UL basketball coach Bob Marlin agrees to five-year contract extension

Photo courtesy: The Daily Advertiser

UL basketball coach Bob Marlin has agreed to terms on a five-year, $2.5 million contract extension with the school, KATC’s Travis Webb reported Friday.

The “pending contract” was agreed to last July 23, will run through 2020 and “will be voted on by the University of Louisiana system (board) for approval next week,” according to the report.

UL athletic director Scott Farmer confirmed late Friday night that Marlin has “a new contract up for Board approval on Thursday.”

If details are true as reported, which is believed to be the case, Marlin will earn $455,000 in the coming 2015-16 season — a $55,000 raise in annual base/subsidy pay compared to terms of his previously extended contact.

The former Sam Houston State head coach originally signed a five-year contract with the program in 2010 starting at $275,000 per season in base pay ($180,000 from the school, with the rest from the Ragin’ Cajun Athletic Foundation).

Under the terms of a five-year extension from 2012 that was to have run through the end of March 2017, he was making $400,000 per season — $180,000 from the school, with the remaining $220,000 from RCAF.

According to the KATC report, “Marlin is set to make $455,000 in his first year of the new extension with $25,000 pay increases every year after. The university will pay him $180,000 annually and the rest will come from outside funding. Marlin will also receive a $72,000 signing bonus. … The deal also has many incentives for Sun Belt championships, postseason appearance(s) and academic performance.”

His pay from the school, therefore, does not increase, but the RCAF subsidy does significantly.

Marlin’s Cajuns won the Sun Belt Conference Tournament title and went to the NCAA Tournament in 2014, and they won two games before being eliminated from this year’s CollegeInsider.com Tournament.

Two of Marlin’s Cajuns have played for USA Basketball teams since he’s been at UL — point guard Elfrid Payton, now with the NBA’s Orlando Magic, on the gold medal-winning U.S. team at the 2013 FIBA

Under-19 World Championships at the Czech Republic, and big man Shawn Long, who plans to return for his senior season in 2015-16, on a bronze-medal winning U.S. team at this year’s Pan-American Games in Canada.

Although not on the national team’s 34-man roster of those under consideration for the 2016 Summer Olympics, Payton took part earlier this month in a USA Basketball Showcase in Las Vegas that featured several NBA stars who are.

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