Letter: NC State Looking Into Potential Legal Claims Against LSU Tied to Coach WIll Wade's Exit
NC State says LSU may have helped Wade avoid a larger buyout and is examining possible violations of North Carolina law.
- North Carolina State University is investigating whether Louisiana State University improperly induced basketball coach Will Wade to break his contract and return to Baton Rouge, according to letters between the schools obtained by WRAL News.
- Coach Wade's contract included a $5 million buyout if he left before April 1, which would have dropped to $3 million afterward; NC State and the coach ultimately negotiated a $4 million buyout.
- State General Counsel Allison B. Newhart alleges LSU induced the coach to breach his agreement to avoid higher liquidation damages, prompting an investigation into potential violations of the Unfair and Deceptive Trade Practices Act.
- On June 4, State responded to a proposed settlement by refusing to release The Tigers from liability, stating it is investigating whether LSU interfered with the timing of termination to result in lower damages.
- Wade returned to Baton Rouge after coaching at McNeese State, reuniting with LSU president Wade Rousse, who held the same position at McNeese before taking over at the university last year.
25 Articles
25 Articles
Letter details NC State’s reasoning behind its investigation of LSU over Will Wade pursuit
Why NC State is investigating LSU regarding its pursuit of men’s basketball coach Will Wade months after his departure. The Tigers’ coach returned to the program that fired him four years ago on March 26.
The Toronto Star
sfntoday.comLetter: NC State looking into potential legal claims against LSU tied to coach WIll Wade’s exit
RALEIGH, N.C. (AP) — N.C. State is investigating potential legal claims against LSU tied to men’s basketball coach Will Wade leaving for a second stint coaching the Tigers. That includes
Rutland Herald
Letter: NC State looking into potential legal claims against LSU tied to coach WIll Wade's exit
RALEIGH, N.C. (AP) — N.C. State is investigating potential legal claims against LSU tied to men’s basketball coach Will Wade leaving for a second stint coaching the Tigers. That includes whether LSU violated a North Carolina state law.
NC State Investigating Potential Legal Claims Against LSU Over Will Wade Exit
N.C. State is investigating potential legal claims against LSU tied to men’s basketball coach Will Wade leaving for a second stint coaching the Tigers. That includes whether LSU violated a North Carolina state law.N.C. State vice chancellor and general counsel Allison B. Newhart wrote to LSU counterpart Carlton Jones last week about the matter, a development first reported by WRAL in Raleigh. The letter was later obtained by The Associated Press…
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