Davie, New Mexico agree to two-year contract extension
[dropcap]N[/dropcap]ew Mexico and Bob Davie have agreed to a two-year contract extension, making his new deal a seven-year agreement that runs through the 2019 season.
After 10 years at ESPN, Davie left the broadcast booth in November 2011 in hopes of turning around a Lobos program that had won just one game in each of the previous three seasons. His 4-9 record last season was considered a huge success.
“We are excited about the direction of the Lobo football program on and off the field under coach Davie,” UNM athletic director Paul Krebs said in a statement. “We are committed in building a program that will bring out pride in our fans.
“We believe, more strongly than ever, that coach Davie is the right man to guide our program toward that end, and the extension will help preserve the future growth of the program.”
New Mexico’s only Mountain West win was over Hawaii, who also finished 1-7 in the league. The Lobos lost their last six games of the season, but losses to Boise State, Air Force, Wyoming, Nevada and Colorado State were all by seven points or less.
The financial terms of Davie’s contract remain unchanged. He is scheduled to make $760,000 per year through the end of the agreement.
His buyout is $650,000 in 2013, but drops to $450,000 in 2014 and then to $250,000 the following year through remainder of the contract.
Photo credit: Jim Thompson / Albuquerque Journal