University of California, Los Angeles, Athletics
Statement from UCLA Regarding Steve Alford's New Mexico Buyout
May 17, 2013
On Friday afternoon, the University of New Mexico issued a news release stating that they had reached a buyout agreement with their former Men's Basketball Coach, Steve Alford, who last month accepted the head coaching job at UCLA. The UNM news release does require some clarification. While there has not been a signed agreement, New Mexico has agreed to accept $300,000 of their original $1 million demand. A larger figure included in UNM's release appears to include certain bonuses which Coach Alford previously agreed to forego when he decided to terminate his contract there and accept the offer from UCLA.