Nebraska basketball had a pretty interesting season. The Huskers fell on the wrong side of the bubble after playing a relatively weak schedule. However, the team, which is not exactly a hoops power, finished 22-11 and set a program high in conference wins. As a result, a Tim Miles contract extension has been announced.
Miles entered the year with some hot seat talks. After leading the Huskers to the NCAA Tournament for the first time since 1998 in 2014, Nebraska spent three years under .500. The 22-win season, which featured a fourth-place 13-5 regular season finish in the Big Ten, was clearly enough to give Miles some more wiggle room.
Tim Miles received a one-year extension. It is not the big extensions that you often see for coaches that need something to sell on the recruiting trail, but after a few years with his status up in the air, it will likely help.
Miles spoke about his extension after news broke. From the Omaha World-Herald:
“I’m excited about our progress, so the length isn’t a big deal to me," Miles said. “I’m glad Bill saw fit, and the upper administration, to extend me. There are times that will help in recruiting.
“But I’m really just thrilled to get on the floor and be working with these guys in the spring and look forward to next year."
According to the report, this new Tim Miles contract extension keeps his salary and buyout the same.
Miles will make $2.375 million next season. This season, he was the 33rd-highest paid head coach in the country, per USA Today. This announcement takes Miles' deal through 2021.
His total pay was ranked eighth in the Big Ten, behind Purdue's Matt Painter and just ahead of Wisconsin's Greg Gard. Ohio State head coach Chris Holtmann, who just finished his first season in Columbus, was the third-highest paid coach in the country, and tops in the conference.
Overall, Tim Miles is 97-97 since becoming Nebraska head coach ahead of the 2012-13 season. He is just 46-62 in Big Ten play, but his 13-5 mark this year was a major improvement, and the best conference record Nebraska has had in decades. Back in 1966, Joe Cipriano's Cornhuskers finished 12-2 in Big Eight play.
Given Nebraska's lack of basketball history, giving Miles some more room to work is likely the right move. He has taken the team to the NCAA Tournament, and back on the precipice of it again this year. Even with expectations rising, that is far better than Nebraska has done in a long time.