Report: Details Of Les Miles’ Contract Buyout Emerge
by Staff Reporter
September 27, 201617 Comments
Crystal LoGiudice-USA TODAY Sports
According to The Advocate, Les Miles' contract buyout is roughly $9.6 millions and will be paid by LSU over six years.
quote:
The cost to buy out the rest of Miles’ contract will run LSU roughly $9.6 million, a source told The Advocate. That amount is payable over six years.
Miles’ buyout is listed in his contract at $12.9 million, but that amount is reduced by what Miles has already been paid in salary this year. Miles earned $4.35 million per year in total compensation at LSU — or roughly $3.3 million so far in 2016.
The buyout could be further reduced if Miles gets any other job in or out of coaching. Miles said Monday on "The Dan Patrick Show" that he would like to coach again.
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Originally published on TigerDroppings.com
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