Normally a flirtation with another school that’s not consummated results in the head coach receiving some additional years on his contract and a pay raise to reward him for his “loyalty”.
Les Miles, though, walks a different, more far-flung path than most humans.
Or, as Emmy-award winner Darren Rovell of CNBC put it on Twitter, “Congrats to Les Miles, the 1st coach to talk to another school, stay at original school & not get a pay raise.”
Following conversations with Michigan regarding their vacancy, Miles opted to remain at LSU. For that, Miles and the school have reached agreement on a new contract that will run through the 2017 season. His old deal was set to run through 2014.
The kicker, though, is that Miles did not receive a pay raise as part of the new/extended deal. It’s not like Miles will be applying for food stamps at any point in the near future, however, as he’s still scheduled to make $3.751 million. That number made him the sixth-highest paid head coach in college football in 2010.
Although it doesn’t include a pay raise, the new deal will include, the Baton Rouge Advocate writes, “enhanced opportunities” for additional compensation based on championships and postseason accomplishments.