Report: Arizona coach Sean Miller up for contract extension

0 Comments

Arizona head coach Sean Miller is in line for another contract extension.

According to Bruce Pascoe of the Arizona Daily Star, the Arizona Board of Regents will meet next week and will vote on whether to extend Miller’s deal through the 2019-20 season.

Under the new plan, Miller will be 25-percent vested as of next year and half-vested in 2018, and the entire amount will be available to him as of June 1, 2020 if he leaves for any reason.

If Miller stays until 2016, he’ll also receive the full amount of his other retention plan — the $2.1 million fund UA has been setting aside for him at a rate of $300,000 per year. So if he left in July 2016, that means he could take home about $3.5 million in total retention bonuses plus his $2.5 million in guaranteed pay for next season.

Following Arizona’s Elite Eight run in 2014, the board approved an extension for Miller, which bumped his salary to $1.6 million. If he approved, the one-year extension will increase his salary by $100,000 according to Pascoe.

Miller is 163–52 (79–29 Pac-12) in his six seasons with the Wildcats. This past March, he led Arizona to the Elite Eight for the third time.

This has been a busy offseason for Miller, as he was also named head coach of USA Basketball’s U19 team. He will coach the team in the 2015 World Championships next month in Greece.