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BOISE-- Boise State men s basketball head coach Leon Rice is staying put with the Broncos. After reports that Rice had interviewed with Washington State earlier this week, Boise State released a statement on Saturday saying that Rice and the university have agreed to new terms of a five year contract.

Under the new agreement, Rice will receive a $100,000 dollar salary increase for the upcoming year, bringing his salary to $596,573 for the 2015 fiscal year. Rice will also receive a three percent increase to his salary for the remaining four years of his contract.

Under the new contract, the automatic extension was also revised. Rice will have one year automatically added to his contract for each season in which a team has at least 18 wins or advances to the NCAA Tournament.

The new contract is subject of approval from the Idaho State Board of Education and is an amendment to his prior contract.

I am really excited for the future of Bronco basketball, Rice commented via the Boise State release. There has been a great commitment to grow this program. There's a commitment from our administration, our student-athletes and our fans. That's what has me looking forward to continuing to build what we have here at Boise State.

In his four years as head coach of the Broncos, Rice has coached his team to three 20-win seasons. He has amassed a 77-54 record, and led the Broncos to their first ever at-large bid to the NCAA Tournament in 2012-2013.

Leon Rice has done an outstanding job directing our men s basketball program and we look forward to many more successful seasons, BSU athletic director Mark Coyle stated. We feel the best years of this program are ahead of us and we are very excited Leon will be leading our men s team.

Neither Rice nor Coyle are available for further comment, as they are both out of town over the weekend.

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