Started By
Message
Bruce signs 5 year / 3.8+ extension
Posted on 4/12/19 at 5:26 pm
Posted on 4/12/19 at 5:26 pm
Bruce has signed an extension through the 2023-2024 season. Terms, according to 247, are $3.8m for 2019-2020 with a 125K escalator for the duration of the deal
Buyout
1- $8mil
2- $6mil
3- $4mil
4- $2mil
Buyout
1- $8mil
2- $6mil
3- $4mil
4- $2mil
quote:
AUBURN, Ala. - Auburn Athletics has agreed to terms with men's basketball coach Bruce Pearl for a new five-year contract, Director of Athletics Allen Greene announced Friday. The deal will take his contract through the 2023-24 season.
"Under Bruce's leadership, our basketball program has reached new heights. Our young men continue to thrive in the classroom and on the court. We've experienced many firsts, including a well-documented run to the Final Four and a pair of SEC titles," Greene said. “Bruce and his wife Brandy have been very active within the university and the Auburn community and we are appreciative of all of their efforts. Our return on investment is undeniable, and supporting this program from A-to-Z will continue to be a priority. Simply stated, we look forward to having Bruce as the head coach of our basketball program for many years to come."
In five years at Auburn, Pearl has led the program to its first-ever NCAA Final Four in 2018-19, a Southeastern Conference regular season title in 2017-18 and a SEC tournament title this year. Auburn has won 74 games over the last three seasons, the most over a 3-year span in program history, and Pearl is the first coach at Auburn to amass 100 wins in his first five seasons at the helm.
"I would like to thank President Leath, Allen Greene and the Board of Trustees for their belief. The investment in me and my staff demonstrates their support of the men's basketball program moving forward. I'm happy and blessed to be at Auburn and live in this wonderful community," Pearl said.
Auburn has produced 18 graduates over the last four seasons, which is the most in SEC during that span. The Tigers received an Academic Progress Rate Public Recognition Award marking the first time Auburn has been honored since the award began tracking data in 2004. The NCAA annually honors teams earning multiyear Academic Progress Rates in the top 10 percent of all squads in each sport.
"I'm grateful to my coaching and support staff for building a competitive men's basketball program," Pearl said. "I'm grateful to our players for buying in, working extremely hard and representing what being an Auburn man and student-athlete is all about. We have the best fan base in America. The Auburn Family is for real and, along with The Jungle, create a unique gameday atmosphere. It's great to be an Auburn Tiger. War Eagle!" Auburn has sold out of season tickets all five seasons with Pearl at the helm, something that had only been done once in program history prior to Pearl's appointment.
This post was edited on 4/12/19 at 5:55 pm
7
Posted on 4/12/19 at 5:28 pm to TheJones
You had better not be toying with me.
Posted on 4/12/19 at 5:31 pm to mckibaj
Yep it’s working now
Posted on 4/12/19 at 5:34 pm to TheJones
BOING
Posted on 4/12/19 at 5:37 pm to MrAUTigers
I’ll update the OP when we know details on terms
Posted on 4/12/19 at 5:42 pm to TheJones
whoops. old article
This post was edited on 4/12/19 at 5:44 pm
Posted on 4/12/19 at 5:43 pm to MrAUTigers
That his old deal he signed in June.
This extension essentially represents a replacement of the previous extension. Guessing there’s a substantial raise involved
This extension essentially represents a replacement of the previous extension. Guessing there’s a substantial raise involved
Posted on 4/12/19 at 5:45 pm to TheJones
247 has it 3.8mil YR1 with $125k raise each year
Buyout 1- $8mil 2- $6mil 3- $4mil 4- $2mil
Greene didspecifically mentioned supporting the program from "A to Z" . I'm going to assume we are about to be spending some serious cash money on improvements + staff
Buyout 1- $8mil 2- $6mil 3- $4mil 4- $2mil
Greene didspecifically mentioned supporting the program from "A to Z" . I'm going to assume we are about to be spending some serious cash money on improvements + staff
This post was edited on 4/12/19 at 5:48 pm
Posted on 4/12/19 at 5:47 pm to GenesChin
That’s awesome. Previous contract was 2.6 with an escalator per season. Should keep him out for good. And even better, the language regarding the program support should help us out for years to come
Posted on 4/12/19 at 5:51 pm to TheJones
247 -Free
quote:
AUBURN, Alabama — Bruce Pearl and Auburn have agreed to a new, five-year deal to keep him as coach through the 2023-24 season. The move was made Friday, less than one week after the Tigers' first appearance in the Final Four. He will be paid $3.8 million per year, with it escalating $125,000 per year after the 2019-20 season, according to a source. The university and Pearl also showed a strong connection to stay together, as they agreed to a hefty buyout structure that begins at $8 million the first year. It decreases to $6 million in Year 2 and then to $4 million in Year 3 and $2 million in Year 4, the source told Auburn Undercover. The contract is set to make Pearl the third-highest paid coach in the SEC, tying him with newly-hired Texas A&M coach Buzz Williams. He stands behind Kentucky's John Calipari ($9.2 million) and Tennessee's Rick Barnes, who received a pay raise to $4.7 million after flirting with a job offer from UCLA.
Posted on 4/12/19 at 5:51 pm to GenesChin
quote:
247 has it 3.8mil
I figured it would be between $3.5M - $4M. I am happy for Bruce. He has earned it.
quote:
Buyout 1- $8mil 2- $6mil 3- $4mil 4- $2mil
I like this as well.
Posted on 4/12/19 at 5:52 pm to TheJones
rant worthy stuff.
Posted on 4/12/19 at 5:53 pm to TheJones
Posted on 4/12/19 at 5:55 pm to MrAUTigers
With Barnes getting $4.75mil I was wondering just how high Bruxes would go
At 3.8, I feel like we got rewarded for both offering a 2nd Chance and sticking by Bruce during the Person scandal.
At 3.8, I feel like we got rewarded for both offering a 2nd Chance and sticking by Bruce during the Person scandal.
Posted on 4/12/19 at 5:56 pm to GenesChin
Makes sense. He has such a huge investment in the program, students, and the community. He’s not built to be a journeyman
Posted on 4/12/19 at 6:03 pm to TheJones
We also take for granted that he's also getting older (rebuilds are for Young guns) + trying to set his son up.
A lot of states / schools have anti nepotism lws / rules that would make this setup difficult to pull off. For example Patrick Ewing at GTown or Randy Edsall at Uconn
A lot of states / schools have anti nepotism lws / rules that would make this setup difficult to pull off. For example Patrick Ewing at GTown or Randy Edsall at Uconn
This post was edited on 4/12/19 at 6:04 pm
Posted on 4/12/19 at 6:33 pm to GenesChin
Makes my day. Proven winner.
Posted on 4/12/19 at 6:39 pm to allin2010
fricking YES
Posted on 4/12/19 at 7:34 pm to TheJones
Now this is a contract extension I fully support.
Page 1 of 2
Latest Auburn News
Popular
Back to top
Follow SECRant for SEC Football News