As expected, the University of Colorado Board of Regents on Thursday approved the annual automatic one-year contract extension for men’s basketball coach Tad Boyle.
Per terms of the revamped contract Boyle signed following the 2012-13 season, a one-year extension is invoked automatically if neither side — Boyle and his representatives, or the university — opt out by Dec. 31. Neither side did so by the end of 2017.
The terms of Boyle’s contract have not changed and he still is making about $1.5 million per year in base salary and other benefits. His contract now runs through the 2022-23 season.
In his eighth season as the leader of the CU men’s program, the Buffaloes’ victory on Wednesday night against Cal gave Boyle a career mark of 163-105 at CU and 219-161 overall in 12 seasons as a Division I head coach. The Buffs have reached the NCAA Tournament four times during Boyle’s tenure and reached the final four of the NIT at the end of his first season in 2010-11.
Only Ricardo Patton (184) and Sox Walseth (261) have earned more wins as the CU men’s basketball coach. The Buffs need just two wins over the next six games to assure Boyle of his seventh .500-plus regular season in eight years of leading the program.