THE DEAL FOR PITINO
Highlights of Gophers coach Richard Pitino’s contract:
• Pitino will make $1.2 million per year ($500,000 base salary plus $700,000 supplemental) on a six-year contract. The base portion of his salary will increase by at least 5 percent every year.
• He will get a lump sum bonus of $400,000 on April 30, 2016, and on the same date in 2019 if he is still coaching at the U.
• He has the use of a private jet for recruiting. Expenses for the jet cannot exceed $50,000 in a fiscal year.
• If Minnesota fires him, the buyout is half his base salary plus all supplemental salary remaining. However, if Pitino gets another “comparable” job, Minnesota’s payments to Pitino would end. That’s a provision Minnesota did not have with Tubby Smith.
• If Pitino wants to get out of his contract early, he has to pay $1.5 million before April 30, 2016, and $500,000 any time after that for the length of the contract.
• Pitino has several bonus clauses, including $50,000 for making the NCAA tournament and another $50,000 if the Gophers make the Sweet 16. He gets $50,000 if Minnesota has a winning record in the Big Ten — something Smith never accomplished.
|Cleveland - LP: C. Carrasco||6||FINAL|
|Detroit - WP: K. Lobstein||8|
|Chicago Cubs - WP: J. Arrieta||5||FINAL|
|Cincinnati - LP: A. DeSclafani||2|
|Washington - LP: G. Gonzalez||2||FINAL|
|Miami - WP: D. Haren||6|
|Toronto - LP: M. Buehrle||1||FINAL|
|Tampa Bay - WP: C. Archer||5|
|Atlanta - LP: T. Cahill||4||FINAL|
|Philadelphia - WP: J. Williams||5|
|Boston - LP: W. Miley||7||FINAL|
|Baltimore - WP: B. Norris||18|
|St. Louis - LP: L. Lynn||3||FINAL|
|Milwaukee - WP: M. Blazek||6|
|Kansas City - LP: K. Herrera||2||FINAL|
|Chicago WSox - WP: D. Robertson||3|
|Kansas City - LP: E. Volquez||3||FINAL|
|Chicago WSox - WP: J. Danks||5|
|Texas - WP: N. Feliz||5||FINAL|
|LA Angels - LP: J. Alvarez||4|
|Houston - WP: T. Sipp||7||FINAL|
|Oakland - LP: T. Clippard||6|
|Los Angeles - LP: S. Baker||1||FINAL|
|San Diego - WP: B. Morrow||3|
|Pittsburgh - WP: F. Liriano||8||FINAL|
|Arizona - LP: J. Hellickson||0|
|Minnesota - WP: C. Fien||4||FINAL|
|Seattle - LP: T. Olson||2|
|NY Mets - LP: J. Niese||4||FINAL|
|NY Yankees - WP: C. Shreve||6|
|Red Bull New York||1|
Poll: Does it bother you that Tyus Jones chose Duke over Minnesota?