More than two years after LSU fired Les Miles, the two sides can finally part ways for good.

The school announced Thursday that it has reached a settlement agreement with its former coach, one that will pay Miles a one-time sum of $1.5 million. LSU was on the hook to pay Miles the remaining $6.5 million of his buyout through 2023 after administrators fired him in September 2016.

“It’s time for both parties to move forward,” Tigers athletic director Joe Alleva said in a press release announcing the move. “One of the challenges of the buyout that was in place was there just wasn’t a lot of incentive to move on to other things. We were looking to provide that and Coach Miles and his representatives also were ready.

“It was a mutually agreed upon goal and a very positive process from beginning to end.”

The “incentive to move on” for Miles may very well be the coaching vacancy at Kansas, to which he has been strongly linked since the Jayhawks’ Nov. 4 announcement that current coach David Beaty will not return next season. Alleva said that buyout discussions have been ongoing for several weeks, and if Miles is as close to landing that job as reports indicate, coming to a settlement with the Tigers athletic department makes sense.

Miles won 77 percent of his games and a national championship through more than 11 seasons at LSU.

“Coach Miles has always been positive about our program and has consistently supported our student athletes and our coaches,” Alleva said. “He will always be part of the great history of LSU football and I wish him and his family nothing but the very best.”