CU men’s basketball coach Tad Boyle
CU men's basketball coach Tad Boyle (CU sports information)

DENVER — The University of Colorado Board of Regents voted to extend contracts for men's and women's basketball coaches Tad Boyle and Linda Lappe on Friday.

The board voted to extend both contracts by one year through April 30, 2019. However, there will be no increase in compensation for either coach.

In 2013, both coaches received extensions that included merit raises to their base salaries from $165,830 to $170,805. Boyle received a raise of more than $700,000 per year when factoring in supplemental salary for things like radio and television appearances, and non-basketball related incentives, to make his annual salary $1,490,020.

CU women’s basketball coach Linda Lappe
CU women's basketball coach Linda Lappe (CU sports information)

"When they work with student athletes, (Lappe and Boyle) are really committed to making sure they get their degree, but they also are making sure they do well in the Pac-12," Chancellor Phil DiStefano said. "We have these individuals who value academics as well as athletics and these are the type of individuals I certainly want to keep on the campus."

Boyle's Buffs finished the 2013-14 season with a 23-12 record and reached the Pac-12 Tournament semifinals for the third time in Boyle's four years at the helm. CU also earned a berth in the NCAA Tournament, but for the second year in a row, fell in the round of 64.

Meanwhile, Lappe's team struggled after a fast start to the season. The CU women started 9-0 and were ranked No. 11 nationally in December. After entering Pac-12 play with a 10-1 mark, the only loss being to Louisville, the Buffs fell on hard times and lost 11 of their next 15 games. The women earned a spot in the WNIT and won two home games before falling at UTEP. The Buffs finished the season with a 19-15 record.

Campus officials wrote to the board that Friday's contract extensions are necessary for retaining the two coaches "in light of the prevailing market conditions and competitive employment agreement practices."