LSU’s contract is actually with “O” The Rosy Finch Boyz, LLC, not Ed Orgeron

The Tiger rant thread is hilarious.

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This is just so rich and perfect on so many levels.

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and extremely sad and depressing.

as if we needed another reason to binge drink.

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and extremely sad and depressing.

as if we needed another reason to binge drink.

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Eh, we've been calling him the "Cajun Hoke" ever since y'all hired him.

- Homer pick with a strong regional accent
- Good position coach and/or recruiter
- Sounds dumb as a box of rocks: LINK (<--worth a laugh at our expense).
- All about smashmouth, manning up, etc. and gives empty quotes about that kind of stuff
- History w/the school (player at LSU, Hoke coached DL on our 1997 title team)

It goes on and on.

It will get better at some point. Culture of Louisiana means its tough to make recruiting inroads for out of state powers, so once you get a halfway competent coach you'll be good again pretty quickly. I remember we pulled a bunch of players out of there like Anthony Thomas and Ronald Bellamy but it dried up once you got better.

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Orgeron didn't play football at nor did he attend LSU. He played at Northwestern State in Natchitoches, La.

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You sure about that:

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Orgeron signed to play football at Louisiana State University, but left the program after his first year to transfer to Northwestern State University in Natchitoches, Louisiana.

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LINK

I had seen this but ignored it because I thought it was a song or something - now I see what it really is

HAHAHHAHAHAHAHAHAHAHHAHAHAHHAHAHAHHAHAHHAHAHAHAHHAHAHAH

Now I'm curious if this is normal for coaches to use an LLC for contractual purposes. I'm not sure what the point is though. Typically, LLCs are to protect the owners from lawsuits, but the only actor for this LLC is Orgeron (and technically his wife, I guess). If Orgeron does something worthy of getting sued, he'll just be named as an individual, not part of the corporate entity that holds the contract with LSU.

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The fact that Orgeron has a $12 million buyout is hilarious.

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Orgeron has a fully guaranteed contract (stupid). It is not 12 million as of today. It was 12 million when it was signed and reduces with every paycheck he receives. It's not just a flat 12 million dollar buyout until January, and then reduces to 9. Regardless, Alleva is a fricking moron for giving Orgeron a fully guaranteed contract when he would have signed for a bowl of gumbo to get another P5 head coaching job. shite, if Orgeron even stood firm on that demand, they could have always promoted Aranda just as easily (and in hindsight probably should have either way).

The way his buyout is structured is that his buyout began at 12 million and reduces by the amount he has been paid throughout his contract. If he is fired without cause, LSU has to pay him 2 million within a couple months and the rest over a period of time (can't remember exactly how long).

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Now I'm curious if this is normal for coaches to use an LLC for contractual purposes. I'm not sure what the point is though. Typically, LLCs are to protect the owners from lawsuits, but the only actor for this LLC is Orgeron (and technically his wife, I guess). If Orgeron does something worthy of getting sued, he'll just be named as an individual, not part of the corporate entity that holds the contract with LSU.

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It's for tax reasons, baw. And I 'm sure it's pretty common. By the way, O, in his personal capacity, is a party to the contract.