The Cost of Firing Him

The cultural fit narrative is the dumbest and laziest take ever regurgitated, and even Louisiana sports writers say it.

Saban
Miles
Bertman
Paul Maineri
Jay Johnson

All have something in common

They came to LSU from nowhere near Louisiana and busted their asses. And due to their efforts, busting their asses, they won and won big!!

THAT'S what makes someone a fit at LSU and any other narrative about cultural fit is idiotic and proven to be so. See above.

was going to wait and say this on the Podcast, but you brought it up, so....

Jared Mitchell was on the radio with Hester yesterday.
and he described "fit" perfectly.

it has nothing to do with where you were born, or where you coached previously.
it's a mindset or mentality.
you have to be "All in - All the time"
Fans here demand that coaches put as much passion and effort into LSU as they do. PERIOD. nothing less than that is acceptable.

Mitchell said something along the lines of "when you drive through campus in the middle of football season and the BASEBALL coach's car is in the parking lot but the football coach's isn't, that's pretty telling"

and Hester added about LSU football is supposed to be tough and gritty. When you travel to Death Valley, you know you're going into a bar fight.

J-Mitch said you don't have to be that when you show up. But you figure it the hell out and become that, or you're gone.
Kelly never embraced that part of it. so he didn't work out.
 
Winning cures all ills. If we were in playoffs every year nobody would care that he’s a Richard and a carpetbagger with an extremely short fuse.
 
He would re-hire Miles tomorrow
Brian Kelly was 5-11 against ranked opponents at LSU
Les Miles was 42-24 against ranked opponents at LSU (with the losses happening at a faster clip in his last 2.5 years with us)

I would not re-hire Miles tomorrow, but neither Ed Orgeron nor Brian Kelly could touch his jock strap.
 
Brian Kelly was 5-11 against ranked opponents at LSU
Les Miles was 42-24 against ranked opponents at LSU (with the losses happening at a faster clip in his last 2.5 years with us)

I would not re-hire Miles tomorrow, but neither Ed Orgeron nor Brian Kelly could touch his jock strap.
It was a different era without NIL. Kids committed to a school, a culture and the personality of the coaches, and the ability to get coached to the NFL.

Today its about the money, and I don't think BK adjusted to that quick enough. Otherwise we might still have Lance Heard playing left tackle for us instead of starting for Tenn, and god knows we need help at the tackle spot.
 
It was a different era without NIL. Kids committed to a school, a culture and the personality of the coaches, and the ability to get coached to the NFL.

Today its about the money, and I don't think BK adjusted to that quick enough. Otherwise we might still have Lance Heard playing left tackle for us instead of starting for Tenn, and god knows we need help at the tackle spot.

we weren't keeping Heard.
he wanted to play Left tackle instead of Right.
and he wasn't beating out Will Campbell for that spot the last 2 years.
 
so all that stuff about violating the morality clause was just wishful thinking
 
so all that stuff about violating the morality clause was just wishful thinking
Yes, he would have had to be terminated for violating that clause for the forfeiture of the buyout to apply. Once he was fired without cause, that issue became moot even if he had committed terminable offenses.
 
we weren't keeping Heard.
he wanted to play Left tackle instead of Right.
and he wasn't beating out Will Campbell for that spot the last 2 years.
He sat behind Campbell and Jones his freshman year. Then he wanted to get paid and play left tackle. I think BK had a chance to keep him. Campbell would be gone after Heard's soph year, that was obvious. If we had paid him what he was worth on the open market, he could have started for LSU for two years, his Jr. and Sr. If he was so good after his Jr. year he could have gone pro. It is possible that he would have left if he felt he had to have the playing time, but I think BK's old school attitude that the university held all the power, he didn't try hard enough to keep Heard and just let him go. After that BK got on the stick with the collective, made a big contribution, realized he had to pay to keep the talent. Heard taught BK a lesson. And look where we are now, starting redshirt freshmen and they are running around us.
 
so all that stuff about violating the morality clause was just wishful thinking
  • LSU is trying to wait until Kelly takes another well paying job in football so they can subtract whatever he then makes from what they owe him now.

  • Kelly and his lawyers are trying to get LSU on record to say they owe him the full balance of the contract and possibly try to sue LSU to get the payout up front, which would allow Kelly to not only get the full balance of the contract but then allow him to go get another job where LSU might not be able to deduct his salary from.
 
Below is from an Excel spreadsheet, using their NPV function, Net Present Value. Given a series of payments in the future, you give the function an interest rate that you want the payments "discounted" at, you give the series of payments, and the function will tell you how much the value of payments is worth in a lump sum payment today, at the interest rate you put in.

Here is the Excel built in function statement I used. =NPV(+C1,+C2,+C2,+C2,+C2,+C2,+C2)

So, discounting six annual payments of 9.6 million per year (not 800K monthly, too many numbers to input), it is worth 47 million and change if you think you can earn 6% per year for the next six years.

If BK thinks he could earn 8% a year, the NPV is 44 million today as a lump sum payment.

So 30 mil. is very low based just on NPV. The difference between 44 mil (based on NPV only) and 30 mil (LSU offer BK rejected) is 14 mil. I would say if BK thinks he can earn more than 14 mil in the next 6 years as a coach or in the booth, he should take the 30 mil. Without a firm offer in hand, there is no way BK can be CONFIDENT of earning 14 mil in 6 years (2.3 mil a year). That's the problem. I would take 44 mil, the present value of the 54 mil over 6 years at 8% and take a chance on the stock market to beat the 8% and come out with more than 54 mil.

NPV.JPG
 
I think the contract defines how much is to be paid and when. Don't think there is a way for Kelly to get accelerated payments.
 
I think the contract defines how much is to be paid and when. Don't think there is a way for Kelly to get accelerated payments.
That is why LSU wants to negotiate. They would apparently like BK to take a settlement at a lower price if he takes the money up front in a lump sum. The question is "how much". It is not hard to figure out what the time value of money is, I showed it two posts above. Depending on the interest rate you use, it's roughly between 44 and 47 mil today. LSU also has on their side releasing BK from the duty to mitigate, and BK would have to buy out that obligation he has to LSU. The question is, how much is that worth to BK? I would say the figure is lower than 44 mil and greater than 30 mil (which BK has already rejected according to reports), for a clean split with BK having no obligation to report anything to LSU.

LSU tried to low ball BK but he's not that dumb, and he probably has an accountant and a lawyer and they are not going to be low balled. So BK said, hey, you owe me the whole thing, in monthly installments.
 
He sat behind Campbell and Jones his freshman year. Then he wanted to get paid and play left tackle. I think BK had a chance to keep him.

get paid while playing the position you want to play and the one your project to play in NFL. Start for Soph and Jr years, then get drafted high with 2 years of film on you.

or

get paid to play out of position as a soph. Then more than likely have to stay as a Sr to prove your draft worth. Get to NFL a year later than you’d like.

he was leaving.
we said it at the time he left. it wasn’t just money.
it was money AND playing time at his desired position.

we could only offer one of those.
Tennessee offered both.
 
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