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 20, 2014, 11:00 PM EDT
Kansas State is losing a redshirt freshman to transfer.
Oct 20, 2014, 10:00 PM EDT
Virginia got a very skilled guard in the 2016 class.
Oct 20, 2014, 9:15 PM EDT
Florida landed an in-state Class of 2015 wing to make it a four-man class.
Oct 20, 2014, 9:00 PM EDT
Memphis found a 2016 guard to join center Nick Marshall in the recruiting class.
Oct 20, 2014, 8:00 PM EDT
SMU could be in trouble if a second-team all-league pick is ruled ineligible.
Oct 20, 2014, 7:00 PM EDT
News and notes from the world of college basketball recruiting.
Oct 20, 2014, 6:00 PM EDT
Lorenzo Romar now has a six-man recruiting class for 2015.
Oct 20, 2014, 5:00 PM EDT
Oklahoma has a chance to be the second-best team in the Big 12, especially if a key player receives a waiver.
Oct 20, 2014, 4:00 PM EDT
The Hawks will have a thin front court this season.
Oct 20, 2014, 3:00 PM EDT
Five new hires that should thrive, and five who may end up struggling.
Oct 20, 2014, 2:09 PM EDT
Stevie Clark was dismissed from Oklahoma State after a pair of bizarre incidents involving the police.
Oct 20, 2014, 1:30 PM EDT
Chris Walker sounds pretty funny.
Oct 20, 2014, 12:45 PM EDT
Jaylen Brantley is Maryland’s first commitment in the class.
Oct 20, 2014, 12:00 PM EDT
After riding the coattails of a pair of Californians, Weber State’s focus on recruiting the state of Texas will pay off this season.
Oct 20, 2014, 11:27 AM EDT
Thon Maker has another mixtape out.
Oct 20, 2014, 10:39 AM EDT
Mudiay has now played two preseason games as a professional.
Oct 20, 2014, 9:00 AM EDT
Weber State will be the preseason favorites, but Northern Arizona, Sacramento State and Eastern Washington will lead a group of challengers capable of pushing the reigning champs.
Oct 19, 2014, 10:57 PM EDT
Junior forward Mark Tollefsen may be one of the best dunkers in America.
Oct 19, 2014, 8:49 PM EDT
Chris Jones’ three-pointer in the final seconds gave the White team a 75-72 win over the Red.
Oct 19, 2014, 6:59 PM EDT
Evan Smotrycz was re-evaluated Saturday after suffering the injury at the end of practice Friday.
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