Butler Basketball Coach Signs Extension

Apparently all you have to do is take a small school’s basketball team to the national championship game in your own backyard, and your employers start throwing money at you. Easy right?

Brad Stevens, head coach of the Butler University Men’s Basketball team, signed a 12-year contract extension that will keep him on the Butler University campus through the 2021-2022 season. It is not hard to understand why the powers that be over at BU would want to wrap up the 33-year old coaching sensation.

Aside from the fact that Stevens and his Bulldogs fell just inches short of winning the NCAA Final Four Championship this past monday at Lucas Oil Stadium in downtown Indianapolis, he is a pretty good coach. Stevens has won more games in his three seasons at Butler than any other coach in NCAA Division I history with 89 wins. Only four coaches in NCAA history have a better winning percentage after three seasons than Stevens’ 89-15 record–which translates to .856 winning percentage.

“We are extremely pleased and excited to announce that we’ve reached a new long-term agreement with Brad, and that he will continue to lead the Butler University men’s basketball program,” stated Butler Director of Athletics Barry Collier.

Butler spokesman Jim McGrath declined to say how much the deal was worth, but it should better Stevens’ total compensation package of $750,000 from last season. Athletic director Barry Collier said Tuesday that Coach Stevens was in line for a pay raise.

“Brad has demonstrated that he’s the right fit for Butler University,” Collier said in a statement. “Our program has grown under his leadership, and we’re excited about our future under his direction.”

Coach Stevens is expected to answer questions at a news conference Friday morning on the schools Indianapolis campus.

While having a coaches’ signature on a contract really doesn’t mean much these days,–the NCAA coaching landscape is filled with tales of long-term contracts beings snubbed for bigger and better paydays elsewhere–it sure is nice to think Brad Stevens will be patrolling the sideline at Hinkle Fieldhouse for the next decade.

“(My wife) Tracy and I are thrilled and very thankful for the opportunity to continue to play a role for Butler University,” stated Stevens.  “We are already looking forward to the 2010-11 season.”

The extension is the first step towards ensuring a successful Butler Bulldogs 2010-2011 season in which everything thy do will be placed under the microscope. The extension also helps dispel rumors that Coach Stevens might be tempted by greener pockets pastures at another university.

What makes the news even sweeter is the fact that Stevens is a local boy. Born and raised in Zionsville, IN, Stevens attended and played basketball atZionsville Community High School. After graduating high school, Stevens went on to play basketball and earn a degree from DePauw University inGreencastle, IN. After college, Stevens tok a job at one of the Circle City‘s finest companies, Eli Lilly & Co. Even though Lilly is one of the top Indianapolis public businesses, Stevens quickly realized that he wanted to work near backboards and not boardrooms.