~2 weeks ago Buffalo thought they locked him down with an extension.
I like how the contract has lots of incentives, hope Byrne does the same.
Nate Oats, UB agree to contract extension
Terms of Nate Oats' contract extension
Duration: March 14, 2019 ā March 31, 2024
Annual base salary: $612,000
Additional compensation: $225,000
Incentive Compensation
⢠Regular Season Win Total (non-cumulative)
⢠20 wins $10,000 ⢠24 wins $15,000
⢠East Division Championship (sole/shared) $15,000 / $15,000 Asst. Salary Pool
⢠MAC Regular Season Championship (sole/shared) $75,000 / $30,000 Asst Salary Pool
⢠MAC Tournament Championship (sole/shared) $75,000 / $30,000 Asst Salary Pool
Post Season NCAA Tournament (cumulative)
⢠At-large bid $50,000 / $30,000 Asst Salary Pool
⢠Round of 32 appearance $15,000 / $15,000 Asst Salary Pool
⢠Round of 16 appearance $25,000 / $25,000 Asst Salary Pool
⢠Round of 8 appearance $40,000 / $25,000 Asst Salary Pool
⢠Final Four appearance $50,000 / $30,000 Asst Salary Pool
⢠National Championship game appearance $75,000 / $40,000 Asst Salary Pool
⢠National Champions $100,000 / $60,000 Asst Salary Pool
Post Season NIT Tournament bonuses (cumulative)
⢠At-large bid $5,000 / $2,500 Asst Salary Pool
⢠Second round appearance $5,000 / $2,500 Asst Salary Pool
⢠Quarterfinal appearance $5,000 / $2,500 Asst Salary Pool
⢠Semifinal appearance $10,000 / $5,000 Asst Salary Pool
⢠Championship game appearance $10,000 / $5,000 Asst Salary Pool
⢠NIT Champions $20,000 / $10,000 Asst Salary Pool
Individual accolades
⢠MAC Coach of the Year $25,000
⢠Regional Coach of the Year $25,000
⢠National Coach of the Year $50,000
Annual APR rate (non-cumulative)
⢠960 or above $5,000
⢠970 or above $10,000
⢠980 or above $15,000
⢠990 or above $20,000
Buyout structure
⢠Present through postseason play 2019-20 - $750,000
⢠One day after final regular/postseason game of 2019-20 through last game of 2020-21 season - $500,000
⢠One day after final regular/postseason game of 2020-21 through last game of 2021-22 season - $400,000
⢠One day after final regular/postseason game of 2021-22 through last game of 2022-23 season - $350,000
⢠One day after final regular/postseason game of 2022-23 through last game of 2023-24 season - $300,000
NCAA minimum Multi-Year Academic Progress Rate (APR) must be met in order to activate incentive compensation.