Top 5 paid coach: LSU releases details of Ed Orgeron's new 6-year contract
LSU rewarded head coach Ed Orgeron with a hefty new contract Friday morning.
Orgeron led LSU to a remarkable 15-0 season that included a national title, SEC Championship and a Heisman Trophy for Joe Burrow. In 2019, Orgeron was making around $4 million per season in salary; however, that has now all drastically changed.
LSU released the details of Orgeron’s new compensation package Friday morning. The new six-year deal is valued at more than $7 million per season. It includes a base salary of $6 million, and the LSU head coach will receive a $5 million split-dollar life insurance policy payable over the first two years of the new agreement. The total amount is worth more than $42 million before bonuses.
At around $7 million per season, it catapults Orgeron into the top five highest paid coaches in college football trailing only Dabo Swinney, Nick Saban, Jim Harbaugh and Jimbo Fisher.
“Coach O has set a new standard at LSU,” said LSU Athletic Director Scott Woodward said in a statement released by the university. “He has proven that he is not only a championship coach, but also a leader of a program committed to doing things the right way. He has represented our institution and our state with great pride, on and off the field of play. He is well-deserving of this new contract, which should make clear our commitment to Coach O and the direction of our football program.”
Orgeron guided LSU to what could be the best season in college football history. He is 40-9 overall since taking over LSU, including 23-7 in the SEC. In his last 12 games against top 10 opponents, the LSU head coach is 11-1.
“I’m very appreciative of Scott Woodward, the LSU Board of Supervisors and the state of Louisiana,” Orgeron said in a statement released by the university. “I’m happy to represent LSU and this great state. My family and I are very grateful, and I look forward to working as hard as possible to continue to win championships at LSU.”