Domain: tiger-web1.srvr.media3.us Miles haters explain this? | Tiger Rant
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Miles haters explain this?

Posted on 11/22/09 at 3:44 pm
Posted by SOCAL TIGER
SOCAL
Member since Jan 2005
11421 posts
Posted on 11/22/09 at 3:44 pm
If Miles is fried where do we get the money to pay off his contract (15 million owed approximtley) and where do we get the money to bring in a big name coach? Face it he is here unless he quits......Poor economy, poor state, poor coach.......it all goes together
This post was edited on 11/22/09 at 3:50 pm
Posted by SOCAL TIGER
SOCAL
Member since Jan 2005
11421 posts
Posted on 11/22/09 at 3:50 pm to
and still no replys..........
Posted by silstang23
Bossier City, LA
Member since Oct 2007
4961 posts
Posted on 11/22/09 at 3:51 pm to
If I were an up and coming successful coach I wouldn't ask for much money to take the reins of a program such as LSU.

As far as the buy out for Miles, if he continues with the trend Im sure the money will some how appear.
This post was edited on 11/22/09 at 3:53 pm
Posted by Geaux2Hell
BR
Member since Sep 2006
4792 posts
Posted on 11/22/09 at 3:51 pm to
if hes fried then then he will probably be in the burn unit at the general
Posted by brad8504
Member since Jul 2004
11707 posts
Posted on 11/22/09 at 3:52 pm to
quote:

if hes fried then then he will probably be in the burn unit at the general



Posted by prplhze2000
Parts Unknown
Member since Jan 2007
57396 posts
Posted on 11/22/09 at 3:52 pm to
its not a lump sum due all at once. We can amortize it over several years.
Posted by TX Tiger
at home
Member since Jan 2004
39289 posts
Posted on 11/22/09 at 3:52 pm to
quote:

Miles haters explain this?
and still no replys..........

I think that's why all the frustration. We're well aware that we're stuck with this clown.
Posted by SOCAL TIGER
SOCAL
Member since Jan 2005
11421 posts
Posted on 11/22/09 at 3:53 pm to
brother, any successful coach will want big money to come deal with the SEC.......
Posted by DA
Member since Sep 2007
16251 posts
Posted on 11/22/09 at 3:53 pm to
Seven and eight.
Posted by Lithium
Member since Dec 2004
64099 posts
Posted on 11/22/09 at 3:55 pm to
so, based on Money we should suck at football
Posted by Righty
Raleigh, NC
Member since Apr 2007
983 posts
Posted on 11/22/09 at 3:55 pm to
I do believe if enough pressure is put on Miles by the fans and alumni that he would resign and agree a cheaper buyout of his contract.
Posted by SOCAL TIGER
SOCAL
Member since Jan 2005
11421 posts
Posted on 11/22/09 at 3:55 pm to
quote:

its not a lump sum due all at once. We can amortize it over several years.


you sure about that.......and how many years?
maybe 3 or 4....If we fire him he is not going to give us 10-15 years to pay it off...

you still have the other stadium and athletic projects to pay for and there is no T Boone Pickins at LSU........face it he is ours to keep unless he quits........FYI TAF is maxed out on funds..........
Posted by JPLSU1981
Baton Rouge
Member since Oct 2005
28365 posts
Posted on 11/22/09 at 3:55 pm to
We wouldn't owe him the full $15 mil unless he stayed unemployed for the remaining term of his LSU contract.

If he got another job, we'd only have to pay the difference between his guaranteed salary at LSU and his current salary (assuming his LSU salary was higher, of course).
This post was edited on 11/22/09 at 3:57 pm
Posted by Pilot Tiger
North Carolina
Member since Nov 2005
73875 posts
Posted on 11/22/09 at 3:56 pm to
first off, the money paid would be spread out. Secondly, I believe if he gains employment, the cost of paying him would be offset by this somewhat
Posted by SOCAL TIGER
SOCAL
Member since Jan 2005
11421 posts
Posted on 11/22/09 at 3:56 pm to
quote:

We wouldn't owe him the full $15 mil unless he stayed out of coaching.

If he got another job, we'd only have to pay the difference between his guaranteed salary at LSU and his current salary (assuming his LSU salary was higher, of course).


give us a number dollar wise........
Posted by drizztiger
Deal With it!
Member since Mar 2007
45705 posts
Posted on 11/22/09 at 3:56 pm to
There are about 15 threads on this topic.

LSU could also negotiate a lower buyout. This happens quite often.
Posted by someoldhussy
Candyland
Member since Jun 2007
2439 posts
Posted on 11/22/09 at 3:57 pm to
quote:

We wouldn't owe him the full $15 mil unless he stayed out of coaching.


This, plus he would be forced to make a good faith effort to find new employment. Also, we probably wouldn't have to pay a new coach as much as Miles is making until he actually wins something here.
Posted by spinoza
Member since Jan 2008
5543 posts
Posted on 11/22/09 at 3:57 pm to


"Certainly there is a want to have more money to get coach with better time management of the clock...


...and certainly there is a want to have a good go...and finish first in games..."




Posted by JPLSU1981
Baton Rouge
Member since Oct 2005
28365 posts
Posted on 11/22/09 at 3:58 pm to
I have to assume Miles could find a BCS job paying between $1 and $2 mil a year, so you can probably cut that$15mil owed to him in half, at the very least.

We'd probably end up paying $5 million and be done with it.
This post was edited on 11/22/09 at 3:58 pm
Posted by SOCAL TIGER
SOCAL
Member since Jan 2005
11421 posts
Posted on 11/22/09 at 3:58 pm to
quote:

believe if he gains employment, the cost of paying him would be offset by this somewhat


so if we fire him do you honestly think he would go to work as an assisatnt coach for peanuts when he has big guaranted money from LSU?
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