University of Wyoming Athletics Director Tom Burman announced Wednesday he is in negotiations for a contract extension with head men’s basketball coach Larry Shyatt.
Details of the extension should be finalized in the near future. Shyatt recently completed his fifth season at Wyoming. He has guided UW to postseason berths in each of his first five seasons at the helm, after a NIT appearance in 1998, CBI appearances in 2012 through 2014 and the NCAA tournament in 2015.
“We are committed to coach Shyatt and his entire staff,” Tom Burman said in a press release. “Larry and his staff have done an outstanding job of building a program here at Wyoming that Cowboy fans can be proud of. We are currently working on the details of Coach Shyatt’s extension, but we want everyone to know that we look forward to our current staff being here for years to come.”
Shyatt came to Wyoming after seven seasons as an assistant at Florida and was announced as the 21st head coach of the Cowboys on March 31, 2011. During his 40 years as a college coach, Shyatt has been a part of 25 teams that earned postseason bids. Of those 25 postseason teams, 10 made NCAA Tournament appearances, with four advancing to the “Sweet 16”, three to the “Elite Eight” and two to the “Final Four” and two National Championships in back to back seasons with the Florida Gators in 2006 and 2007. He coached 12 teams to National Invitation Tournament (NIT) appearances. Three of those NIT teams advanced to the semifinals at Madison Square Garden in New York City, and one played in the NIT Championship Game. Entering 2015-16, Shyatt has a 173-144 overall record in his 10 seasons as a head coach, including 103-60 in five seasons at Wyoming.
Just last year Shyatt extended his contract through the 2018-2019 season. His old contract was good for a five-year deal, a base salary of $205,008 for the 2014-2015 season, and is guaranteed a compensation package for 2014-2015 which was north of $700,000.
“The Shyatt family is proud to continue the process of developing a successful program here at Wyoming and I look forward to finishing my collegiate coaching career here,” Shyatt said.
Larry Nancy Jr. scores against the New Mexico Lobos earlier this season. Head coach, Larry Shyatt is negotiating a contract extension without further details.
