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LIVE: Trustees to OK Lovie's deal

Staff writer Julie Wurth is in Urbana for today’s University of Illinois Board of Trustees meeting. Follow Julie on Twitter here.

URBANA — University of Illinois trustees are set to take formal action on the appointment of football Coach Lovie Smith as they meet this morning at the Illini Union.

Smith’s six-year agreement includes $21 million in direct compensation, plus other incentives:

— He’ll receive $2 million each of the first two years of the contract, $3 million in the third, $4 million in the fourth and $5 million in years five and six.