University at Buffalo Men's Basketball Coach Nate Oats on March 12, 2018 before Buffalo's trip to Boise for the NCAA Tournament (WBEN Photo/Mike Baggerman)

UB, Oats Agree to Contract Extension

Five year deal signed after quarterfinal win

March 14, 2019 - 4:14 pm
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Cleveland, OH (WBEN) UB men's basketball coach Nate Oats has signed a five year contract extension, shortly after the Bulls defeated Akron in the MAC tournament quarterfinals.

The new contract makes Oats the highest paid coach in the Mid-American Conference with an annual salary of $837,000 which includes a base salary of $612,000 and $225,000 to be raised through philanthropic gifts designated to the men's basketball program.

Oats has coached the Bulls to a top 25 ranking this season a 29-3 overall record.

"This new contract for Nate is extremely well deserved," said Athletic Director Mark Alnutt. "I have been extremely impressed on how he has built this program to one that deserves national attention and respect. I would like to thank Dr. Tripathi for his leadership and tremendous support for our student-athletes and our athletic program as a whole. Furthermore, this could not have been done without the support of our dedicated fans base. I look forward to working with Nate and his staff for the remainder of this season and for many years to come."

"Our family and our coaching staff are extremely thankful for the appreciation shown for the job we have done by President Tripathi, Mark Alnutt, and the entire administration at UB," said Oats. "The support from our community, fans, and boosters has been nothing short of incredible. We love it in Buffalo and look forward to continuing to build on what we have going here."

Oats is one of 11 semifinalists for the Werner Ladder Naismith National Coach of the Year, and a finalist for the Skip Prosse Award, which is presented annually to those who not only achieve success on the basketball court but who also exhibit strong moral character.

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