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LSU ATHLETICS TO PRESENT COACHES CONTRACTS FOR APPROVAL

By: Import User
Updated: January 7, 2009
BATON ROUGE - New contracts for four LSU coaches will be presented to the LSU Board of Supervisors for approval on Thursday, athletic director Skip Bertman has announced. The contracts of football coach Les Miles, mens basketball coach John Brady, womens basketball coach Pokey Chatman and new baseball coach Paul Mainieri will go before the board for approval. "These contracts represent stability for our athletics program with the goal of producing sustained success at a high level for our sports teams," Bertman said. "We remain committed to being competitive in our compensation of coaches in order to give our student-athletes the best opportunity for success on the field and in the classroom." "I am pleased with the structure of these new contracts because they show stability for the program, and also provide for incentives for higher performance, the standardization of compensation for assistant coaches and incentives to meet academic goals," said LSU Chancellor Sean OKeefe. "We are making a clear statement that we plan to continue to excel in athletics and to graduate our student-athletes who have entrusted LSU to prepare them for the future." For the first time, LSU contracts will include incentives to reward coaches for helping to promote academic performance and motivate attainment of NCAA academic standards, such as the NCAAs Academic Performance Ratio (APR) and Graduation Success Rate (GSR). The new contract for Miles is a five-year agreement to expire after the 2010 season. It includes the release of $400,000 in 2006 of funds accrued in the first two years of his original contract, followed by a base salary of $300,000 per year starting in 2007, plus $950,000 for participation in radio, television and Internet programming for 2007 and 2008 and $975,000 for 2009 and 2010. Including additional compensation, Miles total compensation will be $1.65 million in 2006 and $1.8 million in 2007. Miles contract calls for the opportunity to earn raises during the term of the contract based upon the teams finish among other SEC schools. The new contract for Brady is a five-year agreement to expire after the 2010-2011 season at a base salary of $250,000 per year, plus $650,000 for participation in radio, television and Internet programs. The radio/TV/Internet payment will escalate by $50,000 for each year of the contract. His total compensation in the first year of the contract will be $900,000. The new contract for Chatman is a revision of her existing agreement to increase post-season and award incentives, as well as to add the academic achievement incentives. No changes are being made to her base salary or radio/TV/Internet payments. The contract for Mainieri is a five-year agreement set to expire after the 2011 season at a base salary of $150,000 per year, plus $150,000 in radio/TV/Internet payments. Including additional compensation, Mainieris total compensation will be $450,000 per year. The contracts for each coach include opportunity additional compensation, including use of vehicles and incentives for post-season performances. LES MILES, HEAD FOOTBALL COACH New contract Term: January 1, 2007 to December 31, 2010 (five years including 2006) Total compensation in 2006: $1.65 million Base Salary: $300,000 per year Radio/TV/Internet: $600,000 in 2006 Additional Compensation: $300,000 from TAF $50,000 from shoe and equipment provider $400,000 from release of accrued funds Total compensation in 2007: $1.8 million Base Salary: $300,000 per year Radio/TV/Internet: $950,000 in 2007 and 2008; $975,000 in 2009, 2010 Additional Compensation: $500,000 from TAF $50,000 from shoe and equipment provider Other compensation Post-season Incentives: $50,000 for post-season bowl or $100,000 for BCS bowl $50,000 bowl appearance as SEC West Champ or co-Champ $75,000 for appearance in SEC Championship Game $175,000 for appearance in BCS National Championship Game (Post-season incentives not to exceed $400,000 during any one season) Academic Incentives: $25,000 for team APR of 950 or higher in 2007 and 2008 $25,000 for team APR of 960 or higher in 2009 and 2010 $50,000 for team graduation success rate of 75 percent or higher $50,000 for team GPA of 2.80 or higher Other notes: Immediate access to funds of $400,000 already accrued by LSU and TAF in 2005 and 2006 Total annual compensation to be no less than fifth highest among SEC coaches if team wins 10 or more games (beginning after 2007 season) Total annual compensation to be no less than third highest among SEC coaches if team wins SEC Championship (beginning after 2007 season) Total annual compensation to be no less than third highest among all NCAA Division I coaches if team wins the BCS National Championship (beginning after the 2007 season) Existing contract Base Salary: $300,000 per year Radio/TV/Internet: $600,000 Additional: $300,000 from TAF $50,000 from shoe and equipment provider JOHN BRADY, HEAD MENS BASKETBALL COACH New contract Term: July 1, 2006 to June 30, 2011 (five years) Total compensation in 2006-07: $900,000 Base Salary: $250,000 per year Radio/TV/Internet: $650,000 in 2006-07 to increase by $50,000 each year of contract Post-season Incentives: $25,000 for SEC Tournament Championship $10,000 for SEC Western Division Championship $25,000 for share of SEC regular season championship $25,000 for NIT Championship $20,000 for appearance in first/second round of NCAA Tournament $35,000 for appearance in NCAA Sweet Sixteen $50,000 for appearance in NCAA Elite Eight $65,000 for appearance in NCAA Final Four $80,000 for appearance in NCAA National Championship Game $100,000 for winning NCAA National Championship (Post-season incentives not to exceed $300,000 during any one season) Other compensation Award Compensation: $25,000 for SEC Coach of the Year (SEC Coaches Poll) $50,000 for National Coach of the Year Academic Incentives: $25,000 for team APR of 925 or higher in 2006-07, 2007-08, 2008-09 $25,000 for team APR of 935 or higher in 2009-10 and 2010-11 $25,000 for team graduation success rate of 80 percent or higher $12,500 for team GPA of 3.00 or higher Existing contract Base Salary: $250,000 per year Radio/TV/Internet: $415,000 POKEY CHATMAN, HEAD WOMENS BASKETBALL COACH New contract Term: July 1, 2006 to June 30, 2009 (five years including 2004-06 and 2005-06) Total compensation in 2006-07: $400,000 Base Salary: $250,000 per year Radio/TV/Internet: $150,000 in 2006-07; $175,000 in 2007-08; $180,000 in 2008-09 Post-season Incentives: $20,000 for SEC Tournament Championship $15,000 for share of SEC regular season championship $30,000 for SEC regular season championship (outright) $10,000 for NIT Championship $10,000 for appearance in first/second round of NCAA Tournament $25,000 for appearance in NCAA Sweet Sixteen $50,000 for appearance in NCAA Elite Eight $75,000 for appearance in NCAA Final Four $150,000 for winning NCAA National Championship (Post-season incentives not to exceed $50,000 during any one season for SEC incentives and $200,000 for other post-season incentives) Other compensation Award Compensation: $25,000 for SEC Coach of the Year (SEC Coaches Poll) $50,000 for National Coach of the Year Academic Incentives: $25,000 for team APR of 945 or higher in 2006-07, 2007-08 $25,000 for team APR of 960 or higher in 2008-09 $50,000 for team graduation success rate of 80 percent or higher $50,000 for team GPA of 3.00 or higher Existing contract Base Salary: $250,000 per year Radio/TV/Internet: $135,000 PAUL MAINIERI, HEAD BASEBALL COACH New contract Term: January 1, 2007 to June 30, 2011 (five years) Total compensation in 2006-07: $450,000 Base Salary: $150,000 per year Radio/TV/Internet: $150,000 per year Additional Compensation: $150,000 from equipment provider Other compensation Post-season Incentives: $20,000 for SEC regular season or tournament championship $20,000 for appearance in NCAA Super Regional $35,000 for appearance in NCAA College World Series $60,000 for appearance in NCAA Championship Series $75,000 for NCAA National Championship (Post-season incentives not to exceed $55,000 during any one season for SEC, Super Regional and CWS appearance) Other notes: $150,000 from TAF in first year to help offset financial obligations association with termination of contract with previous employer

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