March 9, 2005 Posted at 3:00 p.m.
JONESBORO -- Dickey Nutt will stay at Arkansas State University as Men's Basketball Head Coach under terms of a new three-year contract, subject to the approval by the ASU Board of Trustees. Dr. Dean Lee, Director of Athletics, made the announcement Wednesday afternoon, ending much speculation about Nutt's future at ASU.
The contract will run from April 1, 2005 through March 31, 2008 at the current state line-item maximum salary of $ 113,998 per year. Nutt's compensation package will be supplemented by outside income from a personal services contract, his television program and summer camps at an overall rate comparable to the average for head coaches in the Sun Belt Conference.
Dr. Lee said, "After much deliberation and consultation with Dr. Les Wyatt, the decision was made to offer Dickey Nutt a three-year contract to continue as the head coach of our men's basketball team at Arkansas State University. In the best interests of the University, it was agreed to retain Coach Nutt to provide stability and continuity for the program."
The Indians finished the 2004-05 season with a 16-13 record, 7-7 in the Sun Belt Conference regular season competition.
Nutt's overall record is 150-137 and includes Arkansas State's only NCAA Tournament appearance in 1999. ASU has nine players on scholarship returning next year and signed two high school recruits, Buffalo Island Central's Brandon Ballard and Ashton Farmer from Sikeston, Mo., during the early-signing period last November.
"The University recognizes the service provided by Coach Nutt over the last 10 years and fully expects him and his staff to achieve athletic and academic success, as well as growth of our fan base in men's basketball," said Dr. Lee.
Following the announcement, Nutt said, "I'm very, very thankful to Dr. Lee, Dr. Wyatt and the Board of Trustees for believing in me. This is a great day for me and my family. Jonesboro is my home and I appreciate all the support that has been shown to me."