Louisiana Tech announced a contract extension for HC Lane Burroughs last week.
Here are the details of the contract:
It's a 5-year deal worth $925,000.
2022 -- $175,000
2023 -- $180,000
2024 -- $185,000
2025 -- $190,000
2026 -- $195,000
Burroughs was making $125,000 a year prior to the extension.
Buyout:
Leaves prior to last game of 2022 -- $195,000
Leaves prior to last game of 2023 -- $170,000
Leaves prior to last game of 2024 -- $145,000
Leaves prior to last game of 2025 -- $120,000
Leaves prior to last game of 2026 -- $95,000
Assistant Coach Salary Pool:
It will increase from $130,000 to $150,000.
Here are the details of the contract:
It's a 5-year deal worth $925,000.
2022 -- $175,000
2023 -- $180,000
2024 -- $185,000
2025 -- $190,000
2026 -- $195,000
Burroughs was making $125,000 a year prior to the extension.
Buyout:
Leaves prior to last game of 2022 -- $195,000
Leaves prior to last game of 2023 -- $170,000
Leaves prior to last game of 2024 -- $145,000
Leaves prior to last game of 2025 -- $120,000
Leaves prior to last game of 2026 -- $95,000
Assistant Coach Salary Pool:
It will increase from $130,000 to $150,000.
