If the LSU Tigers defeat the Alabama Crimson Tide in the BCS National Championship game on Monday night, LSU head coach Les Miles will receive a $5.8 million salary raise as a result, according to CNBC.
Miles has a clause in his contract that promises that if he wins a National Championship, the school would have to pay him $1,000 more per year than whoever is currently the highest paid coach within the Southeastern Conference. Currently, the highest paid head coach in the SEC is Alabama’s Nick Saban, who earns an annual base salary of $4.73 million.
Miles’ current salary is $3,751,000 per year. If the team wins Monday, it will then increase to $4,731,000 per year over the next six years.
Interestingly enough, when LSU won the National Championship in 2007, Miles’ salary was raised at the time to top Nick Saban’s previous salary of $3.75 million per year.