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Bob Davie’s New Mexico Contract: Salary and Buyout

HERO Sports by HERO Sports
October 12, 2019
Bob Davie’s New Mexico Contract: Salary and Buyout

On Nov. 30, 2018, six days after New Mexico finished their regular season with a blowout loss to Wyoming, their seventh straight loss after a 3-2 start, Lobos' athletics director Eddie Nuñez announced head coach Bob Davie would return for an eighth season. With that, Nuñez avoided a $1.3-millon buyout.

MORE: Buyouts for Other Coaches

"After meeting with coach Davie, both he and I are looking forward to the 2019 season,” Nuñez said in a statement. “Recruiting is already in full swing. Since taking over in 2012, the team has set records in the classroom, won a division title and qualified for two bowl games. Neither coach Davie nor I were satisfied with the results of last season."

If Nuñez and Davie weren't happy with a 3-9 season that featured one Mountain West win and six losses by at least 18 points, they won't be happy with this season: New Mexico dropped to 2-4 with a home loss to Colorado State in Week 7, their third straight loss, and are now 6-22 since the start of 2017.

Davie signed a contract extension after winning seven games in 2015, adding two years onto the remaining four years, keeping him under contract through the 2021 season. His base salary is only $442,690 each year but he's eligible for several bonuses. 

If fired before his contract expires, Bob Davie is owed a buyout. If that comes after the 2019 season, he's owed $900,000. If fired after the 2020 season, the buyout drops below $500,000.

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