Former head coach Les Miles and LSU have agreed to a $1.5 million buyout settlement that further frees Miles up to pursue a head coaching job elsewhere this offseason.
Miles signed an 11-plus-year contract with the Tigers in 2005 but was fired in September 2016 after starting the season 2–2. At the time of his firing, Miles was owed $9 million to be paid over six years in monthly installments around $133,000.
LSU still owes Miles $6.5 million under the original agreement, which would have been binding until 2023. Vice Chancellor and Director of Athletics Joe Alleva said the most important factor in negotiating a new agreement was to give all parties an incentive to move on.