Getty ImagesAs was promised late last year, LSU coach Les Miles is getting a little more green to chew on. So to speak.
The university announced in a release on Thursday that Miles would be the recipient of an annual raise totaling over $500,0000 and a two-year extension from 2017 to 2019. In all, Miles will receive $4.3 million per year for seven years (he was previously paid $3.751 million in school pay).
The amendment states that LSU “will pay $150,000 each year of the agreement into an account owned and controlled by LSU. Miles can collect the funds in the account totaling $750,000 after serving the first five years of the contract. He can collect the final $300,000 in the account if he serves the final two years of the contract.”
The amendment to Miles’ contract would be effective on Jan. 1 and is merely pending approval next month from LSU’s Board of Supervisors.
“Les Miles is one of the most successful coaches in America and he has the LSU program in position to compete for championships each and every year in the most dominant football conference in the country,” athletic director Joe Alleva said. “He recruits at an elite level, his players graduate and he is a respected member of the community. We are proud he will lead the LSU football program for the long-term future.”
According to this USA Today database, the raise would make Miles the fourth-highest-paid head coach in the country, behind Nick Saban, Mack Brown and Bob Stoops.
Miles was reportedly a target in Arkansas’ coaching search when it was clear that John L. Smith would not be retained beyond 2012. The LSU coach confirmed that he had engaged in preliminary discussions with UA, but denied that there was a five-year, $27.5 million offer on the table from the Razorbacks.
Either way, Miles received a nice little bump in pay from it.
This guy gets a lot of criticism, but there aren’t many programs who wouldn’t love to have his record at LSU. Pay the man, he deserves it.
Overrated coach who has terrible clock management skills
They’ll buy him out before 2019. I’d be surprised if he stayed there until then.
Exactly Norm!!
Les is one of the top coaches in the SEC,every season he stays in the top 10 rankings and what more can a school ask for.Give the mad hatter a greener pasture to chew whenever he feels so.IMO Les is a top notch coach and will be there as long as they keep winning as they do.
As expected, good to see it. Les is the best we ever had in the first eight years and will soon be the best we ever had. Winning percentage of about 80 percent.
Now to see about $1 million going out to the best college OC out there, and maybe a contractural agreement for Les not being in his ear during the game, and I think we will have another NC.
Don’t get me wrong, I love Les and want him to be there (like southernpatriots says) until he retires. But we need an OC and not one that is the OL coach. One who is independent and can have a consistent offensive philosophy and play calling.
Hey cfbt.com can we get the story about James coley accepting Miami offer already?
scalpemseminoles says:
Jan 24, 2013 12:27 PM
They’ll buy him out before 2019. I’d be surprised if he stayed there until then.
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Bet he lasts longer than Jimbo, especially if Jimbo loses clunkers at home against Gators like this year.
mudhead123 says:
Jan 24, 2013 12:22 PM
Overrated coach who has terrible clock management skills
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Yawn. Don’t forget about that 85-21 record.
Who’s your team?
Me, too!
foreverlsu says:
Bet he lasts longer than Jimbo, especially if Jimbo loses clunkers at home against Gators like this year.
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Amen. Glad that coach in waiting fad went away. Seems none of the schools that have tried that crap have had it work out for the best.
foreverlsu says:
Jan 24, 2013 1:22 PM
scalpemseminoles says:
Jan 24, 2013 12:27 PM
They’ll buy him out before 2019. I’d be surprised if he stayed there until then.
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Bet he lasts longer than Jimbo, especially if Jimbo loses clunkers at home against Gators like this year.
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As opposed to lsu losing on the road to the gators? the same lsu team who couldn’t hang a touchdown on the gators? and who (lol) lost to clemson? Jimbo got lsu rings as oc, don’t forget, moron.
Let’s hope for Les’ sake he can manage his millions of dollars better than he manages a game clock.
scalpemseminoles says:
As opposed to lsu losing on the road to the gators? the same lsu team who couldn’t hang a touchdown on the gators? and who (lol) lost to clemson? Jimbo got lsu rings as oc, don’t forget, moron.
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exactly! LSU lost on the road, not at home. At least LSU didn’t lose to a NC State, a team that Tennesee beat.
Jimbo was not the OC when LSU won it in 2007, that would be Gary Crowton. …moron!
Congrats to Clemson for being the first ACC team to beat LSU …for the first time in 20 games!
brutusbuckeye2011 says:
Jan 24, 2013 3:03 PM
Let’s hope for Les’ sake he can manage his millions of dollars better than he manages a game clock.
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Yep, no game clock issues in blowout of Buckeyes, Brutus.
Congrats to Les and the family. Finally can get off the food stamps and quit eating grass as your main snack. Live it up Les.
Forever LSU 3
Idiots 0
Memo to CFB fans: the transitive property doesn’t work when debating who could beat who based on common opponents.
It’s about wins and losses and Les wins games in the toughest division in college football. He is a great recruiter & has essentially built a fence around Louisiana. With that said, he does leave you scratching your head sometimes with some of his in game decision making, especially when it comes to clock management.
Les Miles biggest problem is the best college coach since Bear Bryant is in the same division as him.
@ foreverlsu:
Good one!!! FYI! I actually like LSU football and Les Miles.
foreverlsu wrote: Jan 24, 2013 1:26 PM
mudhead123 says:
Jan 24, 2013 12:22 PM
Overrated coach who has terrible clock management skills
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Yawn. Don’t forget about that 85-21 record.
Who’s your team?
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Foreverlsu, if you read his moniker, it’s obvious, it’s the South Central Louisiana State University Mud Dogs.
Just don’t ask who his favorite player is.
That would be Mud Bugs, Amos.
You should know better.
*SEC coach (and SEC NFL draftee’s) look at their agent after being offered tens of millions of $$$ and says:*
“Is that a lot?”
You took that one well, Brutus. I enjoyed visiting with Ohio State fans in New Orleans. Good luck to the Buckeyes in 2013.