A contract extension for LSU women’s basketball coach Nikki Fargas has been re-submitted to the Board of Supervisors for approval.
The proposed three-year extension for Fragas through the 2021-22 season originally appeared on the LSU Board of Supervisors agenda for the June 29 meeting. A series of contracts and extensions were approved for six other coaches in that meeting, but Fargas’ extension was pulled from the resolution.
At the time, LSU senior associate athletic director Robert Munson told The Advocate that the deal was pulled from consideration because Fargas and the school were still ironing out final details of the deal.
The extension now re-appears on the agenda for Friday’s board meeting. Both LSU AD Joe Alleva and Fargas have already signed the extension as it appears on the official agenda, which will take affect pending approval from the board.
Fargas is scheduled to receive no raise from her current $700,000 annual compensation package, but LSU is proposing an increase in her maximum postseason bonus package from $500,000 to $600,000 per year. She can be fired without cause for a buyout package that would pay her $200,000 for each year remaining on the deal.
LSU has reached the NCAA Tournament six times in Fargas’ seven seasons and she owns a record of 132-93. She led the Lady Tigers to regional semifinals appearances in 2013 and 2014.
LSU is also requesting small raises and contract extensions for its co-head coaches in swimming and diving, David Geyer and Douglas Shaffer. The two coaches, who have been in their roles since 2010, would each get two-year extensions through June 2020 and raises from $110,000 to $115,000 per year, according to the agenda.