The new agreement would include enhanced opportunities for additional compensation for championships and post-season accomplishments and would include no rollover provisions. Miles' annual compensation will remain at $3.751 million per year.
"We are pleased to reach an agreement that will keep Les Miles as the leader of our football program for many years to come," said Alleva. "Les is one of the winningest coaches in the country over the last six years and his players perform well both in the classroom and in the community. It is important to maintain stability in a program and this contract will help LSU remain a premier football program. We are glad Les, Kathy and their family will remain a part of the Baton Rouge community."
Miles has coached six seasons at LSU and has compiled a record of 62-17 as head coach of the Tigers, including a 5-1 record in bowl games, topped by a national championship in 2007.
"This is home to us," Miles said. "My family really loves being in Louisiana and I love representing this great institution. Staying at LSU is the right thing to do. I wanted to stand by the commitment that I made to the team and to LSU and that really overshadowed any other consideration.
"The business that we're doing is affecting people's lives, playing for championships, encouraging a degree, setting people on a path that will benefit them. I think that happened for me at Michigan and hopefully it's happening for others at LSU and I like being part of that here. This is a wonderful place and I'm thrilled to be the LSU coach."
LSU opens the 2011 season on Sept. 3 against BCS title runner-up Oregon at Cowboys Stadium in Arlington, Texas. LSU football season ticket holders can place orders now by going to www.LSUtix.net and clicking on "Season Renewals."