Laramie, WY, United States (4E Sports) – Wyoming has signed men’s basketball coach Larry Shyatt has signed a five-year extension that will keep him with the university through 2019.
According to sources, the deal is worth $3.6 million. Shyatt’s total guaranteed compensation package will earn him over $700,000 in 2014-15. Included in that package is a base salary of $205,008 in 2014-15.
Shyatt has led the Cowboys to a 78-50 record and to postseason play during his four seasons as head coach. He also dramatically improved the academic standing of the men’s basketball student-athletes during his tenure.
Shyatt also served as head coach of the Cowboys for the 1997-98 campaign and returned in the spring of 2011.
“I believe Coach (Larry) Shyatt has done an outstanding job of building our program for the future,” said athletic director Tom Burman. “On the court, our team is now competitive with the top teams in our conference and nationally.
“We are pleased that we have been able to instill a winning culture, both in the way our team members perform academically and on the court,” Shyatt said in a statement released by the school.
“We are certainly not satisfied with where our program is at, and our goal is to move our program into the upper echelon of the Mountain West. For us, it is about building a successful program, not simply building a winning team,” he added.