- Ryan considered stepping down after national runner-up finish
- Badgers have been to Final Four in each of past two seasons
Bo Ryan, whose University of Wisconsin men’s basketball team lost in the national championship game to Duke in April, will retire after the 2015-16 season.
“I’ve decided to coach one more season with the hope that my longtime assistant Greg Gard eventually becomes the head coach at Wisconsin,” Ryan, 67, said Monday in a statement released by the school after rumors about his future began circulating on social media.
Ryan said that after the season he discussed the possibility of retirement with school Athletic Director Barry Alvarez, who encouraged him to take time in making a decision.
Ryan will be paid $3.35 million next year, according to contracts obtained by Bloomberg News through open records requests. Though his deal runs through May 2019, he’ll owe no damages to the Madison, Wisconsin, university unless he takes another coaching position within one year of stepping down.
Ryan is 357-125 since joining Wisconsin in 2001 and 740-228 for his career, also having coached at Wisconsin-Milwaukee and Wisconsin-Platteville, where he was a four-time Division III national champion. He was an assistant for the Badgers from 1976-1984 before becoming a head coach.
The Badgers went 36-4 last season, falling 68-63 to Duke in the April 6 title game. It was their second straight trip to Final Four.
Gard, currently Wisconsin’s associate head coach, will be heading into his 15th season with the team.