I see Grant signed three incoming players for The Tide in 2009: a three star guard [former VCU bound], a three star center, and a three star forward.
Also, from the item pulled below, I see Anthony will be able to make his mortgage payments in Tuscaloosa just fine. Notice the University of Alabama's gymnatics coach, Sarah Patterson, makes what our new VCU men's BB coach makes (see last sentence).
I enjoy following this thread, and VCU BB. I also give what I can to VCU's men's bb fund--hope you will too?
"Building Victories One Dollar at a Time"
[Source: Tuscaloosa News]
As for Grant, he was hired from Virginia Commonwealth University and paid a $50,000 signing bonus when he was hired at Alabama in March. UA also paid a $240,000 buyout to VCU.
The contract contains a buyout clause for both Grant and UA. If Grant is terminated without cause, UA will owe $1 million per year remaining on the contract, while Grant will owe either $245,000 (his base salary) multiplied by the number of years remaining on his contract or $1 million, whichever is greater.
Grant was able to negotiate a higher buyout from UA after signing a letter of agreement when he was hired in March. The buyout in that document called for UA to pay his base salary for the remainder of the contract if he was terminated for cause.
Other incentives in Grant’s contract include the following bonuses: $250,000 for winning a national championship, $200,000 for making it to the Final Four, $100,000 for making it to the Elite Eight, $50,000 for a Sweet 16 appearance, $50,000 for national coach of the year award, $25,000 for SEC coach of the year, $25,000 for making the NCAA Tournament, $25,000 for winning the regular-season SEC championship, $15,000 for winning the SEC Western Division and $25,00 for academic performance.
In other business, trustees extended the contract for gymnastics coach Sarah Patterson three years through the end of the 2014 season. Her salary will remain $300,000.
Also, from the item pulled below, I see Anthony will be able to make his mortgage payments in Tuscaloosa just fine. Notice the University of Alabama's gymnatics coach, Sarah Patterson, makes what our new VCU men's BB coach makes (see last sentence).
I enjoy following this thread, and VCU BB. I also give what I can to VCU's men's bb fund--hope you will too?
"Building Victories One Dollar at a Time"
[Source: Tuscaloosa News]
As for Grant, he was hired from Virginia Commonwealth University and paid a $50,000 signing bonus when he was hired at Alabama in March. UA also paid a $240,000 buyout to VCU.
The contract contains a buyout clause for both Grant and UA. If Grant is terminated without cause, UA will owe $1 million per year remaining on the contract, while Grant will owe either $245,000 (his base salary) multiplied by the number of years remaining on his contract or $1 million, whichever is greater.
Grant was able to negotiate a higher buyout from UA after signing a letter of agreement when he was hired in March. The buyout in that document called for UA to pay his base salary for the remainder of the contract if he was terminated for cause.
Other incentives in Grant’s contract include the following bonuses: $250,000 for winning a national championship, $200,000 for making it to the Final Four, $100,000 for making it to the Elite Eight, $50,000 for a Sweet 16 appearance, $50,000 for national coach of the year award, $25,000 for SEC coach of the year, $25,000 for making the NCAA Tournament, $25,000 for winning the regular-season SEC championship, $15,000 for winning the SEC Western Division and $25,00 for academic performance.
In other business, trustees extended the contract for gymnastics coach Sarah Patterson three years through the end of the 2014 season. Her salary will remain $300,000.