LSU fired head coach Les Miles and offensive coordinator Cam Cameron on Sunday.
The Tigers now must pay a significant buyout to Miles, who coached for 12 years in Baton Rogue. According to a report from USA Today in the midst a controversy surrounding Miles’ job security late last season, the buyout number for a firing in 2016 is believed to be $12.9 million.
According to The Advocate’s Ross Dellenger, who first reported the firing of Les Miles, the number is still believed to be in that ballpark. Here is a look at how the buyout should break down for Miles, according to Dellenger:
Miles has a hefty buyout of $12.9 million but, many believe, the sum is reduced by the salary he has made already for this calendar year. Miles makes $4.3 million per year, and his staff is the nation’s highest-paid at a combined total of $5.471 million per year. Of that, Cameron is paid $1.2 million per year after receiving a new three-year contract in March running through the 2018 season.
Cameron’s contract still includes the so-called “Miles clause,” meaning he would be owed only six month’s salary if Miles were terminated.
LSU is expected to finish out the season with former Ole Miss coach Ed Orgeron as the team’s interim head coach.