SBD/17/Collegiate Sports

HOG HEAVEN: RICHARDSON'S DEAL HAS NO GRADUATION CLAUSE

          AR Univ. (AR) men's basketball coach Nolan Richardson's
     seven-year contract extension through 2007 "guarantees" him
     an annual package of $1.03M, according to Bob Holt of the
     ARKANSAS DEMOCRAT-GAZETTE.  The entire package includes
     salary, compensation from AR's apparel and shoe contract
     with Reebok, compensation for TV and radio shows, medical
     and insurance benefits, a housing allowance, an automobile,
     country club memberships and speaking engagements on the
     behalf of the Razorback Foundation.  The deal also includes
     "guaranteed" compensation for apparel and shoe contracts for
     Richardson through AR's Reebok deal, rather than Richardson
     making his own deal.  AR's agreement with Reebok ends August
     1, 2001, but the compensation for Richardson "remains
     intact" from AR for the length of his deal.  Richardson's
     agent, Kevin Scanlon, noted that the annual package does not
     include $35,000 paid by the Razorback Foundation into a
     deferred compensation plan each year, money Richardson earns
     from his summer camps, bonuses for postseason appearances or
     speaking engagements.  The deal also does not have "specific
     requirements" for graduation rates of Richardson's players
     (ARKANSAS DEMOCRAT-GAZETTE, 10/13).

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Related Topics:

Colleges, Reebok

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