Kevin Ollie: It's Official - $3 Million per year

[mauconnfan]

Great for KO and UConn fans alike……..now let's get some recruits!

NEXT

 

[warbler1055]

Happy for UConn and KO. Never had any doubt!!! Ten toes in!!!

 

[superjohn]

Now let's see if any of the Warde Manuel bashers have anything to say.

 

[Danzz]

Pheww, one less thing to worry about. Great news!

 

[VindiKate]

Welcome back KO!!$$ ....who, what, when, where? wait, he never left

 

[CTMike]

Now let's see if any of the Warde Manuel bashers have anything to say.

WHY WASN'T THIS DONE A MONTH AGO? He probably didn't get a high enough buyout, etc, donut, etc...

 

[phillionaire]

but when will kevin ollie come out and say he's not going to the nba?

 

[FluxTZ]

As a refresher, can someone remind us what everyone was speculating he'd get a raise to? Was it $2.5 million?

And how does this work out structurally? He was in Year 1 of his 5 year $7 million extension so does the 5 years start over @ $3 million/year or is it 5 additional years on top of the 4 remaining for a total of 9 years on the contract?

 

[aceboon]

in a moment of celebration, I am now overcome with the rage to stomp Jeff Goodman's ears together. what a fukboy this troll is.

 

[Kitaman]

Damn it, I used up all my Ollie posts on the other bogus threads!

 

[Chris]

U-C-O-N-N UConn UConn UConn!!!!!!!!

 

[sawxfan23]

As a refresher, can someone remind us what everyone was speculating he'd get a raise to? Was it $2.5 million?

And how does this work out structurally? He was in Year 1 of his 5 year $7 million extension so does the 5 years start over @ $3 million/year or is it 5 additional years on top of the 4 remaining for a total of 9 years on the contract?

A new 5 year deal that will run until 2018

 

[Calhoun's Court]

Daniel Hamilton please pick up your phone ........YOUR Coach is calling ​

 

[WestHartHusk]

I am super happy about this.

But, I do wish it was longer (7 years?). This means we should have a renegotiation coming up in 2-3 years again to protect recruiting.

 

[8893]

Good job all around.

As a refresher, can someone remind us what everyone was speculating he'd get a raise to? Was it $2.5 million?

I don't know what everyone else was saying, but I was saying close to $3M for 5 to 7 years. I was thinking more like $20 for 7 years, but this makes more sense given where the negotiations went. If they wanted to lock him up longer it probably got more difficult.

 

[UCONNfan1]

Very glad to hear this. If this were 15 years ago and there was no boneyard and hardly any internet access, it would have been a much smaller issue. But for the fans who read the boards every day and follow everything UCONN related on a fan-atical basis (myself included), this is welcome news.

I'm glad it is done, proud of our University for stepping up, very pleased with Warde for doing it the right way - not jumping the gun nor doing anything crazy - and psyched Ollie is committed so we can move on with recruiting and cheering our team on...

 

[8893]

Of equal importance, Ollie has raised the coaching salary bar for UCONN, putting our commitment into the upper echelon of elite basketball programs. Hopefully life after Ollie doesn't come for a long time, but when it does, the prescedent purse strings will have been stretched to a new buying power.

This is a very good point, and one that should also help quiet the speculation that he's going to jump in near-to-mid future (to help quell the inevitable recruiting rumors). The school has demonstrated that it will pay a very competitive salary to keep him, and that says a lot imo.

 

[SAMCRO]

WHY WASN'T THIS DONE A MONTH AGO? He probably didn't get a high enough buyout, etc, donut, etc...

Monitoring.

 

[SubbaBub]

Never doubted it for a moment. You may resume party.

 

[BoatShow]

WHY WASN'T THIS DONE A MONTH AGO? He probably didn't get a high enough buyout, etc, donut, etc...

B1G negotiations of course.

 

[intlzncster]

 

[junglehusky]

Wait, wait... so does this mean Ray Allen isn't going to be the head-coach-in-waiting????

 

[BoatShow]

Would make him the 9th highest paid NCAA hoops coach, just behind Matta.

 

[tcf15]

Would make him the 9th highest paid NCAA hoops coach, just behind Matta.

And just ahead of Josh Pastner

 

[superjohn]

Not sure who is more overpaid, Pastner or Coach K.