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LSU Tigers, Les Miles reach $1.5 million buyout agreement

Former coach Les Miles, reportedly a candidate for Kansas' vacancy, on Thursday reached a settlement with LSU for a one-time, lump-sum payment of $1.5 million on his remaining guarantee from the school.

LSU still owed Miles $6.5 million in guaranteed salary after firing him in September 2016.

At the time of his dismissal, Miles was owed about $9 million, to be paid in monthly installments until 2023. But Thursday's agreement absolves LSU of any remaining funds owed to Miles, who coached the Tigers from 2005 to 2016 and went 114-34 while leading LSU to a national championship in 2007.