Jul 9, 2013, 10:56 AM EST
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.
Mar 8, 2014, 9:00 AM EST
Although conference tournaments are underway, there are still plenty of tremendous regular-season matchups on Saturday including No. 14 North Carolina at No. 4 Duke and a pair of top-25 matchups in the American.
Mar 8, 2014, 8:00 AM EST
Jason Garrett and Tony Romo get some shots up at Cameron, and the quarterback can shoot.
Mar 8, 2014, 1:00 AM EST
A recap of Friday night’s action, including Harvard wrapping up the Ivy League crown
Mar 7, 2014, 10:22 PM EST
Siyani Chambers and company played much better in the rematch, beating Yale to earn a third consecutive NCAA tournament berth.
Mar 7, 2014, 9:38 PM EST
Meet Harvard, the first team to wrap up a spot in the 2014 NCAA tournament.
Mar 7, 2014, 7:15 PM EST
Harvard looks to wrap up its third consecutive trip to the NCAA tournament.
Mar 7, 2014, 6:25 PM EST
South Carolina head coach Frank Martin met with the media to address the actions that led to his one-game suspension
Mar 7, 2014, 5:03 PM EST
UCSB issues a statement regarding Thursday’s incident in which a fan confronted Hawaii head coach Gib Arnold on the court
Mar 7, 2014, 3:43 PM EST
No. 2 Wichita State moves to 32-0, with their big men performing well in their “Arch Madness” opener.
2014 Summit League Tournament Preview: North Dakota State looks to avenge last year’s title-game loss
Mar 7, 2014, 3:00 PM EST
North Dakota State is looking to avenge last season’s Summit League title game loss by winning the 2014 Summit League Conference Tournament after winning the regular season crown.
Mar 7, 2014, 2:27 PM EST
Winthrop’s Andre Smith provides the latest buzzer-beater, knocking off Big South regular season champ High Point.
Mar 7, 2014, 1:36 PM EST
Longtime Syracuse fan receives a special present eight days prior to her 100th birthday
Mar 7, 2014, 12:26 PM EST
A look at the 2009 Big East quarterfinal between UConn and Syracuse, nearly five years after the game was played.
Mar 7, 2014, 12:00 PM EST
It’s no longer a league dominated by Vermont, Albany and Boston U. Perhaps this bodes well for Steve Pikiell’s squad.
Mar 7, 2014, 10:40 AM EST
Five conference tournaments in action, and Harvard looks to punch its ticket to the Big Dance.
Mar 7, 2014, 9:21 AM EST
Going to be a busy week for all the bubble teams, too.
Mar 7, 2014, 8:50 AM EST
Duke vs. North Carolina highlights a spate of ranked matchups, not to mention teams will start snagging tickets to the Big dance as well.
Mar 7, 2014, 2:54 AM EST
Wildcats stay in contention for a No. 1 seed in NCAA tournament, while a Southland shootout takes game of night honors.
Mar 7, 2014, 1:13 AM EST
Hawkeyes sure didn’t mind conceding open looks on Thursday.
- Harvard wraps up third consecutive NCAA tournament berth (VIDEO) 0
- Weekend Preview: The regular season comes to a close 1
- For the first time in months, No. 22 Michigan State and Keith Appling look healthy 5
- Senior starters once again carry No. 15 Cincinnati 0
- Doug McDermott’s career still missing most important part: His One Shining Moment 0
- Bryce Cotton, Providence’s marathon man, looking to lead the Friars on a run to the NCAA tournament 0
- Bubble Banter: Colorado, Dayton the day’s biggest winners 1
- Undefeated regular season says all we need to know about No. 2 Wichita State (9)
- No. 7 Syracuse falls to Georgia Tech in a shocking home loss (9)
- Finally at full strength, Michigan State sleepwalks through loss to Illinois (6)
- Kentucky hits rock bottom, loses at South Carolina (6)
- College Basketball Talk’s latest Top 25 (6)