BASKETBALL

Details on Crean's agreement with UGA including bonuses, assistant salary pool

Marc Weiszer
mweiszer@onlineathens.com
Georgia men's basketball coach Tom Crean speaks to reporters on July 9, 2018 (Marc Weiszer/Athens Banner-Herald).

Georgia committed not only to pay new men’s basketball coach Tom Crean up to $3.65 million a year if he hits all of the performance bonuses but gave him an increased salary pool for his assistant coaches.

That’s according to an eight-page memorandum of understanding obtained by the Athens Banner-Herald under an open records request. It was signed by Crean, athletic director Greg McGarity and president Jere Morehead on March 15, the day they met in Crean’s Florida house and his six-year deal worth at least $3.2 million annually was approved.

Crean’s deal is worth $3.2 million a year from a base salary of $400,000 and $2.8 million in “supplemental compensation.” Crean can earn up to $450,000 in performance bonuses. Former Georgia coach Mark Fox was paid $2.15 million per year before bonuses.

Crean was given a salary pool for hiring three assistants of at least $800,000 but not more than $900,000 without the approval of the athletic director.

Crean’s three assistants are making a total of $855,000: $300,000 for Amir Abdur-Rahim, $285,000 for Joe Scott and $270,000 for Chad Dollar.

The previous assistant coaches under Mark Fox were making a combined $672,000 .

Crean’s postseason performance bonuses are laid out so he would get one of the following: $25,000 for reaching the NCAA tournament, $50,000 for the Sweet 16, $125,000 for the Final Four and $250,000 for winning the national title.

An SEC regular season championship would be worth $50,000 and an SEC tournament championship $25,000. Being named SEC coach of the year would bring a $25,000 bonus and national coach of the year $50,000. There’s an academic bonus of $50,000 for the team finishing in the top third of SEC teams in the Academic Progress Rate and the NCAA’s Graduation Success Rate.

As for the buyout terms, if Crean were to leave for another Division I college job after this season, he would owe Georgia $8 million. If he were leave with four years left on his contract, the figure would drop to $4.8 million and decrease in each of the final three years to $3.6 million, $1.6 million and $800,000.

If Georgia were to fire Crean without cause, he would get $16 million after one season and that figure decreases each year to $9.6 million, $7.2 million, $3.2 million and $1.6 million.