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CU Board of Regents approves automatic one-year extension for Tad Boyle

As expected, the University of Colorado Board of Regents on Thursday approved the annual automatic one-year contract extension for men's basketball coach Tad Boyle.

Per terms of the revamped contract Boyle signed following the 2012-13 season, a one-year extension is invoked automatically if neither side — Boyle and his representatives, or the university — opt out by Dec. 31. Neither side did so by the end of 2017.

The terms of Boyle's contract have not changed and he still is making about $1.5 million per year in base salary and other benefits. His contract now runs through the 2022-23 season.