In baseball parlance, Bruce Pearl is four for four. Four seasons at Tennessee. Four new contracts.
Pearl’s latest contract, however, and the circumstances surrounding it, is the one that is the most interesting.
There’s no denying or arguing the fact that each of Pearl’s new contracts after his first three seasons at Tennessee were justified. For Pearl quickly took Tennessee from a basketball afterthought to SEC Eastern Division Champions and a No. 2 seed in the NCAA Tournament in his first season. He followed that up with back-to-back NCAA Sweet 16 appearances, including an SEC Championship and the program’s first-ever No. 1 ranking in 2008.
Last season was a little different, though. The Vols, who were picked in the preseason to win their second straight SEC championship, failed to do so, sputtered down the stretch, and lost in the NCAA’s first round as a No. 9 seed to Oklahoma State.
Based on last season’s results, Pearl was not about to receive a new contract from athletic director Mike Hamilton. But then Memphis came calling and that changed everything.
All of sudden, the Vols faced not only losing their basketball coach, but to one of its fiercest rivals also. Hamilton, to his credit, didn’t let Memphis’ courtship of Pearl last very long, agreeing in principle with Pearl to a new contract just a couple of days following Memphis’ initial expression of interest in Pearl.
As it turns out, Pearl’s new contract is not great shakes in terms of additional money or years. Pearl received a 9.5% raise and a one-year extension over his previous contract. Over the course of the new six-year deal, Pearl will average making about $2.32 million per year, compared to John Calipari’s $3.7 million per year at Kentucky and Billy Donovan’s $3.5 million per season at Florida. Not chump change, but not a huge increase, either. Memphis was reportedly prepared to offer Pearl approximately $3 million per year.
What Pearl’s new contract appears to be more about is his assistants.
With Lane Kiffin’s arrival has come an astronomical increase in assistant coaches salaries for the football program. Monte Kiffin will make $1.2 million this year and Ed Orgeron will make $650,000, to name a couple of examples.
With that kind of money being thrown around by the athletic department for assistant coaches, it’s no wonder that Pearl wanted a bigger piece of the pie for his assistants. After all, his assistants have at least been part of a program that has coached and won a game.
Pearl’s new deal reportedly calls for his assistants to receive a raise commensurate with Pearl’s 9.5% raise. Given Pearl’s and the basketball program’s success during the last four years, it’s hard to argue that one.