BATON ROUGE, La. – LSU’s new basketball coach has received a 67 percent pay bump to $2.5 million a year.
The LSU Board of Supervisors voted Friday to approve coach Will Wade’s new contract that The Advocate reports is for six years and worth $15 million.
Wade will make $1 million more than what he was due this coming season at his previous school, Virginia Commonwealth University in Richmond, Virginia. His salary is $1 million more than what former coach Johnny Jones made in 2016-17.
Wade’s contract also calls for $150,000 more in academic and athletic incentives than Jones’ deal did. Wade’s total incentives package is worth $800,000. The additional incentives include recognition for national and conference coach of the year awards.