UCLA Introduces Steve Alford

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

1 Comment

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.

Henry Ellenson wins Marquette Madness dunk contest

Steve Wojciechowski
Leave a comment

Marquette freshman forward Henry Ellenson won the Marquette Madness slam dunk contest on Friday night with a between the legs dunk.

The 6-foot-10 Ellenson, the top recruit in Steve Wojciechowski’s freshmen class, defeated sophomore Sandy Cohen, fellow freshman Sacar Anim and Wally Ellenson, his older brother.

Ellenson joins the Golden Eagles as the No. 11 overall recruit in the Class of 2015.

Bill Self signs $10,000 check for KU student


Late Night in the Phog is typically a night to remember for Kansas fans. For Kansas student Jerrod Martin Castro, Friday night’s event is one he won’t forget.

Castro, a sophomore, was selected as a contestant for a $10,000 giveaway. The only thing standing in the way of a big payday was a half-court shot. Brennan Bechard, the Kansas director of basketball operations, attempted the long-distance shot and hit nothing but net.

Kansas head coach Bill Self signed a $10,000 check on the spot.