LSU basketball coach Matt McMahon landed a huge contract to coach the Tigers.
McMahon was hired by the Tigers after Will Wade was fired following multiple alleged infractions committed by the program. (RELATED: David Hookstead Is The True King In The North When It Comes To College Football)
According to The Advocate’s Wilson Alexander, McMahon’s deal is for seven years and is worth $20.3 million.
Matt McMahon’s LSU contract: seven years, $20.3 million before incentives and job security for potential sanctionshttps://t.co/jC1wMVwPn2
— Wilson Alexander (@whalexander_) March 22, 2022
If LSU gets hit with significant sanctions or a postseason ban, which certainly seems like a very real possibility, McMahon will get another year tacked onto his deal, according to Alexander.
LSU signed new basketball coach Matt McMahon to a seven-year deal. His salary starts at $2.6 million and increases to $3.2 million.
McMahon will receive an extra year if LSU gets a multi-year postseason ban or loses two scholarships for at least three years.
— Wilson Alexander (@whalexander_) March 22, 2022
Allow me to explain this contract to you as simply as possible. LSU is fully aware that the hammer might get dropped on them after Wade’s departure, and they’ve now handed McMahon a deal that allows him to rebuild from the ground up if necessary.
LSU is all in on McMahon as the man to take the Tigers to the next level, and this contract proves it.
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Even if there are some hard years on the horizon, which seems more than likely, LSU is still tied to the former Murray State coach as their leader, and they’re paying him very well.
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He’s not going anywhere for at least five years under this deal, and that’s if the wheels fall completely off. If he does well, he’ll be around for a long time.