Jul 9, 2013, 10:56 AM EDT
UCLA fans better get on board with Steve Alford as the head coach of their program, because he’s going to be there for a long time.
Yes, he signed a seven-year deal with $18.2 million, but the length and value of a contract does little to dissuade a coach to leave for a longer, more valuable contract should one arise.
The reason that Alford will be locked in at UCLA for the longterm, per a report from the LA Times, is that he’s got an unusually high buyout clause in his contract: if he leaves UCLA before April 30th, 2016 — when he would complete his third year on the job — Alford would have to pay the school a buyout of four times him annual salary, or $10.4 million. If he leaves before four years are complete, his buyout will be $7.8 million. After five years, it is $5.2 million and if he leaves before finishing six years on the job, that number drops all the way to $2.6 million.
Perhaps what makes this buyout all the more surprising is the mirror provision in the contract, meaning that if UCLA decides to fire Alford, they’ll be on the hook for the same buyout structure.
What that means is that Alford will, in all likelihood, be in Westwood for at least five years, and possibly six, making guaranteed money. I don’t care how poorly things are going, I find it tough to believe that UCLA would shell out more than $5 million just to make a coaching change. That’s risky, as it creates little incentive for winning. Alford is going to be getting paid regardless of how well his team performs, and even if they’re at the bottom of the Pac-12 standings throughout his tenure, he’s going to play out the majority of his contract.
Now most coaches are wired as competitors with dogged work ethics; that’s just how you have to be to survive at the high-major level.
The good news is that this guarantees consistency; Alford can recruit and build his program with recruits knowing that he’ll likely be there throughout their college career.
But if anything happens to go wrong, Alford and UCLA are stuck with each other for the long haul.
You can find Rob on twitter @RobDauster.
Apr 18, 2015, 11:58 AM EDT
Illinois landed a huge graduate transfer on Saturday.
Apr 18, 2015, 10:45 AM EDT
Coppin State junior guard Sterling Smith is looking like a prime graduate transfer.
Apr 18, 2015, 9:35 AM EDT
Kentucky five-star big man Skal Labissiere believes that the NCAA will allow him to play this season.
Apr 17, 2015, 10:23 PM EDT
Cheick Diallo won named MVP for both the McDonald’s All-American Game and Jordan Brand Classic.
Apr 17, 2015, 9:30 PM EDT
Hoiberg just completed his fifth season at Iowa State.
Apr 17, 2015, 8:20 PM EDT
The Aztecs now have no commits for 2016.
Apr 17, 2015, 7:18 PM EDT
Domantas Sabonis previously announced he would return.
Apr 17, 2015, 6:05 PM EDT
The Jordan Brand Classic is Friday night at the Barclays Center in Brooklyn.
Apr 17, 2015, 5:00 PM EDT
The former Villanova guard cut his list to eight.
Apr 17, 2015, 4:23 PM EDT
Thanks to this ruling Neal will have three years of eligibility remaining.
Apr 17, 2015, 3:19 PM EDT
Heron, who committed to Pitt back in January 2014, says he will continue to consider Jamie Dixon’s program.
Apr 17, 2015, 1:31 PM EDT
Dazon Ingram joins Brandon Austin and Donta Hall, both of whom remained committed following the firing of Anthony Grant, in Alabama’s 2015 class.
Former Florida guard discusses Billy Donovan’s potential as an NBA head coach on ‘Dan Patrick Show’ (VIDEO)
Apr 17, 2015, 12:45 PM EDT
Beal spoke highly of his college coach, including how a possible adjustment would go should Donovan decide to try his hand at the NBA game.
Apr 17, 2015, 12:19 PM EDT
Harris is the fifth departure from the Kansas State program since the end of the season.
Apr 17, 2015, 11:02 AM EDT
Hooley’s game-winning shot in the America East title game came less than two months after his mother passed from a lengthy bout with colon cancer.
Apr 17, 2015, 12:04 AM EDT
Hale is Alabama’s leading returning scorer, as he averaged 8.2 points per game last season.
Apr 16, 2015, 11:51 PM EDT
Landing Zimmerman is a big deal for Dave Rice, who could use the boost after a disappointing 2014-15.
Apr 16, 2015, 10:56 PM EDT
Michigan won’t lack for big men when Davis arrives on campus in 2016, but that will give him time to develop as a freshman.
Apr 16, 2015, 8:02 PM EDT
Costello dealt with the knee issue down the stretch, but the procedure isn’t expected to keep him out of offseason workouts for too long.
Apr 16, 2015, 6:32 PM EDT
The Mountain West is guaranteed one of the eight slots in the field.
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