Report: Will Wade's 6-Year Contract Worth $15 Million

New LSU Basketball coach Will Wade has signed a six-year deal worth $15 million ($2.5 million per year), according to documents obtained by The Advocate.

The contract does not include a buyout, according to the report.

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LSU's new men's basketball coach signed a six-year deal worth $15 million ($2.5 million per year), and both sides are on the hook for the entire amount.

The contract does not include a buyout. Wade, 34, would owe the school his remaining salary if he were to leave for another job, and the school would owe him the entire amount if he were to be fired.

Wade's contract was obtained by The Advocate through a public records request. The contract must be approved by the LSU Board of Supervisors at its meeting next month.

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Wade replaces former LSU Basketball coach Johnny Jones who was fired at the end of last season.