The Future Is Bright, Colorado Approves Contract Extensions For Tad Boyle And Linda Lappe
We have plenty more signing day coverage coming your way, but I wanted to take a quick moment and highlight the good news that came today on the basketball front. The University of Colorado Board of Regents today approved contract extensions for the men's and women's basketball coaches Tad Boyle and Linda Lappe. The extensions will keep them on the University's books until April 30, 2016 (and hopefully much longer) and have plenty of bonuses and escalators for success on and off the court. So far, both hires have fantastic and have helped both programs on an upward trajectory in the Pac-12.
CU is proposing that Boyle earn a 3 percent merit raise, increasing his base salary to $165,830. His compensation package is unchanged and amounts to nearly $429,000, which includes, for example, $180,000 for radio, television and public apperances.
Beginning in 2013, Boyle can also earn up to $200,000 annually for incentive compensation, which includes benchmarks such as academic progress for student-athletes. In 2012, his annual incentive compensation can amount to $100,000.
The new agreement also increases performance incentives, with a sliding scale of bonuses for winning records and making it to post-season tournaments. For example, if the team wins 21 regular season games, Boyle will get a bonus of $30,000, which is up from his previous contract that offered $10,000. If he's named "Conference Coach of the Year," he can earn $30,000, up from $10,000. A Buffs' NCAA Championship would net him $750,000, up from his previous incentive of $250,000.
Roll Tad and eh, go Linda (guess we need a nickname there too). A great day for the University of Colorado continues.
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totally deserved
let’s get a nickname for Linda! Other than “we have the most attractive coach in the land.” that’s a terrible nickname, so shut up about it. Jeez
This bowling alley has my favorite restaurant in Pawnee
It should be noted,
that we don’t have the most attractive coach by default (think Pat Summit), but that she would stack up pretty well in most groups.
I wish this went into effect now
He should totally win coach of the year, and hopefully win 21 games. A Buffs NCAA championship should be worth a hell of a lot more than $750k
This bowling alley has my favorite restaurant in Pawnee
Also kind of lost in the shuffle today
is this mockup of the new facilities upgrades that are potentially coming to Folsom. I just hope this thing includes a permanent indoor practice facility, which I assume it probably does considering the size.
https://twitter.com/#!/David_LaRose/status/164828316430372865/photo/1
Anyone know if there is a buyout clause in the contract?
I’m fairly confident Tad loves CU and plans to stay here for a while, he pinky swore remember. In today’s coaching landscape if you have a guy that is successful you need the type of insurance that a buyout clause can provide.
Shoulder to Shoulder
I've heard that Texas A&M definately offered him last year
and he turned them down (obviously). So I think he is commited but I would like to see a large buyout regardless. I want to believe in my heart that the only other job he would take would be Kansas, but who really knows.
Walter Sobchak: "Also, let's not forget - let's *not* forget, Dude - that keeping wildlife, an amphibious rodent, for uh, domestic, you know, within the city - that aint legal either. "
When I talked to him at Media Day this year
He looked me straight in the eye and laughed when I asked about how serious he was about CU being his dream job.
He told me he was absolutely serious about it. His family loves Boulder and is very happy there, which is his first priority in life, and that he’s always loved and wanted to be in Boulder. I know lots of Coaches say they’re very happy where they are, but I believe that he is quite serious when he says that he would be happy to stay here for his whole career.
That was before this extension and before the Pac 12 money kicks in. I think we have Boyle for a long time, and that is a very, VERY good thing.
DAG
Email: David.Gerhardt@gmail.com
by DavidAGerhardt on Feb 2, 2012 10:25 AM MST up reply actions

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