WMC-TV NBC Memphis: Pearl To Interview & Offered Tigers Contract

MEMPHIS, TN (WMC-TV) - Sources tell Action News 5 the University of Memphis has offered Tennessee basketball coach Bruce Pearl a seven year, $21 million contract to fill the vacant Tiger head coach position.

The source tells Action News 5's Jarvis Greer that Pearl has expressed interest, and is expected to be in Memphis today or tomorrow to interview for the job.

Wednesday, former Indiana coach and current ESPN analyst Bobby Knight interviewed for the head coach position.

This while, Tiffany Carpenter, Tennessee Athletic's Director of Public & Media Relations says Coach Pearl will be issuing a statement himself, within the next hour committing to stay at the University of Tennessee as the Men's Basketball Coach.
Pearl is out of the State today on Business, not related to the Memphis Coaching position, which apparently he's not interested in nor is he apparently interested in even interviewing or talking with Memphis officials about the Calipari vacancy.

Your WVLT, Volunteer TV Sports Overtime Team contacted UTAD Mike Hamilton numerous times yesterday, and Hamilton confirmed Memphis had not asked for permission to talk with Coach Pearl about their Coaching Vacancy.

Coach Pearl is currently making $1.6 Million a year plus certain incentives. He's slated to receive another $500,000 in a longevity bonus to be paid at the end of the 2010 Basketball season. Pearl's current contract runs through 2014, and he received a roughly $2 million dollar signing bonus if/when his contract was ever solidified as it was reported last summer. Pearl's contract also includes a $2.5 million dollar buy-out clause should he leave for another coaching position at any school.

Comparing a "Wall Street Journal" report on Basketball Coaches Salaries, Coach Pearl ranks very near the bottom, making under $2 million a season. 11 top ranked coaches, some with lower winning percentages make more than him with Kentucky's John Calipari topping them all, making just over $4 million a year.

We'll have more on this story through-out the day on Volunteer TV News & on Volunteertv.com...

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  • by denny Location: knoxville on Apr 2, 2009 at 07:56 PM
    i just ask my self over and over would parl leave knoxville for memphis a team that he beat alot so memphis is not much better than tennessee at all..and plus still be in tennessee alot of ppl would like him anymore so it wouldnt be good they r alot of fan for ut in memphis soo i just dont c it myself i love pear at ten and what him here for long time so mike needs to pay tha man and we wont have to worrie about it plus tenness is close to winning a ncaa tourny so close i would say next year or 2
  • by john Location: Boulder co on Apr 2, 2009 at 03:54 PM
    I don't know if he will come, but it is dubious if any coach could win big or make TN into a top 5 team each year. A coach can do that at Memphiis. SO that is one question... does Pearl really want to be a natinal power year in and year out???
  • by Vol4Life Location: Murfreesboro, Tn on Apr 2, 2009 at 02:19 PM
    Apparently Bruce realizes that Memphis is not as great a job opportunity as all the Tiger Fans seem to think. I hope to see him in those obnoxious orange suits for a long time!!!! Go Vols
  • by Smoke on Apr 2, 2009 at 12:50 PM
    Yes as long as they werent beer or cigaret ads.
  • by bogeydog Location: The Ham on Apr 2, 2009 at 12:47 PM
    Pearl is a smart guy. He's underpaid at UT, Bama and UK have real coaches now and the Fed Ex folks have a lot of chump change. Besides, working with Hamilton and in the shadows of the Lame Kiffin Comedy Show isn't good for your long term career success.
  • by John Location: Knoxville on Apr 2, 2009 at 12:08 PM
    This is not good...Memphis is a step up in basketball obviously


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