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

by Staff Reporter

August 7, 201718 Comments

Derick E. Hingle-USA TODAY Sports

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.

quote:
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.

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

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Filed Under: LSU Basketball

18 Comments

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Mr.Perfect•83 months

If Wade produces like he recruits for the next two years LSU will be forced to give him an extension with a BIG raise. And our only bargaining chip would be a buyout. Man am I excited about our program right now.

MintBerry Crunch•83 months

Worth every penny already!

Wild Thang•83 months

Geaux Tigers!!

Lexman1•83 months

I like the fact that both sides stand to lose if Wade leaves or is fired. That's a lot of insensitive to win and build the program up to national prominence!

OweO•83 months

I think Coach Wade is exactly the type of hire we needed. A young energetic guy who wants the opportunity to establish a winning program.

pellietigersaint•83 months

Love it. both sides all in.

Rakim•83 months

Love love love some Will Wade

LSU_postman•83 months

I will wade i will wade for you

DaleGribblesMower•83 months

Man, that's actually an impressive deal Alleva got done

TaderSalad•83 months

I might actually watch basketball this season.

Random LSU Hero•83 months

Really feel like it's a homerun hire. A cerebral coach that also doesn't mind beating the streets.

Palm Beach Tiger•83 months

Wow, great news. Wade should be locked in pretty much for at least 3 or 4 years before we are worried about him going somewhere else.

YellaPurp•83 months

With so much praise b4 1 game,and rightfully so,i can't wait to see how LSU fans react to him when they start off losing.

tntigger•83 months

Tiger fans are notoriously patient with coaches, obviously.

jeff70121•83 months

If negativity was a commodity on the NYSE, you's own the lion's share.

Pankins•83 months

After seeing how the bball program went the last few years, and seeing what Wade has done so far, do you not think a degree of optimism is warranted? And, I mean, if you can't enjoy this, why do you even follow sports? Do you only get happy for chips?

lsusportsman2•83 months

Wade>>>>>>>>>>Our rock mouthed football coach

SwampBandit•83 months

If it is'nt one of the the Nega Coach O fans, at least give the man a season under the helm before you bash him

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