Boise State men's basketball coach Leon Rice's amended contract will be up for approval this week when the Idaho State Board of Education gathers Wednesday and Thursday in Idaho Falls.
Under the terms of his proposed deal, Rice will make $596,573 for the 2014-15 season, an increase of nearly 25 percent from his previous salary of $482,110. His pay will increase by 3 percent each season. He also will earn an automatic one-year extension each time the Broncos reach 18 wins or reach the NCAA Tournament. The contract currently runs through the 2018-19 season.
Rice also will earn a $5,000 bonus for winning the regular season conference championship, $3,000 for reaching the conference tournament championship game and $15,000 for winning the conference tournament. He also will earn $5,000 per NCAA tournament win or $3,000 per game in the National Invitational Tournament (NIT). He'll receive $4,000 for a winning record or $8,000 for hitting 20 wins, whichever is greater. There also is a $5,000 bonus for an at-large NCAA Tournament selection, which the team received in March of 2013.
Rice will also earn a bonus if the team is in the top half nationally in Academic Progress Rate (APR). If in the top 50-59.9 percent, he gets $5,000. If in the top 60-69.9 percent, he gets $7,5000. If in the top 70-79.9 percent, he gets $10,000, and if in the top 80-100 percent, he gets $12,500. His buyout, should he leave Boise State, is $175,000.
Among the State Board of Education documents is a letter from athletic director Mark Coyle to Rice that also notes a one-time $142,000 payment to program's budget for Rice to use at his discretion with Coyle's approval. In April, Rice said he was hoping to obtain additional funds to help charter flights for the team in weekday games and increase the recruiting budget.