The Southern University System Board of Supervisors has approved a contract extension for head men's basketball Roman Banks.
Banks took over the program two years ago and his current contract was set to expire after the 2013-14 season. Now he has a new five-year deal that will pay him $165,000 in base salary. He could make more than $200,000 by meeting performance-based incentives included in the new contract. Banks made a base salary of $115,000 in his first two seasons as head coach.
The extension comes on the heels of Banks leading Southern to its first NCAA tournament in seven years and a scare of No. 1 seed Gonzaga in the first round. Banks was named the Southwestern Athletic Conference’s co-coach of the year after the Jaguars posted a 23-10 overall mark, finished second in the SWAC’s regular season and won the SWAC tournament title.
In addition, the former Northwestern State point guard has helped rid Southern of the APR issues he inherited two years ago.
“He is a tremendous ambassador of Southern University,” Athletic Director Will Broussard told "The Advocate"newspaper.
Broussard said the new deal puts Banks behind only Texas Southern’s Mike Davis on the list of the SWAC’s highest-paid basketball coaches