Coaches' Buyout clauses

Discussion in 'The Tiger's Den' started by LSUTiga, Jul 3, 2007.

  1. COTiger

    COTiger 2010 Bowl Pick 'Em Champ

    Thanks. That's what I thought.

    Oddly, everything I read said the buyout for UM was $1.5 million.

    Nice to know we have better info than Dilldeaux and his cohort's. :lol:
     
  2. LSUTyga73

    LSUTyga73 Football Connoisseur

    ESPN and College Football live still is reporting that Miles has a $1.25 Million contract buyout for Michigan. I would hope that the clause is still in place, I never heard that they changed it but I haven't been specifically been paying attention to his contract as well.
     
  3. COTiger

    COTiger 2010 Bowl Pick 'Em Champ

    It wouldn't be the first or last time that ESPN was wrong. :lol:
     
  4. LSUTyga73

    LSUTyga73 Football Connoisseur

    Thats what I'm thinking...
     
  5. TerryP

    TerryP Founding Member

    The right alum or two would simply stroke a check for that amount. I can't remember what Wies' buyout is, but it's big...CTT's is still at 7M, isn't it?
     
  6. LSUTyga73

    LSUTyga73 Football Connoisseur

    It wouldn't be too hard to find some Michigan fans ready to pony up some $$ to get rid of Carr.
     
  7. bhelmLSU

    bhelmLSU Founding Member Staff Member

    I guess I and a few others were wrong. Here is his actual contract. After he signed the new contract many sources reported that the buyout for UM was gone. If you read the bottom of page 10 and the top of page 20. He does have a 1.25M for UM and 500K for any other reason for leaving for another job.


    http://www.coacheshotseat.com/LSUCoachesHotSeat.pdf
     
  8. TerryP

    TerryP Founding Member

    ...and people wonder why it takes so long to get contracts finalized...extensive stuff there.
     
  9. COTiger

    COTiger 2010 Bowl Pick 'Em Champ

    Damn! That means Dilldeaux was right. :eek:
     
  10. LSUTiga

    LSUTiga TF Pubic Relations

    I was wrong too, my apologies to Alx Tgr for being a smart azz when I thought the answer was already posted.
     

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