Record money numbers
BATON ROUGE - The LSU Board of Supervisors will likely set a record today. Contracts worth in the neighborhood of $4.8 million are expected to be approved for football coach Les Miles and new basketball coach Trent Johnson at the board's monthy meetings this afternoon.
Miles, who made $1.8 million last season, will be making $3.751 million a year this fiscal year beginning on July 1 based on bonus clauses in his original contract from 2005. Since Miles' Tigers won the national championship in 2007, his contract dictates that he must be at least the third highest paid college football coach in the country.
Notre Dame coach Charlie Weis is the highest paid college coach in the country at $4.2 million a year, according to the CoachesHotSeat.com website. USC coach Pete Carroll is No. 2 at $3.8 million. Alabama coach Nick Saban was third at $3.75 million a year, but Miles was bumped $1,000 more than that for the No. 3 slot.
The board is also expected to approve Johnson's contract, which is expected to pay him in the neighborhood of $1.2 million a year. Johnson was making between $500,000 and $600,000 as Stanford's coach.
New athletic director Joe Alleva's contract, which will pay him in the neighborhood of $500,000, should also be approved.
The bumped contract will cap off quite a month for Miles, who visited the White House on April 7 as his team was honored by President Bush for winning the national championship. On Monday, Miles had dinner with Bush and about 150 other people, including Governor Bobby Jindal, Saints quarterback Drew Brees and Hornets point guard Chris Paul, at Commander's Palace in New Orleans as Bush visited New Orleans and Baton Rouge.
"I really enjoyed it," said Miles, who spoke briefly with Bush. "And the bread pudding was outstanding."
Miles, who made $1.8 million last season, will be making $3.751 million a year this fiscal year beginning on July 1 based on bonus clauses in his original contract from 2005. Since Miles' Tigers won the national championship in 2007, his contract dictates that he must be at least the third highest paid college football coach in the country.
Notre Dame coach Charlie Weis is the highest paid college coach in the country at $4.2 million a year, according to the CoachesHotSeat.com website. USC coach Pete Carroll is No. 2 at $3.8 million. Alabama coach Nick Saban was third at $3.75 million a year, but Miles was bumped $1,000 more than that for the No. 3 slot.
The board is also expected to approve Johnson's contract, which is expected to pay him in the neighborhood of $1.2 million a year. Johnson was making between $500,000 and $600,000 as Stanford's coach.
New athletic director Joe Alleva's contract, which will pay him in the neighborhood of $500,000, should also be approved.
The bumped contract will cap off quite a month for Miles, who visited the White House on April 7 as his team was honored by President Bush for winning the national championship. On Monday, Miles had dinner with Bush and about 150 other people, including Governor Bobby Jindal, Saints quarterback Drew Brees and Hornets point guard Chris Paul, at Commander's Palace in New Orleans as Bush visited New Orleans and Baton Rouge.
"I really enjoyed it," said Miles, who spoke briefly with Bush. "And the bread pudding was outstanding."
posted by Glenn Guilbeau at 8:42 AM
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