Tuesday, February 07, 2006

at LAST!


Anyone remember screaming "SIT DOWN JOE B" years ago? Man, what fun this was tonight. Tonight there was a press release talking about a 60 dollar bus ride that includes a ticket and a box lunch to the GA game on Saturday. If you wanta go call the UT Athletic Department.

Tennessee working on raise, contract extension for Pearl KNOXVILLE, Tenn. (AP) - Tennessee officials believe coach Bruce Pearl has already earned the right to have one of the top salaries in the Southeastern Conference.
Athletic director Mike Hamilton, who hired Pearl in March, said Wednesday that officials have started talking about extending Pearl's contract and giving him a raise.
"I think he will be one of the highest paid coaches in the conference," Hamilton said. "Right now he's in the middle of the pack with his salary. If we're going to have a program that aspires to be one of the top three or four programs in the league on a regular, consistent basis that comes at a cost. That's the direction we'll probably need to continue to head."
Pearl replaced Buzz Peterson, who was fired after four mediocre seasons. The No. 11 Vols (17-3, 8-1) beat Kentucky on Tuesday for only the fourth time ever in Rupp Arena, and they appear to be headed for the NCAA tournament for the first time since 2001.
Pearl's current contract is for five years through the end of the 2009-2010 season with a total package worth $800,000.
Kentucky's Tubby Smith leads the SEC with annual pay of a little over $2 million while Florida coach Billy Donovan makes about $1.7 million a year. Alabama coach Mark Gottfried signed a new contract in June worth $1 million a year.
Peterson's contract was worth $769,500 a year. Hamilton didn't say how much the raise would be or whether the new contract would be finished before the end of the season. Officials are "just kicking around ideas," he said.
The new fear among Tennessee fans - thrilled about the success Pearl has brought - is that Pearl will leave for a better job. Hamilton said he is asked that at least once a day.
"I can tell you for anybody who has a fear that we're not thinking about it or working on it, that fear is unfounded," Hamilton said.
The team's success also has boosted the athletic department's campaign to build a new practice facility for the men and women in a parking lot beside Thompson-Boling Arena. Construction could begin this summer or fall, Hamilton said.
Luxury suites around the arena are in the works, too. In November, the athletic department had five suites promised to donors, and now there are 21 spoken for at an initial down payment of $5,000 each. The total is expected to be between 26 and 32 based on the size of the suites.
The earliest they could be completed is in the 2007-08 season. Pearl is the third-highest paid coach at Tennessee. Football coach Phillip Fulmer makes $2.05 million annually, and Lady Vols coach Pat Summitt is paid $824,500 a year.
Pearl's current contract provides him with a bonus for postseason play. For instance, he would receive $36,000 or 16% of his base pay of $225,000, for earning a bid to the NCAA tournament.
The most he could get is 32% of his base pay or $72,000 for winning the NCAA championship. Winning the SEC East would pay 20% or $45,000.
He would receive only one bonus for the highest finish. The bonuses are not cumulative.

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