The school announced details of the agreement on Wednesday.
The 52-year-old was named Friday as LSU’s new offensive coordinator, replacing Greg Studrawa. Studrawa will return to strictly being the Tigers’ offensive line coach.
Formerly offensive coordinator with the Baltimore Ravens, Cameron’s pay next season would be equivalent to that of LSU defensive coordinator John Chavis.
Chavis signed a three-year deal last year, paying him $900,000 in 2012, $1.1 million this season and $1.3 million in 2014.
Cameron’s contract must still be approved by the LSU Board of Supervisors. The next board meeting is scheduled for March 18.