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Tad Boyle gets one-year contract extension; Jesse Mahoney gets a three-year deal

Details on two new contracts came out of the Board of Regents meeting today.

Ron Chenoy-USA TODAY Sports

In their meeting today, the CU Board of Regents approved a one-year contract extension for men's basketball coach Tad Boyle, according to Sarah Kuta of the Daily Camera. Boyle is now under contract through the 2021 season. The extension did not include a pay raise from the roughly $1.5 million Boyle makes now or any additional benefits.

In his sixth season leading the program, the Greeley native holds a record of 125-72. Of the nine seasons in program history in which the team has recorded 19 or more regular season wins, five have come under Coach Boyle. He lead his team to the PAC-12 Tournament championship in 2012 and in his five full seasons the team has made the NCAA Tournament three times.

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In addition to the well-deserved extension for Boyle, the regents approved a three-year contract for new head volleyball coach Jesse Mahoney. Mahoney, who was hired in December, takes over the program from Liz Kritza. Kritza was dismissed after tallying a 90-125 record in seven seasons.

A CU alumni, Mahoney served as the head coach at the University of Denver, where he recorded a record of 88-41, prior to taking over in Boulder. He will make $150,000 per year in base salary, as well as an additional $15,000 for public relations, promotion and fundraising.

Other incentives include $50,000 for a national title and $15,000 for winning the PAC-12. In addition, he is allowed four season tickets for both men's basketball and football.