Arizona State, Hurley agree to 1-year contract extension

Arizona State head coach Bobby Hurley motions to his team during the second half of an NCAA college basketball game against Colorado, Saturday, Jan. 27, 2018, in Tempe, Ariz. (AP Photo/Matt York)

TEMPE, Ariz. (AP) Arizona State and basketball coach Bobby Hurley have agreed to a one-year contract extension that increases his compensation and runs through 2023.

The Arizona Board of Regents must approve the contract.

Hurley will receive a raise of $700,000 to $2.1 million this July and a signing bonus of $700,000 within 45 days of the contract’s approval. He will receive raises of $100,000 in 2019 and 2020, $200,000 in 2021.

Hurley also will get a $1 million retention bonus on Jan. 1, 2022.

Arizona State reached No. 3 in the AP Top 25 this season, matching the program’s highest ranking, after going 12-0 in nonconference. The Sun Devils (16-5) have stumbled a bit in Pac-12 play at 4-5, but are in position for their first NCAA Tournament appearance since 2014.