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LSU reportedly finalizing Ed Orgeron contract extension

Ed Orgeron will head into next season with an added layer of job security.

Coming off LSU’s first double-digit win total since 2013, the football coach will reportedly earn a contract extension per a school senior official, according to NOLA.com.

The specifics of the contract extension are being finalized, according to the official. The next LSU Board of Supervisors meeting is slated for March 15. Agenda items are due on Feb. 15.

Orgeron’s current contact has $3.5 million guaranteed annually and expires in 2021, according to NOLA.com. The current contract is spiked with $1.5 million for potential incentive bonuses. Orgeron landed $150,000 for LSU making the Fiesta Bowl.

In November, LSU and former coach Les Miles came to terms on a $1.5 million one-time lump sum payment. Prior to the agreement, Miles was still owned $6.5 million from the buyout after getting fired in 2016.

Orgeron currently has a two-way buyout clause for $6 million this year, with a dip to $4.5 million in 2020 and then down $1 million in 2021, according to NOLA.com.

Orgeron is listed as 36th highest paid college football coach in the nation according to USA Today.

Alabama’s Nick Saban, Texas A&M’s Jimbo Fisher, Auburn’s Gus Malzahn, Georgia’s Kirby Smart, Florida’s Dan Mullen, South Carolina’s Will Muschamp, Kentucky’s Mark Stoops and Tennessee’s Jeremy Pruitt are SEC coaches that earn more than Orgeron.

Orgeron makes just as much guaranteed money as Arkansas’ Chad Morris.

Last season, Orgeron guided LSU to a 10-3 record and snapped UCF’s 25-game winning streak with a victory in the Fiesta Bowl.

In 2017, LSU posted a 9-4 record. Orgeron went 6-2 with a Citrus Bowl victory vs. Louisville as an interim coach in 2016.

Overall, LSU has amassed a 25-9 record under Orgeron.

LSU kicks off next season on Aug. 31 at home vs. Georgia Southern and will get an early test on Sept. 7 at Texas.