Brian Kelly Revisited (RIP BOZO)

[Dale]

Even if they find cause they would have to somehow prove they didn’t actually fire him weeks ago

 

[ab2cmiller]

Even if they find cause they would have to somehow prove they didn’t actually fire him weeks ago

We didn't really fire him

We just:

Held a press conference announcing his firing
Held press conferences regarding the new coach search
Never clarified to anyone over a 2 week period that BK was never actually fired.
Locked BK out of the building
Had BK clear his office.

Quoting Woody from Cheers - "It was all very simple and believable"

 

[RudyVerse]

Feel like that dancing video with him grinding on #6 was cause enough tbh.

 

[IrishLax]

Auburn, LSU, etc. deserve to fail. It's weird how the only SEC schools with a veneer of professionalism are Texas, Bama, Georgia and maybe Vandy. Everyone else just does wackadoodle stuff and hopes for the best.

 

[forkbeard3777]

Auburn, LSU, etc. deserve to fail. It's weird how the only SEC schools with a veneer of professionalism are Texas, Bama, Georgia and maybe Vandy. Everyone else just does wackadoodle stuff and hopes for the best.

 

[#1rish]

I hate BK but LSU should just friggin pay him. Why put that buyout in if you’re just going try to weasel out of it?

 

[forkbeard3777]

The moronic governor, Landry, tries his best to imitate Trump's actions and persona. In reality, he's just a dumbass from St. Martin Parish and UL-L that shouldn't be getting involved. He also should realize that, unless LSU has some sort of ace in its back pocket that no one is aware of, they have no leverage in this situation.

If you truly want a settlement/buyout, you're going to have to come heavier than $30 million.

I haven't read his contract, and I'm not an attorney, but I presume it has an attorney's fees provision. As someone else mentioned, it's possible that LSU will have to pay the buyout, its legal fees, and Kelly's legal fees.

 

[forkbeard3777]

I hate BK but LSU should just friggin pay him. Why put that buyout in if you’re just going try to weasel out of it?

The circus clown show will likely scare off potential coaching candidates.

 

[forkbeard3777]

All that said, I would have LOVED to have been present to witness Kelly pull up to the football ops building and attempt to gain access to the building only to find that his key card access had been denied/didn't work.

 

[BrianWalsh]

These attorneys probably work for LSU and get paid regardless of what "work" they're doing. So what's the gambit for LSU? Their attorneys are sunk costs, Kelly's are not. LSU dares Kelly to drag them into court, win a full settlement and pay his attorneys $20M while he ends up with $34M. So LSU comes to him and his attorneys and says "Why don't you just take $35M?" Kelly gets $34M, the attorneys get $1M for writing a letter.

 

[Wild Bill]

This feels like something that should get done in the mid to high 30s...$40 million at most. Fair value for a lump sum is in the mid 40s. Kelly can't possibly believe they'll pay that - gives him the benefit of cash now/eliminating the mitgation clause, and LSU gets shit in return. They're better off paying him over time and monitoring him.

 

[Wild Bill]

These attorneys probably work for LSU and get paid regardless of what "work" they're doing. So what's the gambit for LSU? Their attorneys are sunk costs, Kelly's are not. LSU dares Kelly to drag them into court, win a full settlement and pay his attorneys $20M while he ends up with $34M. So LSU comes to him and his attorneys and says "Why don't you just take $35M?" Kelly gets $34M, the attorneys get $1M for writing a letter.

Kelly, the clowns running LSU, and a pack of greedy attorneys - you could make a case that Kelly is the least unlikeable person in the whole mess. Never thought I’d be typing that sentence here.

 

[IrishSteelhead]

Dream scenario:

1. LSU has pay more then the original amount when this is over

2. BK loses all the money in a Ponzi scheme a year later


Sent from my iPhone using Tapatalk

 

[ab2cmiller]

These attorneys probably work for LSU and get paid regardless of what "work" they're doing. So what's the gambit for LSU? Their attorneys are sunk costs, Kelly's are not. LSU dares Kelly to drag them into court, win a full settlement and pay his attorneys $20M while he ends up with $34M. So LSU comes to him and his attorneys and says "Why don't you just take $35M?" Kelly gets $34M, the attorneys get $1M for writing a letter.

I suppose that LSU could have attorneys on staff.

Even if you had attorneys on staff, there is ZERO chance that they would be given the responsibility of handling a case where 50 million dollars is on the line.

 

[Dale]

 

[Irish#1]

Auburn, LSU, etc. deserve to fail. It's weird how the only SEC schools with a veneer of professionalism are Texas, Bama, Georgia and maybe Vandy. Everyone else just does wackadoodle stuff and hopes for the best.

Never thought I could yell Bingo with wackadoodle on my card.

 

[Bantry19]

I suppose that LSU could have attorneys on staff.

Even if you had attorneys on staff, there is ZERO chance that they would be given the responsibility of handling a case where 50 million dollars is on the line.

Idk with the way this has gone thus far…

 

[BrianWalsh]

I suppose that LSU could have attorneys on staff.

Even if you had attorneys on staff, there is ZERO chance that they would be given the responsibility of handling a case where 50 million dollars is on the line.

Even if they had to go state level attorneys, I'd still say it's worth it to use them. Worst case, you owe him the buy-out, best case you call his bluff. But if you're paying the attorneys on staff one way or the other, why not? LSU/Louisiana has nothing to lose. Kelly has a lot of money to lose--even if he were to win a case, a portion goes to attorneys--were the case to go to trial. I don't care if the attorneys opposed to him are clowns, his attorneys are still going to gouge him.

And perhaps if it went to court, LSU would then call on outside counsel if needed.

 

[Huntr]

They offered him $25m then $30m, out of a $54-58m buyout.

Those aren't serious offers.


They need to start at like $42m, and hope they don't get past $47m before he accepts.

Told ya.

LouisianaSports.net has learned that Kelly’s representatives countered LSU with a $43 million offer which LSU rejected.

 

[BrianWalsh]

Told ya.

Except that saying those aren't serious numbers isn't serious. We're talking about a potential lump sum--PV is always less than FV--plus a discount for, possibly, keeping certain unflattering information within the bounds of a NDA, which is worth a bit more. End of the day, $30M is 55% of the purported total value. Even looking strictly at one annual payment for each of the next seven years with a 5% discount rate, the PVofA is $44.6MM. Now that's not factoring anything else--the school's opportunity cost, perhaps the damaging evidence they have which might actually allow to significantly decrease their liability, etc. Perhaps $30M wasn't prudent but $38-40M wouldn't have been out-of-bounds in my opinion.

 

[Jimmy3Putt]

Dream scenario:

1. LSU has pay more then the original amount when this is over

2. BK loses all the money in a Ponzi scheme a year later to me.


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FTFY

 

[Redbar]

Feel like that dancing video with him grinding on #6 was cause enough tbh.

With heat like this I’m going to have to go look up your other 7 posts. Keep it coming!

 

[forkbeard3777]

I suppose that LSU could have attorneys on staff.

Even if you had attorneys on staff, there is ZERO chance that they would be given the responsibility of handling a case where 50 million dollars is on the line.

They have a General Counsel's office (I believe all schools do), but I believe in matters like this, they'd farm it out to outside counsel (I believe Phelps Dunbar or Kean Miller)?

 

[NorthDakota]

They have a General Counsel's office (I believe all schools do), but I believe in matters like this, they'd farm it out to outside counsel (I believe Phelps Dunbar or Kean Miller)?

Could let the attorney general's office handle it but I would guess they farm it out

 

[forkbeard3777]

BK got counsel from Skadden in NY (with local counsel from NOLA). We have Skadden (Houston) help us on some transactional matters.
LSU is likely fucked.

 

[GATTACA!]

Sounds like LSU needs some Saudi blood money.

 

[Redbar]

They have a General Counsel's office (I believe all schools do), but I believe in matters like this, they'd farm it out to outside counsel (I believe Phelps Dunbar or Kean Miller)?

They have a brand new General Counsel’s office. Governor apparently got involved in two cases involving tenured LSU law school professors and political comments they made. (I know one of them has filed a suit on First amendment grounds). Around this time there were calls to remove general counsel as a DEI hire. After five years on the job the general counsel tendered his resignation likely under pressure from governors office. I dunno, sounds like Landry is desperate for a the president’s affection and like’s to insert himself in some things that are likely beneath the office.

 

[Hautian Domer]

Obviously don't care for BK, but in this case I hope he wins. They offered him the money and fired him with a winning percentage north of .700. They better have to pay every single penny.

I never hope that fat fuck wins … the way he left Notre Dame and tarnished her name on the way out … we don't have the environment or the resources to compete for championships… he wanted a new challenge, despite never being inning anything of note.

He could have left with dignity, with class. But, no… He intentionally and purposefully took shots at Notre Dame on the way out. He tried to push the blame on Notre Dame for his lack of championship caliber success all the while, it was solely on him. Look what his successor has done… A first time coach has rallied and resurrected the program to levels he never could achieve or attain. Freeman is fighting for another playoff birth, while Kelly, the loser, was fired before even getting into the month of November

 

[Bane]

Even if they had to go state level attorneys, I'd still say it's worth it to use them. Worst case, you owe him the buy-out, best case you call his bluff. But if you're paying the attorneys on staff one way or the other, why not? LSU/Louisiana has nothing to lose. Kelly has a lot of money to lose--even if he were to win a case, a portion goes to attorneys--were the case to go to trial. I don't care if the attorneys opposed to him are clowns, his attorneys are still going to gouge him.

And perhaps if it went to court, LSU would then call on outside counsel if needed.

What LSU has to lose is the fact this will affect their ability attract big name coaches for some time after they see that the school will try to fuck you out of your buyout when they fire you 3.5 years into your megadeal. Why would a coach with other, comparable options, go to LSU when one day the governor could step in and fire you and then have the school turn around try to pay you less than half of your buyout?

 

[Bane]

I never hope that fat fuck wins … the way he left Notre Dame and tarnished her name on the way out … we don't have the environment or the resources to compete for championships… he wanted a new challenge, despite never being inning anything of note.

He could have left with dignity, with class. But, no… He intentionally and purposefully took shots at Notre Dame on the way out. He tried to push the blame on Notre Dame for his lack of championship caliber success all the while, it was solely on him. Look what his successor has done… A first time coach has rallied and resurrected the program to levels he never could achieve or attain. Freeman is fighting for another playoff birth, while Kelly, the loser, was fired before even getting into the month of November

Yeah, but he didn't hold a gun to LSU's head and make them offer him such a stupid deal. They did that on their own, and were quite proud of it might I add. Their stupidity should be punished. Now they're trying to play games and invent cause after the fact, they have truly made BK into the good guy here and I resent them for that. I'm glad they lost to Bama (no offense Forkbeard).