LSU head coach Les Miles is expected to have a “special meeting” with his players on Monday afternoon, with multiple outlets reporting that LSU is prepared part ways with the longtime coach.

Sources told Pat Forde of Yahoo Sports the decision is not final, but the "staggering" buyout won't prevent LSU from cutting ties with Miles. According to figures compiled by USA Today, Miles earns $4,385,567, making him the ninth-highest paid coach in college football.

Poor showings in recent games appear to be the main factor for LSU athletic director Joe Alleva and his athletic board. After beginning the season 7-0, LSU has lost three straight games, all by double digits, and dropped out of the AP Top 25 for the first time all season after a 38-17 loss to Ole Miss in Oxford on Saturday.

In 2014, LSU lost the Music City Bowl to Notre Dame to finish tied for sixth place in the SEC with an 8-5 record.

Miles has won 10 or more games seven times in his 11 seasons as LSU's coach but he has also lost three or more games four years in a row, including this season. The Tigers also have a five-game losing streak against SEC rival Alabama following their win in the “Game of the Century” in 2011.

Miles, 62, has won 78 percent of his games at LSU and led the Tigers to the 2007 National Championship. He joined LSU in 2005, after serving as head coach of Oklahoma State from 2001 to 2004. He was considered a candidate for the Michigan vacancy in Dec. 2014.

LSU hosts Texas A&M on Friday in the final game of the 2015 regular season.