Colorado State’s Larry Eustachy receives contract extension through 2019

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Just before their 80-70 win over Georgia State Friday night, Colorado State announced that the contract of head coach Larry Eustachy has been extended through the 2018-19 season. According to Matt L. Stephens of the Coloradoan financial terms of the deal won’t change as a result of the school’s decision to pick up the option on Eustachy’s original contract.

No new financial arrangements were agreed to, meaning Eustachy, in his third season with Colorado State Unviersity, will make $928,200 this year, an increase of $18,200 over last season. He earns an annual raise of 2 percent — excluding bonuses — which will make his base salary $1.005 million in 2018-19.

His buyout remains at $4.5 million through the end of the 2017-18 season. The next season, it decreases to $2.25 million.

After leading Colorado State to a school-record 26 wins and an NCAA tournament appearance in 2012-13, Eustachy’s Rams finished the 2013-14 season with an overall record of 16-16. With their transfer-laden squad the Rams are expected to take a step forward this season, with the conference’s media members picking them to finish fifth in the preseason poll.

Seniors J.J. Avila and Daniel Bejarano return as the team’s leading scorers, and newcomers such as guard Gian Clavell and forward Stanton Kidd will be factors as well.