LSU releases terms of Matt Canada's contract buyout
LSU will give former offensive coordinator Matt Canada roughly half of what he was owed over the two remaining years of his contract, before he and the school reached a mutual separation agreement announced Friday.
In an release from the school amended sometime Saturday, the school said it will give Canada $1 million before Jan. 31, and he will receive another $700,000 in 20 equal monthly installments before the end of each subsequent month.
The original release from the school did not include those buyout terms.
The $1.7 million is slightly more than half of the $3.25 million he was due to earn through the end of his contract after the 2019 season.
Canada coached the LSU offense for one season and appeared to be at odds with coach Ed Orgeron when after a stunning Sept. 30 home loss to Troy, the coach said he asked Canada to reduce the number pre-snap shifts and motions that are common with his play calls.
LSU followed that loss by winning six of the next seven games, all against SEC schools, before the New Year's Day loss to Notre Dame in the Citrus Bowl.
LSU has not announced a replacement for Canada, although Orgeron suggested tight ends coach Steve Ensminger as a possibility when asked after the regular season finale against Texas A&M about Canada's status.
Ensminger served as the interim offensive coordinator for LSU after the school fired coach Les Miles and named Orgeron the interim four games into the 2016 season.
The buyout came just days after the school signed defensive coordinator Dave Aranda to a four-year deal with a $2.5 million annual average salary. With that deal, Aranda and Orgeron both have contracts that run through the 2021 season, with Orgeron due to earn $3.5 million annually.Source: Google News Canada | Netizen 24 Canada