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Aggies, Jans agree on contract extension

New Mexico State men’s basketball coach Chris Jans, shown after his team captured the Western Athletic Conference title last March, has had his contract extended. (NMSU photo)

LAS CRUCES – New Mexico State announced an amendment this week that added an additional year to the contract of men’s basketball coach Chris Jans and an increase to his retention bonus.

Jans contract now runs through the 2022-23 season. His base salary of $290,000 and buyout remains the same, but through private donations over the life of the contract, the retention bonus increased to $216,000.

Jans will receive the retention bonus on Nov. 1. New Mexico State paid Jans a retention bonus of $159,000 after Nov. 1, 2018. Prior to the new amendment in his contract, he would have been paid a retention bonus of $139,000 in November.

NM State athletics director Mario Moccia first announced the new deal in March following the Aggies’ close loss to Auburn in the NCAA Tournament. NM State leadership signed the contract during the team’s Sixth Man fundraiser on Tuesday.

Moccia said $175,000 of the $216,000 comes from private giving.

“Retaining Chris Jans was a top priority for the athletic program,” Moccia said. “I’m appreciative of the donors who allowed us to move Chris’s salary into at least the zip code of the peers who he is competing against. I think we did a creative job not spending department money while keeping what many consider to be the No. 1 assert in the department.”

The retention bonus is comprised of:

  • An original three-year commitment of $65,000 from eight donors

$33,000 of funding for three years from a basketball coach retention fund that was pledged by former NM State donor Stan Fulton.

  • A new $104,500 two-year donor commitment that translates to approximately $77,000 in new salary dollars according to Moccia.
  • $41,000 from deficit savings approved in 2018.

In addition to the additional season and increased retention bonus, Jans has the option to either enhance his salary or that of his staff if the Aggies essentially add a guarantee games over $95,000 this season or $100,000 in future seasons.

NM State plays at Arizona on Nov. 17 in a guarantee contract worth $95,000 and at Mississippi State on Dec. 22 in another guarantee game.

All three assistant coaches had salary increases as a result of this year’s schedule.

“By the time we signed the contract, moving forward we set $100,000 as a hard number that we need every year as an athletic department,” Moccia said.

Jans made an estimated $527,000 this season, which included base salary, a retention bonus and multiple performance incentives.

Jans is 58-11 in his two seasons at New Mexico State  The Aggies open the season on Nov. 5 against Western New Mexico at the Pan American Center.

HARRIS HURT: Senior point guard A.J. Harris will need surgery on a broken finger and is expected to miss eight weeks, the Sun-News reported.

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