LSU, Les Miles agree on final settlement

Chris Miller
November 15, 2018 - 3:08 pm

John Reed, USA TODAY Sports

Les Miles and LSU have agreed on a $1.5 million payment to settle the remainder of his contract, the university announced today. The agreement should save the school $5 million that it would have been obligated to pay out through 2023. 

Athletics director Joe Alleva and Miles' representatives had been working out a deal over the past several days, according to the school.

"It’s time for both parties to move forward," said Alleva. "One of the challenges of the buyout that was in place was there just wasn’t a lot of incentive to move on to other things. We were looking to provide that and Coach Miles and his representatives also were ready. It was a mutually agreed upon goal and a very positive process from beginning to end."

LSU says the settlement was fully executed today.

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