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Musselman extension done and signed: 5 years 20M
Posted on 4/13/21 at 12:20 am
Posted on 4/13/21 at 12:20 am
I imagine it will be a formal release in the AM.
quote:
Jeff Goodman@GoodmanHoops 1h
Arkansas coach Eric Musselman is finalizing a new multi-year contract that will keep him with the Razorbacks, source told @Stadium.
Musselman led Arkansas to the Elite Eight in just his second season at the helm.
quote:
The University of Arkansas announced Wednesday a contract extension for basketball coach Eric Musselman through at least the 2025-26 season.
Musselman will be paid $4 million per year and can earn $100,000 annual pay raises for up to six appearances in the NCAA Tournament.
The contract also includes up to $800,000 in annual incentives — including $500,000 for winning the national championship, and $100,000 for an SEC regular-season or tournament championship — and the option to extend the contract by one season apiece for the Razorbacks' next two NCAA Tournament appearances.
Musselman will be paid a one-time retention payment of $1.5 million if he is still Arkansas’ coach on April 30, 2026, as long as no major NCAA violations have occurred and the program is not on NCAA probation.
The UA would owe Musselman 70% of his remaining salary if he is fired for convenience during the term.
Musselman would owe the UA a $7.5 million payment if he took another job before the end of the 2021-22 season. That buyout falls to $2 million through the 2023-24 season; $1 million through the 2024-25 season; and $750,000 through the end of the contract, including any seasons earned as extensions past 2025-26.
Musselman would not owe a buyout if he accepts a job at his alma mater, the University of San Diego after April 2024.
This post was edited on 4/14/21 at 2:34 pm
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Posted on 4/13/21 at 1:45 am to UltimateHog
Apparently Arizona made a run at him as well. He fixing to get paid.
LINK
quote:
Heard Muss told Arizona no thanks Monday night, hangin' w/Yurachek at the AD's crib ... expecting new deal with raise to remain Head Hog to be announced soon .
LINK
This post was edited on 4/13/21 at 1:47 am
Posted on 4/13/21 at 5:07 am to beebefootballfan
Maybe God doesn't hate us after all.
Posted on 4/13/21 at 5:15 am to UltimateHog
It's happening gif
My day is complete
My day is complete
Posted on 4/13/21 at 7:33 am to Drewbie
quote:
Maybe God doesn't hate us after all.
God doesn't hate us, just Jeff Long. And although our boosters don't hate us, they love their egos far, far more.
Posted on 4/13/21 at 7:57 am to Drewbie
quote:
Maybe God doesn't hate us after all.
The days young, it's all in the air till the Arizona gets a coach and the ink drys on th contract
Posted on 4/13/21 at 8:42 am to oklahogjr
Does anyone know the figures? I can't find anything.
Posted on 4/13/21 at 8:45 am to STLhog
Thats because nothing has been released yet
Posted on 4/13/21 at 9:11 am to rockiee
yea but sauces man. Where are the sauces?
Posted on 4/13/21 at 9:35 am to UltimateHog
Not terribly worried about Arizona. It would be a lateral move for Musselman.
If UNC had been gunning for him, I'd be sweating bullets.
If UNC had been gunning for him, I'd be sweating bullets.
Posted on 4/13/21 at 10:24 am to Ronaldo Burgundiaz
We've already shown that with the right coach, we can be UNC, Duke and Kentucky
This post was edited on 4/13/21 at 10:31 am
Posted on 4/13/21 at 12:57 pm to cubsfan5150
The Arizona thing never scared me. He was obviously using them as leverage against Yuracheck in negotiations.
I honestly wouldn't be surprised if he was able to milk $4 mil/yr out of this deal (and possibly more with incentives). Muss basically bet on himself and won.
I honestly wouldn't be surprised if he was able to milk $4 mil/yr out of this deal (and possibly more with incentives). Muss basically bet on himself and won.
Posted on 4/13/21 at 1:13 pm to Jack Ruby
quote:
Muss basically bet on himself and won.
Smart move. We needed a sweet sixteen+ season and he delivered. Without that Elite 8 banner he didn't deserve it. Now he does.
He doesn't strike me as the kind of guy that will sit on it as the pinnacle of his success though. It's not like he did something amazing like beating a .500 Texas team.
Posted on 4/13/21 at 5:34 pm to UltimateHog
Some dude on Twitter saying 7/35
Posted on 4/13/21 at 5:48 pm to Woopigsooie20
I'd be down with that if true. It would set the standard under Yurachek that if you can win ballgames at Arkansas, you're gonna get paid.
Posted on 4/13/21 at 6:41 pm to Woopigsooie20
quote:
Some dude on Twitter saying 7/35
Based if true
Posted on 4/13/21 at 6:52 pm to hogSS
Posted on 4/14/21 at 8:54 am to UltimateHog
20M/5 years seems to have some legs behind it
Posted on 4/14/21 at 9:06 am to rockiee
Yurachek knew they were gonna have to open the checkbook to keep him. Four million a year puts us basically in the top 3 or 4 in the SEC.
Why Tennessee pays Rick Barnes nearly 5 million a year is a head scratcher.
Why Tennessee pays Rick Barnes nearly 5 million a year is a head scratcher.
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