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re: LSU accidentally overpaid their $95 million dollar coach by a million dollars in 2022
Posted on 1/25/23 at 9:23 pm to jryanw
Posted on 1/25/23 at 9:23 pm to jryanw
quote:
And they are making him take a salary reduction monthly for 2023. Damn it must suck to be as poor as LSU. Lol There is no way Bama would’ve asked Saban to take a pay cut if we overpaid him. It would’ve just been removed from the last year of his contract.
So you would make him take a pay cut the last year of his contract?
1
Posted on 1/25/23 at 9:25 pm to SidewalkTiger
quote:
So you would make him take a pay cut the last year of his contract?
I honestly can’t even imagine a scenario where Bama would’ve even told Saban they made the mistake. We would’ve just put it on taxes as a 1 mil bonus.
Posted on 1/25/23 at 9:34 pm to jryanw
quote:
I honestly can’t even imagine a scenario where Bama would’ve even told Saban they made the mistake. We would’ve just put it on taxes as a 1 mil bonus.
Why?
Is Bama too arrogant to admit a mistake?
Posted on 1/25/23 at 9:37 pm to SidewalkTiger
quote:
Why? Is Bama too arrogant to admit a mistake?
No we just know the value of our coach and wouldn’t even considered asking him to take a monthly salary reduction so we could get the money back from him in 12 months. Lol
This is the trashiest thing I’ve ever heard of. I guess when you have to lay off employees because your school is poor this is what happens.
Posted on 1/25/23 at 9:42 pm to jryanw
quote:
No we just know the value of our coach and wouldn’t even considered asking him to take a monthly salary reduction so we could get the money back from him in 12 months
You have absolutely no idea what they would do.
Posted on 1/25/23 at 9:49 pm to SidewalkTiger
quote:
You have absolutely no idea what they would do.
Actually I do. After the 2008 season when Saban made it to the SEC championship game and lost in his 2nd season we gave him a massive contract extension.
He went from 4.1 million per year to 8.2 million per year.
Announced on Tuesday, Saban's new eight-year, $65 million deal will pay an average of $8.2 million a year -- more than double the pre-inflation adjusted total from that initial 2007 contract.
This post was edited on 1/25/23 at 9:51 pm
Posted on 1/25/23 at 10:04 pm to jryanw
quote:
Actually I do. After the 2008 season when Saban made it to the SEC championship game and lost in his 2nd season we gave him a massive contract extension.
He went from 4.1 million per year to 8.2 million per year.
That has absolutely nothing to do with this situation.
Posted on 1/25/23 at 10:59 pm to BlackCloud
quote:
Aggy overpaid Jimbo 100mil on purpose!
Posted on 1/25/23 at 11:31 pm to SidewalkTiger
Here you go dumbass.
The state of Florida audit determined that USF overpaid Skip Holtz and other employees. The original audit said the school needed to pay the state back just the amount they overpaid from the state fund. The Auditor General said that was stupid and they just need to do a better job in the future. LSU you are more broke than USF.
USF let Skip Holtz keep his overpayment after he left the school.
The state of Florida audit determined that USF overpaid Skip Holtz and other employees. The original audit said the school needed to pay the state back just the amount they overpaid from the state fund. The Auditor General said that was stupid and they just need to do a better job in the future. LSU you are more broke than USF.
USF let Skip Holtz keep his overpayment after he left the school.
Posted on 1/25/23 at 11:32 pm to jryanw
quote:
Here you go dumbass. The state of Florida audit determined that USF overpaid Skip Holtz and other employees.
Didn’t you just write that this kind of overpayment has never happened before?
Posted on 1/25/23 at 11:44 pm to Hugh McElroy
And in only 1 year he won the west. How’s Aggies ROI going with Jimbo?
Posted on 1/26/23 at 5:37 am to BlackCloud
quote:
Aggy overpaid Jimbo 100mil on purpose!
might be the best post on any message board ever LOL. Good show!
Posted on 1/26/23 at 5:38 am to lsufan1971
quote:
Aggy paying Jimbo 1.8 million per win, 450K per quarter in wins or 30K per play in those wins.....
When you break it down to doallrs per play it makes the hurry up offense make more sense!
Posted on 1/26/23 at 5:43 am to bamasgot13
quote:
Says a lot about Kelly that he didn’t bring it to their attention but it had to be uncovered by an audit instead.
I know $1m isn’t as much to him as it is to most, but he knew he got $1m extra and didn’t report it.
I don't make near what Kelly is making but If I were overpaid by what, 10% for the year, I wouldn't know it either. Its a pretty safe bet that folks like Kelly ain't getting a paystub on Friday and while eating a bologne sandwich in the company cafeteria doing the math to make certain they were paid right. Most folks have been there and done that early in the careers but most of us get past that after about age 35 or so....
Posted on 1/26/23 at 5:47 am to AwgustaDawg
Presumably coaches are paid via direct deposit...if so the entity depositing money can also withdraw money from an account. It'd be HILARIOUS if there were an automatic mechanism in place in the payroll system where that happened....imagine the trash talking non lsu fans could do about the school or AD reaching into Kelly'swallet and removing money. Finders crossed....
Posted on 1/26/23 at 5:53 am to jryanw
quote:
I honestly can’t even imagine a scenario where Bama would’ve even told Saban they made the mistake. We would’ve just put it on taxes as a 1 mil bonus.
Saban's probably already structured the accounting and payroll offices in such a manner to make that kind of error impossible.
Posted on 1/26/23 at 6:26 am to Hugh McElroy
No one in the state of Louisiana has ever been particularly competent with a four-function calculator
Posted on 1/26/23 at 9:29 am to AwgustaDawg
quote:
quote:
Aggy overpaid Jimbo 100mil on purpose!
might be the best post on any message board ever LOL. Good show!
Posted on 1/26/23 at 9:42 am to Hugh McElroy
keep enjoying those 7-5 seasons. talk about overpaying! lol.
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