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Rick is Wright

UNM football, combat sports and whatever else is worth blogging about on a given day

Davie Gets Extension

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Lobos football coach Bob Davie and UNM have agreed to a contract extension that would keep Davie on the South Campus through the 2019 season, it was announced Tuesday morning.
Financial terms remain unchanged.

Athletic director Paul Krebs said he believes Davie has the UNM program headed in the right direction, having guided the Lobos to a 4-9 record and within a touchdown of several other victories last season in his first campaign.
New Mexico had won only thee games total in the previous three seasons.

In November 2011, Davie signed a six-year contract worth $760,000 per year with the potential of another $375,000 in incentives, none of which have yet been realized.

Davie’s contract buyout figure, should he leave for another job, gradually diminishes as follows: $650,000 in year two, $450,000 in year three, $350,000 in year four and $250,000 the remainder of the contract.

Should UNM terminate Davie for performance-based reasons, it would owe him his entire annual salary for the first three years of the contract. The amount then reduces to $350,000.

 

 

 

 

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