- Associated Press - Wednesday, November 28, 2012

People familiar with the situation say Les Miles and LSU have agreed to a new contract.

The people spoke to The Associated Press Wednesday on condition of anonymity because LSU and Miles have not announced deal.

Miles has had a previously scheduled news conference on Wednesday pushed back at least an hour. One of the people say it’s because Miles’s agent, George Bass and athletic director Joe Alleva, were finishing up the specifics of the deal which includes a pay increase and an extension.

Miles is 85-20 at LSU since arriving in 2005, with one national title in the 2007 season and two BCS championship appearances. LSU’s victory over Arkansas last Friday clinched Miles’ fifth 10-win season with the Tigers.

His previous contract paid about $3.75 million annually through 2017.