Chances are Tad Boyle won’t be going anywhere any time soon.
University of Colorado athletic director Rick George confirmed that per terms of Boyle’s contract, the leader of the CU men’s basketball team will receive his automatic one-year contract extension this spring. If past scenarios hold form, the extension will be finalized at the Board of Regents meeting in Denver on Feb. 8-9.
The terms for Boyle’s contract calls for either side — Boyle and his representatives, or the university — to give notice by Dec. 31 that they plan to opt out of the automatic one-year extension. George confirmed that neither side gave such notice.
The one-year addition extends Boyle’s deal through the 2022-23 season. The terms of the contract do not change, meaning Boyle’s annual salary remains at about $1.5 million (base salary plus benefits).