Back on March 28th, Chris Beard accepted a contract agreement in principle to become UNLV’s new head coach. The contract is still pending approval by the Nevada System of Higher Education Board of Regents, which conduct a special meeting on Friday at noon to consider wether to approve the five-year contract deal or not.
Here is the PDF of the contract details that the board will consider (it’s actually a pretty interesting read):
HEAD BASKETBALL COACH CONTRACT CHECKLIST
Some highlights of items being considered are:
- In 2016-17, Beard would earn between $900,000 and $1.1 million. Of that potential total is up to a $100,000 bonus if revenue from ticket sales reaches at least $3.4 million, which didn’t occur in four of the past 10 seasons. Musselman can receive up to $500,000 with a trigger at $1.2 million.
- In 2017-18, Beard would between $950,000 and $1.2 million.
- In 2018-19, his salary range is between $1.3 million and $1.5 million. That is because a $300,000 retention bonus kicks in.
- In 2019-20, Beard can make between $1.4 million and $1.7 million. His ticket-revenue bonus rises to as much as $200,000, but the trigger also increases to $3.6 million.
- In 2020-21, his salary range is $1.2 million to $1.5 million because the retention bonus drops to $100,000.
