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re: What was BK doing to get his buyout down to 20mil…?
Posted on 10/27/25 at 3:39 pm to Crab trapper12
Posted on 10/27/25 at 3:39 pm to Crab trapper12
Half of that would be needed for a house next to saban and Kirby ok Boca grande in FL.
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Posted on 10/27/25 at 3:40 pm to Crab trapper12
quote:
hat was BK doing to get his buyout down to 20mil…
Sounds like this was just social media talk.
Posted on 10/27/25 at 4:27 pm to ColoradoElkHerd
quote:
Wasn't anything said about his "morals" until after his team was blown out on Saturday night.
The for cause issue being discussed are just silly. Nobody that knows anything about college football thinks they fired him for cause. Even if they did the timing would be so horrendously bad they probably couldn't get a for cause firing to stick.
IMO the only way the payments due are reduced is by an upfront lump sum/accelerated payments or some reduction based on LSU dropping their mitigation rights.
Posted on 10/27/25 at 4:35 pm to Old Sarge
quote:
accidentally cheated on his wife
Care to explain?
Posted on 10/27/25 at 4:35 pm to Crab trapper12
My guess is that he is 64 and there is a high likelihood that his contract requires him actively looking for HC positions and accepting reasonable offers.
At 64, getting paid half for not working sounds pretty nice. Also, LSU is government so they have some additional leverage like paying zero and just taking the reputation hit.
At 64, getting paid half for not working sounds pretty nice. Also, LSU is government so they have some additional leverage like paying zero and just taking the reputation hit.
Posted on 10/27/25 at 4:37 pm to Crab trapper12
They tried showing him some pics they had of him smoking cigs out behind the ops center. Told him he could have them if he agreed to a reduction. He told them to frick off and pay up.
Posted on 10/27/25 at 4:38 pm to LSUSlidell23
quote:
Care to explain?
"Well, this is how it happened. I was walking across the office to talk to my real estate office and the darnedest thing happened. I tripped and fell, and you'll never guess where my pecker landed. And darned if, as it turns out, she wasn't wearing any undies."
Posted on 10/27/25 at 4:40 pm to Dallaswho
quote:
there is a high likelihood that his contract requires him actively looking for HC positions and accepting reasonable offers.
He doesn’t have to look for HC positions.
quote:
Also, LSU is government so they have some additional leverage like paying zero and just taking the reputation hit.
What?
Posted on 10/27/25 at 4:42 pm to Dallaswho
quote:
My guess is that he is 64 and there is a high likelihood that his contract requires him actively looking for HC positions and accepting reasonable offers.
At 64, getting paid half for not working sounds pretty nice. Also, LSU is government so they have some additional leverage like paying zero and just taking the reputation hit.
If you think any coach worth a shite would work there after that - I have some ocean front property available right here in Oklahoma.
Posted on 10/27/25 at 4:42 pm to Mo Jeaux
quote:
What?
See Mike Leach Vs TX (TTU)
Can’t sue the government unless they agree to be sued or the legislature already carved out specific exemptions.
Posted on 10/27/25 at 4:43 pm to TheGhostofBud
quote:
If you think any coach worth a shite would work there after that - I have some ocean front property available right here in Oklahoma.
The state of Texas already did it and they still hire coaches just fine.
Posted on 10/27/25 at 4:46 pm to Crab trapper12
The morality clause that only kicks in when you aren’t winning enough games?
Posted on 10/27/25 at 4:49 pm to Dallaswho
quote:
See Mike Leach Vs TX (TTU)
Interesting, although the facts there would be a little different than LSU just saying that “we’re not paying you for a termination without cause”.
BK’s contract does include a provision expressly providing that LSU is not waiving any sovereign immunity.
Posted on 10/27/25 at 4:49 pm to twk
quote:
The present value of his buyout over time, with no mitigation, would be somewhere around $35 million. So, if you factor in some mitigation money, $20 million now is not a huge discount.
If the NPV of my payout is $35 million, and I am requested to settle for $20 million, I would tell my agent to give them a three word response "GFY".
Posted on 10/28/25 at 8:51 am to MemphisGuy
quote:
Well, this is how it happened. I was walking across the office to talk to my real estate office and the darnedest thing happened. I tripped and fell, and you'll never guess where my pecker landed. And darned if, as it turns out, she wasn't wearing any undies."
Lol. Accidentally cheating
Posted on 10/28/25 at 9:21 am to Mo Jeaux
quote:
the speculation about LSU “using” that are just speculation
I'm not sure if it's still accessible, but when the Coaching Changes Board was up, someone mentioned them getting it down to $20-$25m for this exact reason.
And if I recall this was posted after the game, before anything was even official regarding BK.
So either it was true and got leaked, or multiple people saw/heard the exact same rumor.
Posted on 10/28/25 at 9:27 am to Crab trapper12
quote:
“Morals code” was sited
I laffed at this, then through up in my mouth.
Posted on 10/28/25 at 9:27 am to paperwasp
My understanding is that it’s 53MM if he were to take it over the next 6-7 years.
They are negotiating a lump sum buyout and in that negotiation I think some of his transgressions are coming to light to get him to agree to a lesser lump sum.
None of this is reported as factual, so who really knows.
They are negotiating a lump sum buyout and in that negotiation I think some of his transgressions are coming to light to get him to agree to a lesser lump sum.
None of this is reported as factual, so who really knows.
Posted on 10/28/25 at 9:29 am to Jeepin_Josh
quote:Until you need to hire your next coach. Seriously, I understand but would you want to work for an organization like this, who is actively spying on you?
If school were smart they'd have a PI on retainer following these coaches around and keeping a file on them.
Posted on 10/28/25 at 9:30 am to Old Sarge
quote:
Rumor is that he maybe possibly could have accidentally cheated on his wife
Because he was screwing an entire school and fanbase?
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