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Les Miles Staying at LSU

Chris Graythen/Getty Images(NEW YORK) -- LSU head football coach Les Miles is staying put. Miles, who's coached in Baton Rouge since 2005, reportedly received a five-year, $27.5 million contract offer from the University of Arkansas. But LSU put to rest any speculation Miles would leave when it gave him a seven-year contract extension and a raise Wednesday.

"Seven years is a long tenure," Miles said. "I'm fortunate to have that commitment from a great institution, a great school as LSU."

Miles has a 85-20 record in his eight seasons at LSU. He's led the Tigers to two SEC titles and the 2007 BCS championship.

"Les Miles is one of the premier coaches in the country and has LSU in contention for championships year in and year out," LSU athletics director Joe Alleva said in a statement. "Only two coaches in the 119-year history of LSU football have coached as many years at this school and only one has won more games. Les Miles has made a commitment to LSU and LSU is solidifying its commitment to Les Miles."

Details of Miles' new contract have not been released.

Copyright 2012 ABC News Radio

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