November 10, 2012; Baton Rouge, LA, USA; LSU Tigers head coach Les Miles celebrates a win over the Mississippi State Bulldogs after a game at Tiger Stadium. LSU defeated Mississippi State 37-17. Mandatory Credit: Derick E. Hingle-US PRESSWIRE

Les Miles To Receive Salary Raise, Contract Extension From LSU Tigers

While LSU Tigers head coach Les Miles was in the thick of coaching rumors that linked him to the SEC rival Arkansas Razorbacks head coaching vacancy, the university announced today that Miles will not be going anywhere.

LSU Vice Chancellor and Director of Athletics Joe Alleva let it be known that Miles will receive a contract extension and pay raise following the team’s bowl game appearance. The exact figures of the deal are still being negotiated and then will be subject to review by the LSU Board of Supervisors.

[RELATED: Arkansas Razorbacks prepare huge contract offer for LSU coach Les Miles]

“Les Miles is one of the premier coaches in the country and has LSU in contention for championships year in and year out,” Alleva said.  “Only two coaches in the 119-year history of LSU football have coached as many years at this school and only one has won more games.  Les Miles has made a commitment to LSU and LSU is solidifying its commitment to Les Miles.

“The coaching business is a competitive one and it is important to compensate our coach for his accomplishments and his worth. Les has not received a pay increase since his salary was automatically elevated following our national championship in 2007 and he has continued to keep LSU on the national stage.

“Our intent was to address his contract following this year’s bowl game, but speculation about other job opportunities accelerated our process a little,” Alleva said.  “I think we have accomplished the important step of securing Les Miles as our head coach for the long-term good of the program.”

Miles finishes the regular season with an 85-20 record during his time with LSU. During his time with the program, Miles has won two SEC titles, the BCS National Championship in 2007 and was named the 2011 National Coach of the Year.

It was important for LSU to lock up Miles to an extension with other jobs attempting to lure him in.

Tags: Football Les Miles LSU Tigers

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