New Orleans, Louisiana 2021-10-27 18:27:00 –
The LSU Supervisory Board will meet Thursday to vote on Ed Orgeron’s dismissal agreement and propose a modified compensation to headtrack coach Dennis Shaver.
Orgeron’s separation agreement, announced on October 17, included a $ 16.9 million acquisition to end the rest of the 2021 season. He initially signed a $ 42 million extension for six years following the 2019 National Championship season. If he was fired for no reason, he had to pay 70% of it.
As part of Olgeron’s amended contract, he will receive $ 500,000 until the end of the regular season. Then, if LSU plays a bowl game, he will earn $ 149,000 in December and $ 25,000 in post-season incentive rewards.
In addition, the Commission will vote for a shaver contract extension following the title of the men’s athletic team’s national championship. Starting in 2019, the shaver’s base salary was $ 360,000 until 2024.
The new contract will raise that annual salary to $ 400,000 until June 2025. Shavers will also receive an annual supplementary reward of $ 50,000 by 2022 to $ 125,000 by 2025 for media participation.
Annual supplementary income includes a bonus of $ 25,000 for the remaining head coach, up to $ 52,500 for the coach award, $ 10,000 for the team’s academic performance, and up to $ 100,000 for post-season participation.
Wilson Alexander contributed to this report.
Ed Orgeron’s termination, Dennis Shaver’s extension on next LSU Board of Supervisors agenda | LSU Source link Ed Orgeron’s termination, Dennis Shaver’s extension on next LSU Board of Supervisors agenda | LSU