Bill Moos said a contract extension for Tim Miles would happen sometime shortly after the Final Four, and Nebraska's director of athletics was true to his word.
Husker men's basketball coach Tim Miles was given a one-year contract extension, the school announced early Tuesday afternoon.
The deal extends Miles' contract through the end of the 2020-21 season. His current contract was set to expire March 31, 2020.
The school made the official announcement early Tuesday afternoon after reports had emerged late in the morning that a deal was indeed in place.
"Tim and his staff did an outstanding job this season with 22 wins and 13 Big Ten Conference victories. That type of performance certainly merits an extension of Tim's contract as the leader of our men's basketball program," Moos said in a news release. "I have been very impressed with the energy and passion Tim provides for the Nebraska men's basketball program, as well as his commitment to his staff and the young men on our team."
Reached Tuesday afternoon while on the road recruiting, Miles said he and Moos never had involved contract discussions during their postseason meetings, other than the coach asking the athletic director to extend his deal and Moos informing the coach of what the administration had decided.
"And that's fine, because those are up to our administration to decide," Miles said. "I don't coach for a contract. Never have. When I was the Mayville State guy or the Nebraska guy, it's all the same."
A source told the Journal Star that the one-year extension is identical to the final year of Miles' current contract. Miles is scheduled to be paid $2.5 million in 2019, the final year of his deal before the extension, with performance bonuses tied to the Huskers winning the Big Ten regular-season or tournament titles, and appearing and winning games in the NCAA Tournament.
Miles' buyout remains the same as well. If he is fired, Miles will be owed $105,000 per month from Nebraska for the remainder of his contract. That number would change if Miles is hired by another school. Miles’ contract includes a mitigation clause that would decrease NU’s payments based on Miles' contract with his new school.
"I'm always thankful for more time. It does show support, and it shows that we're moving this thing forward," Miles said. "We have an exciting team coming back, and I'm happy to keep building on that."
Miles did not receive extensions after the 2015-16 and 2016-17 seasons from previous Nebraska director of athletics Shawn Eichorst, leaving him to coach this season with two years remaining on his deal. The Huskers went 16-18 and 12-19 in those two seasons.
Shortly after the end of the 2017-18 season, in which the Huskers were picked 13th in the Big Ten preseason poll, then went 22-11 overall and 13-5 in the Big Ten, Moos said Miles would return as coach next season and that details of an extension would be worked out after the Final Four.
Now, two weeks and one day after the national championship game, both sides have come to an agreement.
Nebraska is set to return five players who started 13 or more games last season, with a senior class that will feature James Palmer, Isaac Copeland and Glynn Watson.
Palmer, Copeland and sophomore Isaiah Roby have all requested evaluations from the NBA Undergraduate Advisory Committee, but none has hired an agent in order to retain amateur status.
All three players are able to begin attending workouts scheduled by NBA teams starting April 24, and will be eligible to participate in the NBA Draft Combine from May 16-20 if selected for the event.
The players have until May 30 to either stay in or withdraw from the draft.
Should all three players stay at Nebraska, and the rest of the roster stays intact, the Huskers will return their top four scorers, top four rebounders, four of their top five in assists and four of their top six in blocked shots next season.
Those players accounted for 79 percent of Nebraska’s points in 2017-18, along with 73 percent of rebounds, 75 percent of assists and 75 percent of blocked shots.
NU will add at least two players in a recruiting class that features forwards Karrington Davis and Brady Heiman. Standout guard Xavier Johnson recently said he has requested his release from a national letter of intent with NU after former assistant Kenya Hunter left for UConn.
Nebraska has reached out in recent days to former Papillion-La Vista standout Ed Chang, a 6-foot-8 forward who recently decommitted from Washington, and Dachon Burke, a transfer from Robert Morris who averaged 17 points per game last season. Chang would be immediately eligible. Burke would have to sit one season before being able to play two.
There's also the matter of hiring an assistant coach to replace Hunter, and prepare Palmer, Copeland and Roby for potential NBA workouts.
"No question, we've got work to do. We've got recruiting of staff, recruiting of players, working with our guys to get them better and better, and working with those guys that are trying to test the (NBA) waters to get some workouts," Miles said. "So we've got plenty of work to do in the spring, and I'm excited to be doing it."