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.
Oct 23, 2014, 12:04 PM EDT
This scandal will be a stain on North Carolina’s sports and academic programs for a long time.
Oct 23, 2014, 11:07 AM EDT
This is about as embarrassing as being POSTERIZED can get.
Oct 23, 2014, 9:59 AM EDT
The Shockers went to the Final Four in 2013 and undefeated in 2014. What is next for them?
Oct 22, 2014, 10:46 PM EDT
Cody Larson was South Dakotas Next Big Thing. He returned in infamy, but that has not stopped him from succeeding.
Oct 22, 2014, 10:14 PM EDT
Wisconsin held its third annual “Shooting Down Cancer” event Wednesday, with their goal being to #MakeBoPay.
Oct 22, 2014, 9:13 PM EDT
Austin Nichols is the reigning American Athletic Conference ROY, and sophomore Avery Woodson is expected to compete for minutes in a crowded by inexperienced backcourt.
Oct 22, 2014, 7:03 PM EDT
Cezar Guerrero knocked down five straight from half-court during the team’s Red and White Hoops Night event Tuesday.
Oct 22, 2014, 6:43 PM EDT
Oregon didn’t have much depth to begin with due to various personnel issues, so Michael Chandler’s lingering knee problem is a major concern.
Oct 22, 2014, 5:00 PM EDT
People don’t come more intense than Bruce Pearl.
Oct 22, 2014, 4:25 PM EDT
Given SMU’s depth on the perimeter, LaGerald Vick’s decision to move back in classes will help both parties in the future.
Oct 22, 2014, 4:06 PM EDT
College basketball will have plenty of impact freshmen this season. Here’s a look at some that could step in and contribute right away.
Oct 22, 2014, 3:18 PM EDT
The Longhorns are the first school in the country to do this.
Oct 22, 2014, 2:55 PM EDT
The Cardinal now have three four-star recruits in the Class of 2015.
Oct 22, 2014, 2:09 PM EDT
Wednesday’s report is much more damning than either of the previous two that have been released.
Oct 22, 2014, 1:00 PM EDT
There is one big name that wasn’t named to the preseason first team.
Oct 22, 2014, 12:00 PM EDT
The top half of the Summit League will be a tight race all season long.
Oct 22, 2014, 11:00 AM EDT
The Big East coaches love Villanova, but are they sleeping on Marquette?
Oct 22, 2014, 10:00 AM EDT
ULM has some off-the-court issues to address with the season looming.
Oct 22, 2014, 9:00 AM EDT
Fun fact about Shaka Smart: He has still never won a conference regular season title.
Oct 21, 2014, 11:00 PM EDT
Stanford’s back court depth took a hit this week.
- Top 25 Countdown: No. 12 Wichita State 0
- South Dakota State’s Cody Larson thrives despite return home amidst unmet expectations 0
- 2014-15 Season Preview: 20 Impact Freshmen 0
- UNC investigation states bogus classes pushed by academic counselors to athletes 6
- Top 25 Countdown: No. 13 VCU Rams 0
- Top 25 Countdown: No. 14 Florida Gators 0
- 2014-2015 Season Preview: College Basketball’s Top 13 Dunkers (VIDEOS) 3
- UNC investigation states bogus classes pushed by academic counselors to athletes (6)
- Report: Texas plans to start paying their athletes $10,000 stipend (4)
- 2014-2015 Season Preview: College Basketball’s Top 13 Dunkers (VIDEOS) (3)
- First Preseason Top 25 poll is out, Kentucky sits at No. 1 (2)
- Maryland senior forward suffers sprained ankle (2)