Some clarity regarding Les Miles’ buyout situation was gained Monday night.
As shared by Quint Forgey of The Daily Reveille, LSU president F. King Alexander released a statement that says no student fees or state dollars will go toward Miles’ buyout. Miles, who was fired Sunday, is believed to be owed somewhere in the ballpark of $12.9 million. But as reported by Scott Rabalais of The Advocate, that amount is expected to be reduced by what Miles already has been paid this year, to about $9.6 million. Rabalais reports that figure is payable over six years.
— Quint Forgey (@QuintForgey) September 27, 2016
Miles will be fine financially, and you can be sure LSU will find plenty of avenues to pay him whatever he’s owed. But it’s interesting to learn that student fees and state dollars can be eliminated from the conversation.