For those interested in seeing LSU's issue with Miles' contract, the following things should be pointed out.
1) Miles will be owed the remaining terms of his contract if he is fired without cause. That's $3.75M/year for 4 years (2010-2014 since he got an extension as of the 8th win this season against LaTech). That means his buyout will be ~$15M
2) The buyout can be paid out over twice the time he's under contract. That means it can be split over 8 years at $1.875M/year unless he gets another job in which we have to pay the difference in his salary to bring him to $3.75M.
3) Miles will continue to get a one year extension for every season he goes at least 8-5. Given our general cupcake OOC, he basically needs to go 5-4 in the SEC and bowl games to get another $3.75M reset on his buyout. Next season we have two rent-a-wins OOC and two average OOC in WVU and UNC.
From a Tigre Board.
