Alford buyout agreement to net New Mexico $625K Print
Written by Admin   
Friday, 17 May 2013 12:35
NCAAB Headline News

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

NCAABB Team Pages

Top NCAABB Public Bets

View All: NFL |  NBA |  NCAAF |  NCAAB |  MLB |  NHL

NCAABB Futures

NCAA BASKETBALL TEAM MENS TOURNAMENT ODDS CURRENT
FLORIDA 1/1
KENTUCKY 5/2
WISCONSIN 7/2
UCONN 7/1
SAN DIEGO OFF
DUKE OFF
CLEMSON OFF
UCSB OFF
MARQUETTE OFF
KANSAS OFF
View All

Privacy Policy | Terms of Service | Contact Us | Advertising | 888-99-SPREAD

THIS IS NOT A GAMBLING SITE – If you think you have a gambling problem click here.

Disclaimer: This site is for informational and entertainment purposes only. Individual users are responsible for the laws regarding accessing gambling information from their jurisdictions. Many countries around the world prohibit gambling, please check the laws in your location. Any use of this information that may violate any federal, state, local or international law is strictly prohibited.

Copyright: The information contained on TheSpread.com website is protected by international copyright and may not be reproduced, or redistributed in any way without expressed written consent.

About: TheSpread.com is the largest sports betting news site in the United States. We provide point spread news, odds, statistics and information to over 199 countries around the world each year. Our coverage includes all North American College and Professional Sports as well as entertainment, political and proposition wagering news.

©1999-2013 TheSpread.com