Rumors of Les Miles’ move to Arkansas have been squashed. The LSU coach will stay in Baton Rouge and sign a contract extension with his current school.
Update: Wednesday, November 28 at 5:10 p.m. ET by Kyle Vassalo
According to ESPN, Les Miles' contract extension is for seven years.
Les Miles received a seven-year contract extension and a raise from LSU on Wednesday, one day after reportedly fielding a lucrative offer to coach at SEC rival Arkansas.
The lengthy contract and raise was enough to keep the iconic coach from leaving LSU for Arkansas.
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The Times-Picayune’s Jim Kleinpeter reported earlier this week that the Razorbacks had offered Miles a contract worth “five years and $27.5 million,” but his colleague, Randy Rosetta, noted the following via Twitter on Wednesday:
Two sources close to the#LSU football program confirm what @1045espn reported earlier: Les Miles is staying with the Tigers.— Randy Rosetta (@RandyRosetta) November 28, 2012
The speculation that Miles would leave the Tigers was likely met with surprise from many college football fans, considering the success he has had during his tenure. Associate athletic director Michael Bonnette reported via LSUSports.net that the school will be signing Miles to an extension and quoted vice chancellor and director of athletics Joe Alleva, saying the following:
Les Miles is one of the premier coaches in the country and has LSU in contention for championships year in and year out. Only two coaches in the 119-year history of LSU football have coached as many years at this school and only one has won more games. Les Miles has made a commitment to LSU and LSU is solidifying its commitment to Les Miles.
CBS Sports' Dennis Dodd added that the extension will keep Miles under contract for seven years:
LMiles extended out 7 years.— Dennis Dodd (@dennisdoddcbs) November 28, 2012
Miles took over LSU after Nick Saban left to coach the Miami Dolphins. Saban had brought a national championship to the program in 2003, and the expectations were extremely high for Miles.
By all accounts, he has delivered. Miles is 85-20 during his time in Louisiana and coached the team to a national title in 2007.
The team is currently 10-2 and ranked No. 7 in the BCS standings. Miles has been one of the most successful and consistent coaches in the country, and LSU is now giving him the recognition and stability he deserves.