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BOISE STATE ANNOUNCES TERMS OF NEW THREE-YEAR CONTRACT FOR MEN?S BASKETBALL COACH GREG GRAHAM

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GOBRONCOSDOTCOM

            BOISE, Idaho Boise State University has announced terms of new three-year contract with men’s head basketball coach Greg Graham.  The contract is still being finalized and will be presented for approval to the Idaho State Board of Education on June 19 (Thursday).

            The three-year contract includes several incentives that could lengthen the term of the agreement beyond three years.  The additional years may only be earned during the initial three-year term. 

The incentives for additional years are broken down into three categories: three years, two years and one year.  No more than one incentive can be applied in any one season.  Following is the breakdown:

Three-Year Extension

         Win the Western Athletic Conference regular season championship and an NCAA tournament berth, or

         Win 12 conference regular season games, win 21 games overall and earn an NCAA tournament berth

 

Two-Year Extension

         Win 21 games and earn an NCAA tournament berth, or

         Win the conference tournament and have 22 wins overall, or

         Win 10 conference regular season games and earn an NCAA tournament berth, or

         Win the conference regular season championship and advance to the NIT second round, or

         Win 10 conference regular season games and win the conference tournament, or

         Win 10 conference regular season games and advance to the NIT third round, or

         Win 21 games and win the conference regular season championship, or

         Win 10 regular season conference games with 21 wins overall, or

         Win 21 games overall and advance to the NIT second round

 

One-Year Extension

         Earn an NCAA tournament at-large berth, or

         Win regular season conference championship, or

         Win conference tournament championship, or

         Advance to second round of the NIT tournament, or

         Win 10 regular season conference games, or

         Win 21 games during the regular season, the WAC tournament or NIT tournament

 

Graham’s annual salary will be $345,000.  He may earn supplemental compensation each year as follows:

a)      $5,000 WAC regular season champions

b)      $10,000 WAC tournament championship, or $3,000 WAC tournament finalist (greater of the two)

c)      $5,000 per game NCAA tournament appearances

d)      $3,000 per game NIT tournament appearances

e)      $4,000 20 wins

f)       $4,000 Winning record (more wins than losses)

g)      $12,000 NIT championship

h)      $10,000 NCAA tournament “Sweet 16” appearance

 

Graham will also qualify for supplemental pay annually if the four-year Academic Progress Rate (APR) for that year meets the following levels in the national ranking within men’s basketball.  The team must also win a minimum of nine games during the academic year being considered.

         $5,000 50% to 60%

         $7,500 60% to 70%

         $10,000 70% to 80%

         $12,500 80% or above

 

Graham can also receive merit raises to his salary based on the number of wins in a season. 

         5% increase Winning record (more wins than losses)

         10% increase 20 wins

         15% increase 23 wins

         19% increase 25 wins

 

If Graham terminates the agreement during the first year (April 1, 2008 to March 31, 2009) he will pay the university $250,000.  If the agreement is terminated during the second year (April 1, 2009 to March 31, 2010) he will pay the university $125,000.

            As mentioned, the proposed contract is subject to approval by the State Board of Education.