Pearl signs two-year extension
Mar 8, 2006 19:40:48 GMT -5
Post by wsu97 on Mar 8, 2006 19:40:48 GMT -5
Tennessee coach Pearl signs two-year extension
March 8, 2006
NASHVILLE, Tenn. -- Tennessee rewarded first-year coach Bruce Pearl for returning the Volunteers to the top of the Southeastern Conference with a raise and a two-year contract extension.
Pearl's annual salary will go to $1.1 million on a deal that now runs through 2012, the university announced Wednesday.
The 14th-ranked Volunteers (21-6) won the SEC East division title and are a lock to make the NCAA field for the first time since 2001. Pearl was hired after last season to replace Buzz Peterson, who was fired after four mediocre seasons.
Pearl's original package paid him $800,000 annually, and athletic director Mike Hamilton had said earlier this season that Pearl should be one of the highest paid coaches in the SEC. This deal accomplishes that.
Pearl will make $1.1 million next season with different portions of his pay escalating over the next six years so that by the final year his total compensation reaches $1.5 million.
Pearl's base salary rises from $225,000 to $300,000 for next season. He also will be paid $300,000 for radio and television commitments, $300,000 for endorsements, $150,000 for public relations and $50,000 for camps.
"Not only is Coach Pearl one of the very best coaches in the nation, but more importantly, he has become a great ambassador for our university during his tenure at Tennessee," university president John Petersen said. Pearl will appear before the state Legislature on Thursday morning while his Vols enjoy a first-round bye in the SEC tournament in Nashville.
"The University of Tennessee has so much to offer -- from great academic programs to incredible athletic resources to the most passionate fans in the country. I look forward to being the men's basketball coach at Tennessee for many more years," Pearl said.
www.sportsline.com/collegebasketball/story/9293286
March 8, 2006
NASHVILLE, Tenn. -- Tennessee rewarded first-year coach Bruce Pearl for returning the Volunteers to the top of the Southeastern Conference with a raise and a two-year contract extension.
Pearl's annual salary will go to $1.1 million on a deal that now runs through 2012, the university announced Wednesday.
The 14th-ranked Volunteers (21-6) won the SEC East division title and are a lock to make the NCAA field for the first time since 2001. Pearl was hired after last season to replace Buzz Peterson, who was fired after four mediocre seasons.
Pearl's original package paid him $800,000 annually, and athletic director Mike Hamilton had said earlier this season that Pearl should be one of the highest paid coaches in the SEC. This deal accomplishes that.
Pearl will make $1.1 million next season with different portions of his pay escalating over the next six years so that by the final year his total compensation reaches $1.5 million.
Pearl's base salary rises from $225,000 to $300,000 for next season. He also will be paid $300,000 for radio and television commitments, $300,000 for endorsements, $150,000 for public relations and $50,000 for camps.
"Not only is Coach Pearl one of the very best coaches in the nation, but more importantly, he has become a great ambassador for our university during his tenure at Tennessee," university president John Petersen said. Pearl will appear before the state Legislature on Thursday morning while his Vols enjoy a first-round bye in the SEC tournament in Nashville.
"The University of Tennessee has so much to offer -- from great academic programs to incredible athletic resources to the most passionate fans in the country. I look forward to being the men's basketball coach at Tennessee for many more years," Pearl said.
www.sportsline.com/collegebasketball/story/9293286
