Coach returns extension he had signed...

[spideroo]

After a 15-17 season, UCLA coach Steve Alford gave back a one-year extension he had earned after taking his team to the Sweet 16 two years ago.

http://espn.go.com/mens-college-bas...eve-alford-says-given-back-one-year-extension

 

[WebSpinner]

WOW, may have happened previously but have not heard of that. sure will make the fans, bruin board posters, have to take a breath and give him some break. when you get down to it, really the fair thing to do, reward for doing well, give back when you are not performing. of course there is firing but barring that, a nice gesture on his part.

 

[fan2011]

WOW, may have happened previously but have not heard of that. sure will make the fans, bruin board posters, have to take a breath and give him some break. when you get down to it, really the fair thing to do, reward for doing well, give back when you are not performing. of course there is firing but barring that, a nice gesture on his part.

Haha, fair? I am sure you take a pay cut when you are underperforming at your job, right?

The coach earned the extension based on his prior performance. If the extension or compensation was supposed to be contingent on performance, that should have been written into the contract. It wasn't. What he did should not be the norm, and I don't understand why it would make anyone feel better about him being the coach. It certainly doesn't make him a better coach, just a coach with potentially less money.

 

[SpiderK]

Haha, fair? I am sure you take a pay cut when you are underperforming at your job, right?

The coach earned the extension based on his prior performance. If the extension or compensation was supposed to be contingent on performance, that should have been written into the contract. It wasn't. What he did should not be the norm, and I don't understand why it would make anyone feel better about him being the coach. It certainly doesn't make him a better coach, just a coach with potentially less money.

Lol, not many of us have a job that we only have to get it right 55% of the time and still make $1.3 million. Obama is worse, but only got a 4 year/$400k contract.

 

[fan2011]

Lol, not many of us have a job that we only have to get it right 55% of the time and still make $1.3 million. Obama is worse, but only got a 4 year/$400k contract.

Why does the amount you make matter? The point was his contract was negotiated based on his previous performance. If his compensation was meant to be contingent on his future performance that should have been in the contract. It was not. He was under no obligation to return his extension, and no coach should be expected to 'return extensions'.

 

[Eight Legger]

It was impressive to read the lengthy letter he wrote to UCLA fans expressing his sentiments and disappointment about their failure to achieve goals.

 

[spiderman]

Lol, not many of us have a job that we only have to get it right 55% of the time and still make $1.3 million. Obama is worse, but only got a 4 year/$400k contract.

actually Obama's got a lifetime $400k+ contract, and he's only 54. that's going to add up.
it's arguable whether or not he was right 55% of the time.

 

[97spiderfan]

Alford certainly didn't have to give back his year's extension but it was definitely a very savvy move on his behalf. It probably does a lot to mute what I am sure is negative tenor around the program, when you have the programs leader holding himself accountable and publically acknowledge that he needs to do better.

It also shows that Alford is pretty damn comfortable in his abilities to get the program back to the NCAA. He gave up the year because he feels he can bring the team back and earn that year back. I like a coach who has that much confidence in their abilities. Great example of leadership.

 

[SpiderK]

actually Obama's got a lifetime $400k+ contract, and he's only 54. that's going to add up.
it's arguable whether or not he was right 55% of the time.

That supposed to make me feel better? Lol

 

[32counter]

Digression-

Jamie Dixon to bolt Pitt for alma mater,TCU.

http://www.star-telegram.com/sports/college/big-12/texas-christian-university/article67371167.html

 

[MrTbone]

That's a weird decision in a lot of ways. Pitt has been very good some years, but has been down recently. Perhaps was feeling his time was coming to an end there and pulled a Wainwright.

 

[Eight Legger]

Pre-emptive move a la Tubby Smith a few years back. Plus going home to his alma mater clearly factored in. Will Wade would be a great hire for Pitt.

 

[Not-A-Homer]

Maybe Nelson-Ododa will recommend Mooney for the Pitt job

 

[urmite]

Maybe Nelson-Ododa will recommend Mooney for the Pitt job

Actually losing ANO was what prompted Dixon to leave. He couldn't win without him...

 

[WebSpinner]

you do hire or retain a coach for expected results and if you do not get them, he knows, we know, the AD knows, he will get fired. if an agent is going to sit down and negotiate a great contract for his client based on expectations, that it what it is, make no mistake, then the AD should be able to ask for a take back when those expectations are not being met. maybe not the right but certainly has the right to ask. like what alford did, not going to set a precedent but a nice gesture.

 

[32counter]

Dixon got out of dodge and got a reset button on his coaching life combined with a 5 year deal at $3.0m-no cut.Easy alma mater loyalty decision

 

[SpiderGuy]

you do hire or retain a coach for expected results and if you do not get them, he knows, we know, the AD knows, he will get fired. if an agent is going to sit down and negotiate a great contract for his client based on expectations, that it what it is, make no mistake, then the AD should be able to ask for a take back when those expectations are not being met. maybe not the right but certainly has the right to ask. like what alford did, not going to set a precedent but a nice gesture.

So does that apply at UR, or are we an outlier?

If we're not an outlier, what are the chances of that happening?

 

[WebSpinner]

well, the AD has a budget, don't think it includes hiring a new coach at a mill per while paying the old one the same thing. in a power 5 conf, probably have the bucks to do both, we do not.

 

[SpiderGuy]

well, the AD has a budget, don't think it includes hiring a new coach at a mill per while paying the old one the same thing. in a power 5 conf, probably have the bucks to do both, we do not.

I guess I'm thinking if there's a will then there's a way. If the powers that be & the money people have seen enough, then it could be done.

If I was in Vegas (not to see the Vegas 8), I'd bet they stick with Mooney until end of contract regardless of wins vs. losses, conference championships, or NCAA bids.

 

[32counter]

On the other hand:

VCU AD: 'We want to make sure' Will Wade is happy(excerpts of articles)

SHOW ME THE M-O-N-E-Y

By TIM PEARRELL Richmond Times-Dispatch|22 hours ago

VCU athletics director Ed McLaughlin plans to sit down with basketball coach Will Wade to discuss enhancements after Wade's highly successful first season.

"We'll talk about him, we'll talk about his staff and we'll talk about the program and the things we need to do to continue to move forward," McLaughlin said. "We want to make sure he is happy, and we want to make sure he has no desire to go anywhere else for a long time."

Wade, 33, could be a target for power-conference schools after guiding VCU to a 25-11 record and nearly earning a spot in the NCAA tournament's Sweet 16 before falling 85-81 to West Region No. 2 seed Oklahoma on Sunday.

Wade, a former Rams assistant who returned after going 40-25 in two seasons at Chattanooga, agreed to a five-year contract last spring that pays him $1 million annually in base salary and supplemental compensation plus incentives.

He made $125,000 in incentives for taking the Rams to the round of 32 in the NCAA tournament and $10,000 for sharing first place in the Atlantic 10 during the regular season. He also picked up $20,000 for the team winning 20 games, as well as more than $60,000 for the Rams appearing in nationally televised games during the regular season."


Also:

"Rams will get nice payday

VCU's two games in the NCAA tournament should be worth more than an estimated $2 million for the school over the next six years.

Teams earn a "unit" for their conferences for each game they play in the tournament. Each unit for this season will be worth about $265,000.

Units aren't just a one-time deal. They are paid yearly by the NCAA to the conference for six seasons.

Conferences have different arrangements for sharing the money among their members. VCU is a member of the Atlantic 10, and the conference allows a school that earns a tournament unit to keep 63 percent of the revenue, according to VCU officials. The remaining 37 percent goes into a pool that is divided among all league members.

VCU's two games should earn the conference at least $3.1 million in the next six years. The Rams' percentage of that should be a little more $2 million.

VCU also is earning units for playing four games in the NCAA tournament in the three previous seasons it has been in the A-10."

 

[97spiderfan]

Burton can make him happy like he made Shaka happy.

 

[MrTbone]

Vis a vis, "radio slobberfest"???

 

[EPJr]