New Contract & Buyout Details Released For Ed Orgeron & Bo Pelini

New contract details along with buyout information for head coach Ed Orgeron and new defensive coordinator Bo Pelini have been released by The Advocate.

Both contracts need to be approved by the LSU Board of Supervisors.

Here some of the basics and you can read the full report here.

-Ed Orgeron's new six-year contract expires Dec. 31, 2025.
-The contract is worth $41 million before bonuses.
-Buyout info:

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Orgeron's buyout equals out to 70% of the salary remaining on the entire contract. If LSU were to terminate Orgeron's contract in the first year, his buyout would be about $27 million; in the second year, about $21 million; in the third, $16.8 million; in the fourth, $12.6 million; in the fifth, $8.4 million; and in the final year, $4.2 million. Read more.

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-Bo Pelini's new three-year contract expires on March 31, 2023.
-The contract is worth $6.9 million before bonuses.
-Buyout info:

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Pelini's buyout equals out to the total amount of base salary and compensation left in his contract. If he's fired without cause in his first year, LSU would owe him about $6.9 million; if he's fired without cause in his second year, about $4.6 million; and his buyout would be about $2.3 million in his final year.

If Pelini leaves LSU for any Division I head coaching position or any coaching position in the NFL, he will not owe any payments to LSU. Read more.

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