Thursday, June 28, 2012
Tubby Smith Contract Extension
Tubby Smith had his Gophers basketball contract extended for three years with a relatively small salary increase.
Smith's overall compensation with the new deal will depend primarily on incentive bonuses based on his and the team's performance.
Smith has two seasons remaining on his current contract. The new deal will run through the 2016-17 season.
Smith's current annual compensation is a bit over the $2 million mark. Salary has not been an issue during negotiations relative to buyout compensation should Smith be terminated before the end of the contract.