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re: Bruce signs 5 year / 3.8+ extension
Posted on 4/12/19 at 5:47 pm to GenesChin
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.
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