Coming off his best season as a head coach, Ed Orgeron will officially get a nice new raise from LSU this year. According to a report from The Advocate, citing information gathered from the agenda for an upcoming board meeting, Orgeron is set to officially receive a two-year extension with a $4 million contract.
The new contract would extend Orgeron through the 2023 season and increase his buyout price tag to $10 million this year, with a reduction in buyout cost of $250,000 each month until it drops to $4 million in 2021.
Naturally, the new contract will come with plenty of incentives for Orgeron for various milestones and achievements during any season. The contracts for new assistant coaches will also be on the agenda for the board. It is expected the board will approve all football contracts on the agenda without hassle. These votes are merely formalities in many cases, including this one for LSU.
According to a database of coaching salaries compiled by USA Today last year, Orgeron was paid $3.5 million by LSU, which ranked him 36th among coaches active last season and 10th among SEC coaches. After coming off his third year as head coach of the program and with a contract that was set to expire in 2021, the time to work out a new deal feels about right for LSU and Orgeron. Tacking on two more years now provides job security and allows Orgeron and his staff to sell recruits on the commitment the program has in Orgeron moving forward for the bulk of their college football career in the years to come.
Since taking over as head coach following Les Miles, Orgeron has a record of 25-9 in the past three seasons in Baton Rouge. That is highlighted by a 2-1 bowl record that includes last season’s Fiesta Bowl victory over UCF. It is easily Orgeron’s best run as ahead coach in his career, which includes a 10-25 mark at Ole Miss and a brief 6-2 stint at USC before he left the program after learning he had no chance to become the next head coach of the Trojans.