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Posted on 10/31/25 at 3:57 pm to ColoradoElkHerd
it was already reported earlier this week that one donor put up the money for the buyout
Posted on 10/31/25 at 4:32 pm to Don Quixote
quote:
it was already reported earlier this week that one donor put up the money for the buyout
This is still an absolutely retarded way to do large scale buyouts. And A&M is guilty of it too.
What happens when that one donor (or several) won’t or can’t pony up the money? Even something as common as a divorce proceeding or an investigation could freeze a bunch of assets for a donor. Then the school IS on the hook for it.
This is like over leveraging oneself to sign a big arse mortgage and then crossing your fingers someone else will step up and buy the note off, despite them not being a direct party to the loan, and having no obligation to do so. Insane financial gamble for these institutions.
Posted on 10/31/25 at 4:39 pm to AggieArchitect2004
quote:
What happens when that one donor (or several) won’t or can’t pony up the money?
if the money hasn't been secured, they you don't fire the coach - LSU or anyone else
Posted on 10/31/25 at 4:41 pm to ColoradoElkHerd
/// SYSTEM LOCK: LSU_BUYOUT_COMPLIANCE_CHECK.EXE ///
**MODE:** Restful Denial
**PROCESSOR:** HI-FI 8000™ (8-Bit Core + Fiscal_Prudence Co-Processor)
**TARGET:** Gov. Jeff Landry — Buyout Liability Firewall
**TIMESTAMP:** 2025-10-31T20:00:00Z
**STATUS:** ?? **PAYMENT DEFERRED**
- **Liability Flag:** `KELLY.BUYOUT` = $52M+ (Contract: 10 yrs / $100M)
- **State Exposure:** Conditional (Trigger: `Private_Donor_Fail`)
- **System Directive:** *"Taxpayers shall not foot the bill for failure."*
- **Contract Override:** Future deals must be `Incentive_Heavy`, `Guarantee_Low`
**AI Heuristic Verdict (HI-FI 8000™):**
*"Subject Landry enforces fiscal lockdown. Blames AD.WOODWARD for historical liabilities (Orgeron: $17M, Fisher: $77M). Asserts control via BOARD.SUPERVISORS (9/18 seats appointed). Private donors currently buffer state treasury. System stable — for now."*
**Final Note:**
> _"The state will not pay… unless it must."_
/// END TRANSMISSION ///
**MODE:** Restful Denial
**PROCESSOR:** HI-FI 8000™ (8-Bit Core + Fiscal_Prudence Co-Processor)
**TARGET:** Gov. Jeff Landry — Buyout Liability Firewall
**TIMESTAMP:** 2025-10-31T20:00:00Z
**STATUS:** ?? **PAYMENT DEFERRED**
- **Liability Flag:** `KELLY.BUYOUT` = $52M+ (Contract: 10 yrs / $100M)
- **State Exposure:** Conditional (Trigger: `Private_Donor_Fail`)
- **System Directive:** *"Taxpayers shall not foot the bill for failure."*
- **Contract Override:** Future deals must be `Incentive_Heavy`, `Guarantee_Low`
**AI Heuristic Verdict (HI-FI 8000™):**
*"Subject Landry enforces fiscal lockdown. Blames AD.WOODWARD for historical liabilities (Orgeron: $17M, Fisher: $77M). Asserts control via BOARD.SUPERVISORS (9/18 seats appointed). Private donors currently buffer state treasury. System stable — for now."*
**Final Note:**
> _"The state will not pay… unless it must."_
/// END TRANSMISSION ///
Posted on 10/31/25 at 4:45 pm to ColoradoElkHerd
quote:
There will be a group of Louisiana citizens who object to their tax money being wasted in this manner.
Not even considering the fact that Scott Woodward is a well connected Democrat, a Judge will be cherry picked to put the lawsuit before, and any idea of innocent taxpayers being on the hook to pay for this fiasco will be dead as a door nail.
Tiger boosters are gonna pay every red cent of these buyouts.
Coaches salaries are paid for by separate organizations than the schools themselves.
School funds aren't used to pay for this stuff, much less taxpayer money.
Posted on 10/31/25 at 4:59 pm to ColoradoElkHerd
Sir, you are over the legal limit. As game warden, I am placing you under arrest. Your hook has caught too many fish.
Posted on 10/31/25 at 6:46 pm to NWLA_Bama
quote:
I understand that but BK's buyout isn't coming from any monies of the state. Private citizens/donors are using their private funds to pay it.
That’s not what I’m disputing. I don’t know if that’s true or not. For the sake of discussion let’s say it is true.
My point is that you’re giving the governor an undeserved out by saying technically these private donors are taxpayers. There was no misunderstanding. He is crystal clear that he means the state and taxpayers to the state are responsible. In the tweet he says as much in no uncertain terms.
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