After a 15-17 record in his third season, UCLA head coach Steve Alford has “returned” the one-year extension he signed in 2014. (Hans Gutknecht/Staff)
After one of the worst seasons in recent UCLA history, Steve Alford said in a letter to fans that he has decided to return the one-year contract extension he signed in 2014.
The news comes in the wake of a 15-17 finish by the Bruins, just the fourth losing season for the program since it hired John Wooden in 1948. A run that included a five-loss streak to end the year — including a third straight to USC — sparked palpable outrage for the UCLA faithful. Twice this week, a plane flew over campus, pulling banners that read “UCLA DESERVES BETTER! FIRE ALFORD!” and “MARCH MADNESS IS NOT FIRING ALFORD.”
In an email sent out on Sunday evening, Alford acknowledged that the result was “unacceptable,” but also recognized that the letter was unlikely to “change any opinions.”
“The fact remains that no matter how much time passes, the way we finished this past season will eat at me for a long, long time,” he wrote. “Our record speaks for itself and is simply unacceptable. There’s nothing that I can say or write that will change that fact. This happened under my watch, it begins and it ends with me. The buck stops here.
“Because of this, I let (athletic director) Dan Guerrero know that I wanted to return the one-year contract extension I received after the 2013-14 season. This request has since been processed.”
The nullification of the one-year extension, signed after Alford’s first Sweet 16 run with the Bruins in 2013-14, would mean that the coach is only attached to the program until April 2020. Perhaps more importantly, it would also adjust his buyout terms to what was stipulated in his original contract.
Under those terms, Alford’s buyout drops to $7.8 million on April 30, to $5.2 million on the same date in 2017, and to $2.6 million in 2018. If UCLA were to dismiss Alford, it would pay him in monthly installments through April 30, 2020. Those payments would be reduced if Alford were to gain other sources of income.
See the full letter below: Continue reading “UCLA coach Steve Alford returns his extension after losing season” »