After leading the Vols to three SEC East championships in the past four years, it was announced today by the University of Tennessee that basketball head coach Bruce Pearl would be receiving a one year extension on his contract that also laid out an increased compensation package.
The contract extension will see Coach Pearl’s salary rise to $1.9 million annually, with an added $500,000 longevity bonus raising it to $2.4 million. On the subject of his extension, Pearl had this to say:
I am grateful to President Simek, the Board of Trustees, Athletic Director Mike Hamilton, my staff and of course our players. I appreciate the Tennessee fans everywhere for the support they have shown our team. The University of Tennessee has so much to offer – from great academic programs to incredible athletic resources to the most passionate fans in the country. I look forward to being the men’s basketball coach at Tennessee for many more years.
In five years, Coach Pearl has been able to accomplish so much for the Basket-Vols, including their first No. 1 ranking, an overall SEC Championship, and four straight NCAA tournament appearances to go with an average of twenty-five wins per season.
More than that, though, is the fact that Bruce has revitalized Tennessee basketball, bringing the program out of obsurity and thrusting it into the national spotlight. He gave us something to cheer for when Fulmer had us in agony. He brought a spark to Tennessee atheletics, and for that, I am forever grateful.
This extension should be viewed as a token of our gratitude for a job well done. Keep it up, Coach.