User ID
Password
  Forgot User ID
or Register Today!
VegasInsider.com
Follow Us on Facebook Follow Us on Twitter Follow Us on Google+ VI Mobile Scores and Betting Odds
Home
NFL
NBA
NHL
MLB
NCAA FB
NCAA BK
Golf
Auto
Horses
Soccer
Boxing/MMA
More
Betting Tools

 
Alford buyout agreement to net New Mexico $625K

ALBUQUERQUE, N.M. (AP) - The University of New Mexico says it has reached an agreement in principal with former basketball coach Steve Alford over his buyout.

Advertisement
Alford said in April he was willing to pay a $200,000 buyout for leaving the Albuquerque school to take the job at UCLA, but he wouldn't pay the $1 million payment that New Mexico wanted.

The dispute stemmed from the timing of his announcement and a term sheet he had signed just weeks before agreeing to a new 10-year contract with New Mexico that included a $1 million buyout.

Under the agreement announced Friday, the net benefit of the buyout will be $625,000. That includes a $300,000 payment and certain bonuses Alford had agreed to forego.

The school says there are still some final details that have to be resolved, but it sees the agreement as favorable.

AP NEWS
The Associated Press News Service

Copyright 2016
The Associated Press
All Rights Reserved

  
HEADLINES
GW names Joseph interim coach
NW to play 2018 games in Rosemont
UF hires Stricklin as athletic director
Puerto Rico Tipoff moves to Orlando
Minnesota's Lynch has minor surgery
Stansbury returns to G-Tech as AD
Sixteen-team PK80 tournament set
So. Carolina won't bid for NCAA games
Indiana's Hartman injures left knee
MORE HEADLINES
 
Why Buy Picks From VegasInsider.com
NCAA BK College Basketball Handicapper Sports Picks Records
Live Odds
2015 CBK SEASON PICK RECORDS
Money Leaders
Handicapper Money
John Fisher + 3618
Chip Chirimbes + 2069
Joe Nelson + 1709
Last 7 Day Leaders
Handicapper Money
No Games Last 7 Days  
   
   
Percentage Leaders
Handicapper Pct
Stephen Nover 58 %
John Fisher 57 %
Joe Nelson 56 %
Guaranteed Leaders
Handicapper Money
Jimmy Boyd + 1808
Antony Dinero + 1369
Jim Feist + 1323
Over-Under Leaders
Handicapper Money
James Manos + 1061
Stephen Nover + 565
Joe Williams + 560
Member Leaders
Handicapper Money
Antony Dinero + 2572
Doc's Sports + 1365
Chip Chirimbes + 1114
MORE PICK RECORDS
  
corner graphic
With a VI Gold Membership, you can SAVE 10% off a Live Odds subscription, SAVE 20% off Daily Pick packages, and receive access to up to 1,000 Member Plays each month!
VI Gold Membership