Board of Regents Briefing Paper
BOARD OF REGENTS BRIEFING PAPER 1. Agenda Item Title: Men’s Basketball Head Coach Employment Agreement for Marvin Menzies Meeting Date: April 22, 2016 2. BACKGROUND & POLICY CONTEXT OF ISSUE: This is a five-year Head Coach Employment Agreement (April 22, 2016 through June 30, 2021) for Marvin Menzies to serve as the Men’s Basketball Head Coach at UNLV. Menzies recently served as the Head Coach for New Mexico State University from June 2007 to April 2016. He received his Bachelor’s degree in economics from the University of California, Los Angeles and a Master’s degree in education from California State University, Sacramento. 3. SPECIFIC ACTIONS BEING RECOMMENDED OR REQUESTED: UNLV Athletics is seeking approval for a five-year contract from April 22, 2016 through June 30, 2021 for Men’s Basketball Head Coach. If approved, beginning on April 22, 2016 through June 30, 2021, the employee’s annual compensation will be as follows: • 2016-17: Base- $350,000; Media- $350,000; Ticket Sales- $200,000 max. ($3.6M threshold) • 2017-18: Base- $350,000; Media- $350,000; Ticket Sales- $200,000 max. (four-year average*) • 2018-19: Base- $350,000; Media- $350,000; Ticket Sales- $200,000 max. (four-year average*) • 2019-20: Base- $400,000; Media- $400,000; Ticket Sales- $250,000 max. (four-year average*) • 2020-21: Base- $400,000; Media- $400,000; Ticket Sales- $250,000 max. (four-year average*) Finally, the employee is eligible for a series of incentives of up to $250,000 per year, based upon team performance. The employee is not eligible for merit increases or cost of living (“COLA”) increases.
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