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I think he is being compensated fairly and on par with other coaches that keep their teams in the hunt! At this time I don't think an offer from Arkansas warrants a rasie for Miles unless he can get it from somewhere other than LSU.
What are your thoughts?
This post has been edited 3 times, most recently by TigersRule1 17 months ago
He doesn't, and your reasons are exactly why.
However, we don't know he is asking for one now.
What he deserves and what he can get are two different things though, and frankly unless Alleva already has a slam dunk in his back pocket to hire he has a lot of leverage. That last point is pretty crucial since as we found out last time it isn't true just any coach wants to come here, or is available.
More importantly if we look back at coaches people were salivating over getting the last two times, they often didn't turn out to be the slam dunk assured successes we thought at the time where they stayed or went. I am not sure there is such a thing as a slam dunk hire. In our case we ended up with two of the best despite paper resumes that seemed mediocre. There is more luck in this process than most people want to admit.
"I strive to never let the perfect be the enemy of the good. They are companions, not rivals, for our affections." -Lance Paddock
He is being more than sufficently compensated right now. If he wins or makes it to another NC next year then we have another discussion.
"They're on our left, they're on our right, they're in front of us, they're behind us....They can't get away this time." Chesty Puller
If Alleva allows him to get what he can get he should be fired. Arkansas is not leverage. Miles will not uproot his family for Arkansas. This entire scenario is ridiculous IMO!
Then a raise matching the highest paid coach in the land is warranted without a doubt!
I am, and have been, the head of Compensation and Benefits for several major companies. As was implied in the previous posts, there can be a difference between what you want to pay a person (your view of what they're worth or what they deserve) vs. what you have to pay them in order to retain their services. The first one only matters to you. Les is worth whatever he can get in the marketplace, and I imagine that is more than he is currently making at LSU. It is interesting that a team that we bearly beat last week, and that we have struggled against over the past few years when you consider our talent level vs. theirs, wants to hire our coach. I think that's indicative of how thin the market is for proven head coaches at the top level of college football, and how rare some of the things that we take for granted with Les (the positive atmosphere he creates around the program and LSU, his integrity / family values, etc.) really are. He's been successful at two different major conference programs, which is also uncommon. It's really an easy decision - pay the man, unless you're sure you can hire somebody better for the same or less money - I say better, because there is a price to pay for having to endure a coaching transition as well, so you want to be trading up - not sideways. "Better" would be a very short list of names.
Solid post! I think a raise is inevitable at this point but I don't think we have to match Arkansas dollar for dollar nor do I think we should.
He may get a bump to 4M out of this, but 5M is absurd. In fact after reading belowpar's posts, it seems that original 27.5M number was put out to give both sides some negotiating room in the eyes of the public. No way he takes that job even w/ the monetary differences, it's twice as hard.
This is so obviously being put out there by Les' agent.
This post was edited by BlueToothJimmy 17 months ago
GET AT ME
THIS......and people thinking we'd have our CHOICE of top candidates is laughable. Timing is everything. The "better" list would be so short, that only a small % chance of one of those guys happening makes it a "be careful what you wish for " scenario.IMO he isn't going anywhwere, but the offer is real and he COULD go if he wanted.
Our program is SOLID. Recruiting is going very well......wish more could enjoy the ride. It's bumpy but is is fun being relevant when so many are not
This is called capitalism. Why do CEO's of big companies make over $10 million per year for practically the same performance as the guy before him/her? Miles is getting paid for his 85-20 record and for how the football program has peaked in worth in relation to other big money programs. According to Forbes, LSU is the 4th most valuable football program behind Texas, Notre Dame, and Penn State. It may be surpassing Penn State soon. Not bad for a medium sized public school in a low income not-so-populated state.
Current Value: $96 million
Two-Year Change in Value: 12%
Football Profit: $47 million
Head Coach: Les Miles
The local economic impact of LSU's home games has helped secure their place as the SEC's most valuable team. The Tigers generated $8.5 million in local spending for each of their seven home games.
This post was edited by ColdHotWings 17 months ago
"That was Death Valley. It's where opponent's dreams come to die." - Miles
Your in denial if you think LSU does not have a very real chance at a top flight candidate that can continue the winning ways we have enjoyed for over a decade now. As for timing it could not be any better in terms of where the program is and the actual time of year.
That would be reasonable with incentives.
I did not realize that. Do you have a link to the Forbest article? Pretty compelling!
Look below my post. There is the link right there.
Thanks...not sure how I missed that...
Have to agree with this. Program is on very solid footing for 2 consecutive coaches now, stocked with young talent that could be a real contender immediately for a new coach, and combine that with the guys currently commited for the 2013 class along with a bigtime Louisiana class for 2014, and LSU would have to be very appealing to coaching prospects out there. Unfortunately, as has been pointed out, even the best looking candidates on paper don't always work out for some reason or other, so you have to be careful what you wish for. I think that is a reason why many would gladly take what we currently have winnint 10-12 games a year without another NC rather than taking the chance that we go back to where we were pre-Saban.
The reality is that Miles will have to be replaced at some point, whether that's now because he left for another job or sometime later because he retired. I just hope that when that time comes the job is still as appealing as it is now.
If the job of a CEO is to increase the stock value of a company, then Les Miles has done exactly that with his football program. LSU is currently going toe-to-toe against traditional football juggernauts in financial status. LSU football has more appeal than ever before because it keeps winning, it pumps out a large volume of athletes to the NFL, and Les Miles is a top celebrity whom athletes want to play for and viewers can't help but to watch.
Great post. Thanks for the voice of reason.
Those are all facts but at some point you have to draw the line. I don't think you can allow yourself to be held hostage everytime someone comes calling and at some point you say well take that job all the while understanding that LSU is what it is and can stand on it's own two feet IF the right hire is made.
I would think the negotiations will be fair and that the contract will not come close to matching the Arkansas offer. I would be very disappointed in the administration if they crater to this degreee.
This post was edited by TigersRule1 17 months ago
Agreed... I would never want to get only what I deserved. That would surely be a short line to get in but not a popular one.
Unfortunately there is no cap on CFB HC salaries. You can get caught in the old pre-cap NFL draft problem, paying a king's ransom for a total bust. Proven elite HC's in CFB are in a similar market to elite QB's in the NFL. You are forced to overpay them.
I think Briles is the most likely Arky hire. It would be a comparable hire to Petrine and anyone with a higher profile would surprise me. It's just not that great a job.
"It's short of larceny. It's surely not bigamy, but there is some lack of integrity that somebody can go in and bang on," Les Miles
What Les "deserves" is completely irrelevant. This is the real World so elementary school concepts like "fairness" and so forth have no real place here, except when engaging in philosophical discussions.
"There are some reasons for this that we cannot get into right now."
I doubt that Miles will get the same figure as the rumored Arkansas offer. Even if he does get a $5 million per year contract, it will be easily surpassed by several head coaching contracts in a couple of years. It was only 1995 when Bobby Bowden was the first $1 million head coach. I won't be surprised to see the first $10 million dollar head coach right after 2015.
Then name the big name coaches with a realistic shot? Define top flight? Is it Patterson? Is it Jimbo? Is it Briles?
None of those have the "brand recognition" that Miles has with LSU. Jimbo is a solid recruiter, but is he ready to be what Miles has been the last several years? I'd call that a push at best.
Of course we could hire a quality candidate. The point is our history in many sports has proven otherwise. Outside of the Saban and Miles hires.....it's been AWFUL.
We could get lucky again, cause when we hired Miles, we hired a guy like a Patterson or Gundy........my point is, no guarantees we get BIG name. I
d just assume we keep our own big name, as frustrating as he may be at times, and keep our brand rolling as opposed to hoping our stage is not too big for the "next" big name.
All i can say is WOW.
When another SEC West offers your guy a $27 mil plus on a five year contract that says they are damn serious.
Miles salary is about 3.75 mil.
Miles agent? Miles has a life-long relationship with the Arkie AD Long (Michigan) and Jerry Jones (Dallas Cowboys and former Arkansas FB player). To define those relationships further, Jerry Jones offered Miles his plane when Miles father died.
Miles negotiated for monies for deserving staff last time - especially Frank Wilson and John Chavis.
This is not the time for a transition at LSU - Miles has a exceptional six of eight seasons and won one of two NCs played. He knows the SEC landscape to include Texas. He'd be a huge hire for Arkansas.
Replacing Miles means finding a bigger guy - and it means everything you've accumulated is at risk.
Les's agent. He prospers one way or another.
Face it, there are about 120 CFB Football programs who would love to swap places with LSU. There are about 3-4 who would probably stand pat because they feel they are either equal or slightly better off than LSU. HOw much of that credit goes to our 85-20 coach? A big assed portion. Pay the man because out of the 120 Schools who would eagerly swap places with LSU, all of them have a checkbook and would love to see the view from the top of college FB and those 3-4 programs who think they are equal or a little better off than LSU are paying their guy and they are not coming here.
Agree....the second to last statement is exactly how I feel.
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