The LA Times has a copy of Alford's contract available online. LINK
If you take a look at it closely, a few things should stick out. The first point is the unusually large buyout clause in the agreement (Section 5.2). It is over $10 million dollars if we let him go before April 30, 2016. For a point of comparison, Howland was paid $3.5m for his walking papers. Looks like we are stuck with him for a while, even if he continues his tradition of early tournament exits. Why such a high amount?
According to the LA Times:
If he quits before April 30, 2016, he must pay the school $10.4 million. That penalty drops each year after that, to $7.8 million, $5.2 million and finally $2.6 million in his final year, ending with the 2018-2019 season.
The contract calls for UCLA to pay Alford the same amounts if he's fired — a mirror-image termination clause that experts in sports law call unusual — so it provides a great degree of job security for the new coach.
"We wanted the commitment to be strong on both sides," Harlan said. "We didn't want him going anywhere."
Wow. We didn't want to shelf out enough money for a top tier candidate, yet we are willing to put it all out on the line for a coach that has a track record of not winning in March and has a questionable ethics issue?
We aren't done yet. It gets better.
Right after Alford was hired, Chianti had a phone call with reporters to officially announce the (botched) hiring. During the call, he gave (on the record) terms of the contract. He stated:
" It has a $200,000 signing bonus."
Source: Inside UCLA Blog
One look at the contract posted online, and it shows a signing bonus of $845k. Why the huge swing in numbers Danny? Why did you lie about this? What else don't we know?