Latest news with #EdOrgeron
Yahoo
3 hours ago
- Politics
- Yahoo
Louisiana Supreme Court: Ex-wife of former LSU coach gets $8.13M in settlement
BATON ROUGE, La. (Louisiana First) — Former LSU head coach 'Ed' Orgeron's ex-wife was awarded $8.13 million of Orgeron's settlement with the university. The Louisiana Supreme Court ruled in favor of Kelly Orgeron. She sued to claim a portion of Orgeron's $16.9 million settlement after his contract with LSU was terminated without cause in 2021. She argued that the terms of the settlement were made during their marriage, making it community property. In Louisiana, community property refers to assets acquired during a marriage and is owned equally by both spouses. In the event of a divorce or the death of a spouse, the property is divided. The Court emphasized that the binding term sheet and employment agreement were in effect as of January 14, 2020, before the divorce filing. Orgeron filed a request with LSU to alter the effective date of the Binding Contract from Jan. 14, 2020, to April 23, 2020. The Court viewed this as 'an audacious, nearly fraudulent attempt to move the effective contract date away from that which had been created and existed during the community property regime.' Kelly will be given $8,134,500, or half of Orgeron's settlement. Read the full opinion below. Orgeron-LawsuitDownload Man with prior human smuggling arrest accused of impersonating ICE agent: police Karen Read gets movie deal for murder trial adaptation: Reports Senate blocks Iran war powers resolution Gavin Newsom suing Fox News for $787 million 6 Americans detained in South Korea for trying to send rice and Bibles to North Korea by sea Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
7 hours ago
- Business
- Yahoo
Louisiana Supreme Court awards Ed Orgeron's ex-wife $8 million in dispute over former LSU coach's buyout
The Louisiana Supreme Court ruled Friday that former LSU coach Ed Orgeron owes his ex-wife Kelly nearly half of the buyout he received from the school. In a 5-2 ruling, the court said Kelly Orgeron should receive $8.13 million from the buyout since the two were married when Ed signed his contract extension with LSU in January 2020. Orgeron was rewarded with a new contract just after the Tigers went undefeated throughout the 2019 college football season and won the College Football Playoff. Advertisement Ed Orgeron filed for divorce six weeks after he signed the extension, though the contract was not officially approved by the school's board until divorce proceedings had begun. Orgeron received nearly $17 million from the school when he was fired. The supreme court's decision reversed a 2024 lower court ruling in favor of the coach. Three judges who ruled on the case were temporary replacements because of recusals. 'The lower courts failed to recognize that even if the employment agreement could be considered a 'new' obligation rather than a fulfillment of the requirements of the binding term sheet, because it was made effective during the existence of the community, the contract is a community asset in which both husband and wife have an interest,' Judge Jefferson Hughes wrote for the majority in the ruling. 'Property acquired during the community is presumed to be community property.' Orgeron became LSU's coach during the 2016 season after Les Miles was fired and led the Tigers to a 6-2 record after taking over. After 19 wins over the 2017 and 2018 seasons, LSU went 15-0 in 2019 with an offense led by Joe Burrow, Ja'Marr Chase, Justin Jefferson and Clyde Edwards-Helaire that scored more than 48 points per game. Burrow won the Heisman after the Tigers dismantled Georgia 37-10 in the SEC championship game. The Tigers had five first-round picks in the 2020 NFL Draft and 14 overall, but things quickly went downhill for LSU after that season. The Tigers went just 5-5 in the pandemic-shortened 2020 season and then 6-6 in 2021 as the school announced midseason that Orgeron would not return for 2022 after a 3-3 start. Since he was fired at LSU, Orgeron has not held a formal college football coaching role.
Yahoo
11 hours ago
- Business
- Yahoo
Louisiana Supreme Court awards Ed Orgeron's ex-wife $8 million in dispute over former LSU coach's buyout
The Louisiana Supreme Court ruled Friday that former LSU coach Ed Orgeron owes his ex-wife Kelly nearly half of the buyout he received from the school. In a 5-2 ruling, the court said Kelly Orgeron should receive $8.13 million from the buyout since the two were married when Ed signed his contract extension with LSU in January 2020. Orgeron was rewarded with a new contract just after the Tigers went undefeated throughout the 2019 college football season and won the College Football Playoff. Advertisement Ed Orgeron filed for divorce six weeks after he signed the extension, though the contract was not officially approved by the school's board until divorce proceedings had begun. Orgeron received nearly $17 million from the school when he was fired. The supreme court's decision reversed a 2024 lower court ruling in favor of the coach. Three judges who ruled on the case were temporary replacements because of recusals. 'The lower courts failed to recognize that even if the employment agreement could be considered a 'new' obligation rather than a fulfillment of the requirements of the binding term sheet, because it was made effective during the existence of the community, the contract is a community asset in which both husband and wife have an interest,' Judge Jefferson Hughes wrote for the majority in the ruling. 'Property acquired during the community is presumed to be community property.' Orgeron became LSU's coach during the 2016 season after Les Miles was fired and led the Tigers to a 6-2 record after taking over. After 19 wins over the 2017 and 2018 seasons, LSU went 15-0 in 2019 with an offense led by Joe Burrow, Ja'Marr Chase, Justin Jefferson and Clyde Edwards-Helaire that scored over 48 points per game. Burrow won the Heisman after the Tigers dismantled Georgia 37-10 in the SEC championship game. Things went downhill after that season, however, after the Tigers had five first-round picks in the 2020 NFL Draft and 14 overall. LSU was just 5-5 in the pandemic-shortened 2020 season and went 6-6 in 2021 as the school announced midseason that Orgeron would not return for 2022 after a 3-3 start. Since he was fired at LSU, Orgeron has not held a formal college football coaching role.
