posted on 10/28/25 at 2:46 pm to JPLSU1981
I'm sure LSU press woud like you to believe they are working on a settlement. Kelly's contract already has clear language what the terms of the settlement will be. Any LSU attempt to wiggle out of it would require leverage they do not have.
Which is why we're getting so much misinformation from their desperate prss currently.
Which is why we're getting so much misinformation from their desperate prss currently.
Posted on 10/28/25 at 2:46 pm to TigerLunatik
quote:
Our local CBS affiliate is reporting that a source he trusts tells him that throught the morality clause, they agreed on $27M.
Probably a bullshite report.
Posted on 10/28/25 at 2:48 pm to Mo Jeaux
of course it could be. Jaques doesn't usually just throw shite out there for no reason.
This post was edited on 10/28/25 at 2:50 pm
Posted on 10/28/25 at 2:49 pm to TigerLunatik
He 100% did in this case.
Well not for no reason I guess. The reason in this case is that he's a desperate LSU fan looking for leverage that doesn't exist.
Well not for no reason I guess. The reason in this case is that he's a desperate LSU fan looking for leverage that doesn't exist.
This post was edited on 10/28/25 at 2:50 pm
Posted on 10/28/25 at 2:49 pm to TigerLunatik
He’s deleted that post from Facebook though.
Posted on 10/28/25 at 2:50 pm to aspiclark
You don’t know what you’re talking about.
He gets $800k/mo. They’re working on a lump sum offer that works for both sides to move on from each other.
He gets $800k/mo. They’re working on a lump sum offer that works for both sides to move on from each other.
Posted on 10/28/25 at 2:53 pm to JPLSU1981
Which is a lot different than ppl saying LSU is leveraging the morality clause to pay him half his buyout.
Kelly will be collecting his buyout in full as described in his contract when this is resolved, which it is not yet. The boilerplate morality clause in his contract has nothing to do with it and anyone who says it does has been lying to you.
Kelly will be collecting his buyout in full as described in his contract when this is resolved, which it is not yet. The boilerplate morality clause in his contract has nothing to do with it and anyone who says it does has been lying to you.
This post was edited on 10/28/25 at 2:55 pm
Posted on 10/28/25 at 2:54 pm to aspiclark
quote:
Kelly will be collecting his buyout in full as described in his contract.
Maybe not, but I do agree with you in that if he doesn’t collect in full, it won’t be because of the stupid morality clause.
Posted on 10/28/25 at 2:56 pm to JPLSU1981
quote:This. Someone else ran the numbers and said that the present value of Kelly's unmitigated buyout would be $33 million. He's getting paid $9.4 million per year. Let's say he can find a job that pays 1/3 of that (a huge step down), which should be applied as mitigation. You'd then be down to a $22 million lump sum payment, net, to account for mitigation.
No one said he was terminated for cause. He wasn’t fired for cause. No one has reported that because it isn’t what happened.
He will continue receiving $800k a month as scheduled til 2031. They are working on a lump sum settlement offer. LSU has leverage (mitigation) on pushing that lump sum settlement offer down from the NPV
They will settle for a lump sum somewhere in the 20s and everyone will move on down the road.
Posted on 10/28/25 at 3:00 pm to captdalton
quote:
LSU fans spent months ridiculing Texas A&M over Jimbo’s buyout.
well they paid him 77 million dollars and it was owed within like 60 days, so yeah that's a whole lot worse
Posted on 10/28/25 at 3:03 pm to TigerLunatik
I don't care if he gets half or all. $0 are coming from Bhamtigah.
Posted on 10/28/25 at 3:12 pm to BhamTigah
quote:
I don't care if he gets half or all. $0 are coming from Bhamtigah.
Maybe we can get BK to fund some guillotine leagues.
Posted on 10/28/25 at 3:22 pm to captdalton
quote:
captdalton
You are really gonna be upset when you find out that Kelly is only getting 27 million. Sorry sugarbear. Nobody on this site has been as invested in this as you have since Kelly got fired.
Posted on 10/28/25 at 3:28 pm to twk
quote:lets put it this way:
He's getting paid $9.4 million per year. Let's say he can find a job that pays 1/3 of that (a huge step down), which should be applied as mitigation. You'd then be down to a $22 million lump sum payment, net, to account for mitigation.
- he’s just been fired for failure to perform when given millions in NIL, facilities, and other resources
- he’s regularly described as irascible, unlikable, difficult to work for, and lazy
- he’s 64 years old and unlikely to change
who the hell above the FCS level will hire him? especially for $3 million a year?
Posted on 10/28/25 at 3:56 pm to bopper50
quote:
He is getting half of his buyout.
What you gonna do when it turns out he got all of it?
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