Weir currently has a 58-60 record at UNM and a career record of 86-66 after coaching one season at New Mexico State University. New Mexico State will still get its money. New Mexico and head coach Paul Weir have mutually agreed to part ways after the conclusion of the season, according to Albuquerque Journal‘s Geoff Grammer.. Weir, 41, is in the fourth year of his six-year contract and is 86-67 overall with the Lobos. The Rise and Fall of Paul Weir ... You can backload a contract, that’s what Alford’s contract at Nevada is. Paul Weir – New Mexico. Frank Martin, Tim Miles and Joe Golding could be potential candidates for New Mexico basketball’s head-coaching vacancy. University of New Mexico men’s basketball head coach Paul Weir will step down at the conclusion of the 2020-21. He appears to be the leading candidate to replace former UNM coach Paul Weir. You’ll remember as part of his contract, UNM paid for Weir to finish his Ph.D. at New Mexico State. The buyout will be privately funded. Paul Weir's NMSU buyout: 1/2 base salary for remainder of contract= $500K ($125K X 4yrs, Weir got extension through 2021 w/ WAC Tourney … And the move isn't costing the University of New Mexico anything. Paul Weir was named the 21st head men’s basketball coach at The University of New Mexico in April of 2017 and is entering his fourth season at the helm of the Lobos in 2020-21. Together, the standard printed employment contract, the Addendum, and this First Amendment to Addendum and Coach Weir's standard printed contract shall be referred to as the "Agreement." Total Compensation: $775,000* Additional Compensation: ... Contract Term Ends: April 15, 2022; term shall be extended such that there are five years remaining at the end of each season as long as team finished the regular … Lobo Basketball Coach Paul Weir becomes auto burglary victim Michael Conroy/Associated Press file photo ... Pitino was still Minnesota’s coach and he was still raking in … Weir also still owes NMSU $275,000 for breaking his contract for the Lobos’ job. But, after an addendum signed Monday to the employment contract of Lobos men's basketball coach Paul Weir, the former Aggies coach is no … ALBUQUERQUE, N.M. — UNM Men's Basketball Coach Paul Weir has issued a statement following Friday's announcement that he will part ways with the Lobos at the end of the season.. Weir … Originally asking for $700,000 over the final two seasons he won’t coach, both sides have settled on a total of $490,000. His is 10 years but UCLA is still paying him so … contract between The Regents of the University of New Mexico ("University") and Paul Weir ("Coach Weir"), who shall collectively be referred to as "the Parties." Weir’s exit was announced on Friday, Feb. 26. Weir is currently in the fourth year of his six-year contract and a buyout has been agreed upon.