LSU defensive coordinator Kevin Steele’s contract was added to the LSU Board of Supervisors’ agenda Monday. If approved at the Board’s Jan. 29 meeting, Steele will make $1 million per year on a two-year contract.
Steele’s predecessor John Chavis made $1.3 million after incentives.
Steele’s base salary is $500,000 with $500,000 in supplemental media compensation. He also could make up to $125,000 in postseason incentives, contingent upon the Tigers’ postseason destinations.
Steele’s agreement includes a clause present in Chavis’ old contract with the school, which states the University may terminate Steele’s contract if head coach Les Miles leaves the school or is terminated. In that event, Steele’s contract would end six months after Miles’ final day as head coach or on an earlier date mutually specified by both Steele and the University.
If Steele were to leave LSU for another Southeastern Conference school, the contract mandates he would pay LSU 50 percent of his remaining guaranteed compensation and 20 percent of his remaining guaranteed compensation if he were to leave for a school outside the conference.
The buyout information is the same as that in new defensive line coach Ed Orgeron’s contract. Orgeron will receive a two-year contract with a base salary of $450,000 per year. His contract is also subject to approval at the Board’s Jan. 29 meeting.
LSU defensive coordinator Kevin Steele to receive two-year, $1 million per year contract
January 26, 2015
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