New LSU basketball coach's $20.3M contract includes safeguard for potential sanctions
BATON ROUGE - New LSU basketball coach Matt McMahon's contract will pay out more than $2 million per year and promises an additional season if the program is hit with sanctions for NCAA violations that happened under previous coach Will Wade.
The deal will come out to about $20.3 million over seven years and includes additional incentives for postseason appearances.
The contract also specifically outlines that an additional year will be added to the end of his contract if the basketball program "receives a post-season ban for two or more years or a scholarship reduction of two or more scholarships for three or more years, as a result of actions that occurred prior to the start date of this contract."
Will Wade was fired earlier this month after LSU received a noticed of allegations related to the team's recruiting practices.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Dozens attend vigil for Allie Rice on LSU campus; police hold walk...
Woman's car damaged thanks to gas pump mix-up; insurance company steps up...
Louisiana sends aid to Florida after Hurricane Ian disaster
After questionable decisions from judges, expert says holding them accountable could take...
Fugitive shot to death after search led federal marshals to EBR neighborhood
Fans' Choice Player of the Week 4: Central's Glen Cage
Plaquemine's Jayden Rogers leading the Green Devils through music
Southeastern knocks off #4 Incarnate Word on Eli Sawyer game winning touchdown...
McKinley High's homecoming football game canceled after bench-clearing brawl broke out between...
LSU Baseball team volunteers with Baton Rouge's Miracle League