Skip to content

Report: Steve Alford’s contract with UCLA has a massive buyout

Jul 9, 2013, 10:56 AM EDT

UCLA Introduces Steve Alford Getty Images

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.

Latest Posts
  1. Kansas State loses redshirt freshman to transfer

    Oct 20, 2014, 11:00 PM EDT

    La Salle v Kansas State Getty Images

    Kansas State is losing a redshirt freshman to transfer.

  2. Virginia lands four-star guard from 2016 class

    Oct 20, 2014, 10:00 PM EDT

    (adidas) (adidas)

    Virginia got a very skilled guard in the 2016 class.

  3. Florida lands three-star 2015 wing

    Oct 20, 2014, 9:15 PM EDT

    Billy Donovan AP

    Florida landed an in-state Class of 2015 wing to make it a four-man class.

  4. Memphis grabs a commitment from a 2016 guard

    Oct 20, 2014, 9:00 PM EDT

    Josh Pastner AP

    Memphis found a 2016 guard to join center Nick Marshall in the recruiting class.

  5. Report: SMU big man has work to do to be eligible for season

    Oct 20, 2014, 8:00 PM EDT

    Markus Kennedy AP

    SMU could be in trouble if a second-team all-league pick is ruled ineligible.

  6. Washington adds two forwards in 2015 class

    Oct 20, 2014, 6:00 PM EDT

    Indian Hills Community College Indian Hills Community College

    Lorenzo Romar now has a six-man recruiting class for 2015.

  7. Top 25 Countdown: No. 15 Oklahoma Sooners

    Oct 20, 2014, 5:00 PM EDT

    Buddy Hield (AP Photo) Buddy Hield (AP Photo)

    Oklahoma has a chance to be the second-best team in the Big 12, especially if a key player receives a waiver.

  8. St. Joseph’s loses another front court piece for the 2014-15 season

    Oct 20, 2014, 4:00 PM EDT

    Phil Martelli AP

    The Hawks will have a thin front court this season.

  9. 2014-2015 Season Preview: Which new coaching hires will succeed?

    Oct 20, 2014, 3:00 PM EDT

    Steve Wojciechowski AP

    Five new hires that should thrive, and five who may end up struggling.

  10. Report: Former Oklahoma State guard leaves his junior college

    Oct 20, 2014, 2:09 PM EDT

    Stevie Clark, Jevon Taylor AP

    Stevie Clark was dismissed from Oklahoma State after a pair of bizarre incidents involving the police.

  11. Maryland lands commitment from junior college point guard

    Oct 20, 2014, 12:45 PM EDT

    Mark Turgeon

    Jaylen Brantley is Maryland’s first commitment in the class.

  12. No longer supplementary pieces, two Texans will lead the way at Weber State

    Oct 20, 2014, 12:00 PM EDT

    Randy Rahe AP

    After riding the coattails of a pair of Californians, Weber State’s focus on recruiting the state of Texas will pay off this season.

  13. Former NBA guard says Emmanuel Mudiay ‘handled himself well’ in first game in China

    Oct 20, 2014, 10:39 AM EDT

    unnamed-1

    Mudiay has now played two preseason games as a professional.

  14. 2014-2015 Season Preview: Weber State won’t lack for challengers in Big Sky

    Oct 20, 2014, 9:00 AM EDT

    Weber State's Joel Bolomboy (AP Photo) AP

    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.

  15. Highlights from San Francisco’s ‘Hilltop Hoopsfest’ event (VIDEO)

    Oct 19, 2014, 10:57 PM EDT

    Rex Walters AP

    Junior forward Mark Tollefsen may be one of the best dunkers in America.

  16. Louisville takes next step in season preparations with their annual Red-White Scrimmage

    Oct 19, 2014, 8:49 PM EDT

    Chris Jones, Dillon Avare Chris Jones, Dillon Avare

    Chris Jones’ three-pointer in the final seconds gave the White team a 75-72 win over the Red.

  17. Fractured foot to sideline Maryland forward 4-6 weeks

    Oct 19, 2014, 6:59 PM EDT

    Evan Smotrycz AP

    Evan Smotrycz was re-evaluated Saturday after suffering the injury at the end of practice Friday.