BATON ROUGE, La. — After the LSU Tigers took home the College Football Playoff National Championship, head coach Ed Orgeron is headed to the bank.
Orgeron has agreed to a new contract that will pay him roughly $7 million per year over the next 6 years, according to the school.
Orgeron is now tied to LSU through the 2026 season.
The agreement is subject to approval by the Board of Supervisors.
"Coach O has set a new standard at LSU," said LSU Athletic Director Scott Woodward. "He has proven that he is not only a championship coach, but also a leader of a program committed to doing things the right way. He has represented our institution and our state with great pride, on and off the field of play. He is well-deserving of this new contract, which should make clear our commitment to Coach O and the direction of our football program."
Orgeron, the consensus 2019 National Coach of the Year, has led LSU to a 40-9 mark as coach of the Tigers. Of his 40 wins at LSU, 12 have come against teams ranked in the Top 10, including seven in 2019, which stands at the most in college football history for a single season. His 40 wins through the first 49 games of his career ties for the most by any coach in LSU history.
"I'm very appreciative of Scott Woodward, the LSU Board of Supervisors and the state of Louisiana," Orgeron said. "I'm happy to represent LSU and this great state. My family and I are very grateful, and I look forward to working as hard as possible to continue to win championships at LSU."
Orgeron had received a two-year contract extension in March and a raise to $4 million per year, but he was still one of the Southeastern Conference's lower-paid coaches.
Joe Burrow threw five touchdown passes, ran for another score and capped one of the greatest seasons in college football history by leading No. 1 LSU to a 42-25 victory against No. 3 Clemson to win the national championship.
The national championship victory capped off a perfect 15-0 season for LSU. Following the win, Orgeron said the goal remains the same: compete for championships each season.
The Associated Press contributed to this report.