LSU announced on Wednesday that Les Miles will remain at the school as head coach of the football team, and that he will receive a raise and contract extension.
The new contract and raise comes a day after it was reported that Arkansas was heavily pursuing Miles to be their next head coach, offering him $27.5 million over five years. LSU Director of Athletics Joe Alleva confirmed that the interest from Arkansas played a role in the timing of the extension and raise.
“Our intent was to address his contract following this year’s bowl game, but speculation about other job opportunities accelerated our process a little,” Alleva said in a press release. “I think we have accomplished the important step of securing Les Miles as our head coach for the long-term good of the program.”
Miles confirmed in a news conference on Wednesday that he did speak with Arkansas.
“Our conversation were very preliminary and fell short of any major major interest,” Miles said. “I kind of recommended other candidates. I spoke with [athletic director Jeff Long]. I did not speak to Jerry Jones.”
Miles also said the reported $27.5 million figure Arkansas reportedly was offering him was incorrect.
“I’m an LSU head coach and will be an LSU head coach as long as I can be.”
Terms of the contract extension and pay raise are still being negotiated, and will be announced at a later date, the schools says.Google+