K-State gives Weber two-year contract extension

Kansas State athletic director Gene Taylor has mentioned several times his confidence in basketball coach Bruce Weber.

He proved it on Tuesday.

Taylor announced Tuesday afternoon that Weber has agreed to a two-year contract extension, good through the 2020-2021 season.

Compensation plans will remain the same as the extension Weber signed in 2013, which call for a $2.15 million salary for the 2017-18 season with annual increases of $100,000.

“I have had the opportunity to observe our men’s basketball program and visit with Bruce on multiple occasions since I became athletics director,” Taylor said in a statement. “I couldn’t be more pleased with the type of person we have leading our program – Coach Weber is well-regarded throughout college basketball as an outstanding coach and a man who conducts his program with integrity and class.”

Weber’s buyout will remain at $2.5 million, as agreed to on his 2013 extension, but that amount decreases significantly to $500,000 on May 1, 2019.

“My goal is to provide the support and resources for all our teams to find success and have the opportunity to win championships,” Taylor said. “We have won a Big 12 championship under his leadership and are confident about the state of the program and the potential of this year’s team. It is our hope we can continue to build upon the success of last season’s NCAA Tournament berth and first round victory."

Weber was hired on March 31, 2012.