Patton, CU Agree to Extension

His methods are controversial and his attitude is sometimes a little hard to swallow, but his achievements can't be disputed, and his reputation around the University of Colorado is one that few in its athletic history have been able to match. The University of Colorado Board of Regents on Thursday approved a new three-year contract extension for Men's Basketball Coach Ricardo Patton during a regular meeting in Denver. The deal extends Patton's tenure on the Colorado bench to June 30, 2007.

Patton will begin his eighth full season with Colorado this winter after being named interim head coach during the remainder of the 1995-96 season after Joe Harrington resigned midway through the season. Patton was then named head coach on a permanent basis March 5, 1996.

"We are pleased to secure Coach Patton's leadership of our men's basketball program for another three years and look forward to his continuing successes, both on the court and in mentoring our student-athletes," said CU-Boulder Chancellor Richard L. Byyny. "Coach Patton's commitment to integrity and his coaching skills represent a winning combination for us and our student-athletes. This contract extension underscores our confidence in and appreciation of his leadership abilities."

"I am pleased that Ricardo's extension has been approved. He has continued to conduct the CU basketball program with integrity and the right sense of values – and his students are graduating," Athletic Director Richard Tharp said of the deal. "The success of last season, including an invitation to the NCAA tournament, is a tribute to hard work and doing things the right way. CU is fortunate to be able to retain Coach Patton."

Indeed, much of Patton's record speaks for itself. The Nashville, TN native has led CU to a pair of NCAA Tournament (2002-03, 1996-97) and NIT berths (1999-2000, 1998-99) during his seven full seasons with the Buffs, including a pair of 20-win seasons. Additionally, Patton currently ranks third all-time in school history with 125 career victories and was the only coach to defeat both Final Four participants Kansas and Texas last season.

Under the contract extension, Patton's base salary for year will be $153,250. Additional compensation will include an automobile allowance of $7,200, $117,395 per year for television and radio appearances, $28,800 supplemental salary for promotions and fundraising, $129,550 per year NIKE allowance, $150,000 per year as deferred compensation and various performance incentives; which is said to be distributed to University-specific charitable organizations.

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