UNT athletic director Rick Villarreal will be with the university a little longer under terms of his latest contract extension that was released to the Denton Record-Chronicle in response to a Freedom of Information Act request.
I have been asking for it for months, but didn’t get my hands on it until the last couple of days.
The contract extends Villarreal’s deal with UNT to Feb. 28, 2018. His last extension had him under contract until Feb. 28, 2017.
Villarreal’s compensation rate won’t change under terms of the agreement.
Villarreal’s base salary will stay at $275,000. He also receives a $7,200 car allowance.
And I’m sure he will still get to drive a new Jaguar as part of UNT’s deal with Park Place Lexus.
Villarreal picked u a $100,000 bonus in September and has $100,000 bonuses coming in each of the next two years.
There were rumors going around that he signed a 10-year deal. That isn’t the case.
The bottom line is that UNT has come a long way under Villarreal, who arrived at UNT in 2001. The school built Apogee Stadium, the centerpiece of UNT’s athletic village, added a host of other facilities, started a softball program, laid the groundwork to bring back its baseball program and landed a spot in Conference USA.
The deal will keep Villarreal around a little longer to lead the school’s athletic program.