Will Wade will be introduced as LSU’s next head coach in the coming days.
The WAFB Channel 9 team acquired the term sheet Wade has signed. His contract will be presented to the LSU Board of Supervisors at the next meeting in late April.
The deal is for seven years with a base salary of $400,000. His supplemental compensation begins at $3,600,000 in 2026-27 for a total of $4,000,000 which will escalate by $100,000 the following five seasons and flatten at a total of $4,500,000 for year seven.
Wade’s buyout to leave LSU for another job starts at $5,000,000 before April 1, 2027, and drops by $1,000,000 every subsequent year to $0 after April 1, 2032.
Bonuses
Win the SEC: $50,000
Win the SEC Tournament: $50,000
Reach the NCAA Tournament: $50,000
Round of 32 appearance: $100,000
Sweet 16 appearance: $150,000
Elite Eight appearance: $200,000
Final Four appearance: $300,000
NCAA Tournament finals appearance: $500,000
National Title: $800,000
* NCAA Tournament escalators will be paid based on final result, not accumulating by round
SEC Coach of the Year: $50,000
National Coach of the Year: $100,000
