Wednesday, January 23, 2008

Eddie O Staying Close to Home

Coach O is staying close to home as he will be the defensive line coach at the New Orleans Saints. I think it will be interesting to see how Coach O makes it in the pros. Orgeron is full of energy and gives it all in everything he does, something not all NFL players are not. NFL players show up to play and everynow and then practice. I am glad to see Coach O land close to home back in Louisiana.

It was also reported the lawyers have worked out a buyout and Coach O will be receiving a $1.2 million lump sum payment. Evidently his agent requested a lump sum and this was the figure that was worked out between Boone and Ed's guys.


Here is the story from the Clarion Ledger:
OXFORD — Former Ole Miss coach football coach Ed Orgeron received a $1.2 million buyout from the school this month, athletic director Pete Boone said today.
Orgeron, 46, was hired today as the New Orleans Saints' defensive line coach.He was fired by Ole Miss on Nov. 24, one day after the Rebels lost 17-14 to Mississippi State, cementing their first winless Southeastern Conference record in 25 years.At that time, Boone said Orgeron stood to receive about $1.35 million through December of 2009.Today, however, Boone said Orgeron's attorneys requested the lump sum option and a deal was struck this month.When he was fired after winning just 10 games over three seasons, Orgeron had two years remaining on his $900,000 per year contract. The original buyout called for 75 percent of that total, or $675,000 each year, to be paid to Orgeron over the next two years.Terms of Orgeron's contract with the Saints were not available."I'm happy for him and wish him well," Boone said. "I think he'll do an excellent job with the Saints."