hatvol96
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Pearl makes $1.6 million per year and is due a $500,000 retention bonus next season.
Pearl was previously signed through 2013 and made $1.3 million last season. His new deal increases his salary to an average $2.3 million a year. It includes a $250,000 bonus and an upfront retention bonus of $1.5 million.
Pearl's contract "averages'' $2.3 million annually through 2013 - but that's assuming Pearl is still around to collect the $500,000 retention bonus at the end of the 2010 and 2013 seasons.
Without the retention bonuses factored in, Pearl would make $1.7 million for the 2000-10 season, $1.8 in 2010-11, $1.9 in 2011-12 and 2 million in 2012-13.
The current Sentinel article (Hamilton, Pearl to discuss contract; statement expected today : Basketball : Knoxville News Sentinel) says...
While this article (Tennessee gives football, men's hoops coaches raises - College Sports - ESPN) also from the Sentinel says.....
So, is one factoring in a certain portion of salary that the other isn't, or what? I've heard the 2.3 mil number around here...so I assume that is correct. Does anyone have an explanation of where the Sentinel's 1.6 comes from (besides just saying "what do you expect from the Sentinel?)?
Edit:
Griff just wrote this in his blog...
So, is Calapari's 3.5 mil something that he will be earning every year - or is there a similar increase over time with a retention bonus? I just want to make sure we are comparing apples to apples here.
I think that actually would make me a xenophobe or a jingoist.