http://espn.go.com/ncb/news/2002/0301/1343512.html
Richardson out as coach of Razorbacks
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ESPN.com news services
FAYETTEVILLE, Ark. -- The University of Arkansas on Friday bought out Nolan Richardson's contract, saying it would pay the coach up to $500,000 a year for the next six years to have him quit as coach.
"We are grateful to Coach Richardson for his many contributions to the program over his tenure," a statement from the university said.
Athletic director Frank Broyles said: "We believe it's time for a change in leadership for the best interests of the basketball program."
He said the school would begin seeking a replacement when appropriate and that Richardson assistant Mike Anderson would take over as interim coach.
Arkansas plays Vanderbilt on Saturday in its final regular-season game. It also will play in the Southeastern Conference tournament. At 13-14, it is unlikely the team would make the NCAA tournament, but an NIT bid might be possible with a victory or two in the conference tournament.
Discussions over the future of Arkansas basketball coach Nolan Richardson had entered a second day Friday amid reports the school wanted to buy out the last six years of his contract.
Lawyers for Richardson and the Little Rock-based university system got involved Friday, sources close to the coach and the athletic department said, but there was no indication if they were close to resolving things.
At his office in Little Rock, system President B. Alan Sugg said he had not met with Richardson but he had been in touch with people who were talking with the coach. He would not say whether he wanted Richardson to come back for an 18th season.
At noon, from an elevator outside White's office in Fayetteville, athletic director Frank Broyles said, "You'll know something this afternoon." He wouldn't say what was being discussed.
The coach, Broyles and Fayetteville campus chancellor John A. White met for 90 minutes Thursday without resolving the longtime coach's future.
Richardson complained at a news conference Monday that he was treated differently because he is black. He said he was not answerable to fans or to the media, but his agent said later the remarks were directed at the small percentage of hard-to-please Razorback supporters.
After Thursday's meeting, Richardson canceled his regularly scheduled news conference and skipped practice. Assistant coach Mike Anderson, who spoke with reporters after the workout, said he and other assistants were capable of leading the team if Richardson couldn't during Saturday's game against Vanderbilt.
Television stations KATV in Little Rock and KFAA in Fayetteville said Richardson rejected an offer to buy out the six years left on his $1.03 million a year contract. School officials refused to address the report.
Richardson said Thursday during the Southeastern Conference coaches' teleconference that he wanted to remain as coach.
"I enjoy where I am. I've worked extremely hard. We've got a good recruiting class coming in next year," he said. "I had made those promises to the families, and so my interest has always been high in coaching. At this point, I still love the game."
The coach raised the possibility of a buyout last Saturday in Lexington, Ky. In discussing pressure on him and Kentucky coach Tubby Smith, Richardson said: "If they go ahead and pay me my money, they can take the job tomorrow."
White said he chalked Richardson's comments up to frustration with a season record that fell to 13-14 with a loss to Mississippi State on Wednesday night. But as the effects of the comments lingered, White said that Richardson's most recent remarks harmed the university and that he couldn't guarantee the coach's job was secure.
"There has been a lot of damage overall to the program. Coach Richardson recognizes that," White said late Wednesday.
Sources familiar with Richardson's contract said there are three ways it can be canceled:
If Richardson quits, he gets nothing.
If Richardson is fired for cause, he gets nothing.
If the university voids it, it must pay him $500,000 for each year remaining on it.
Richardson has coached at Arkansas for 17 years and took the team to the NCAA tournament in 14 of the previous 16 years. In his tenure, the Razorbacks advanced to the Final Four in 1990, 1994 and 1995. Arkansas beat Duke for the title in 1994 and lost to UCLA in the 1995 championship game.
The university's student-run newspaper, The Arkansas Traveler, said in an editorial Friday that the school should do what it can to make sure Richardson stays.
"For 17 years, Nolan put this university on the map. Bud Walton Arena was built for him, and he christened it with a National Championship banner," the paper wrote. "Though he might have not expressed himself very well off the court Monday, the banners in Bud Walton Arena speak volumes.
"Nolan deserves to be the coach as long as he wants to, which, hopefully, will be long enough to hang another National Champion banner here."
Richardson out as coach of Razorbacks
--------------------------------------------------------------------------------
ESPN.com news services
FAYETTEVILLE, Ark. -- The University of Arkansas on Friday bought out Nolan Richardson's contract, saying it would pay the coach up to $500,000 a year for the next six years to have him quit as coach.
"We are grateful to Coach Richardson for his many contributions to the program over his tenure," a statement from the university said.
Athletic director Frank Broyles said: "We believe it's time for a change in leadership for the best interests of the basketball program."
He said the school would begin seeking a replacement when appropriate and that Richardson assistant Mike Anderson would take over as interim coach.
Arkansas plays Vanderbilt on Saturday in its final regular-season game. It also will play in the Southeastern Conference tournament. At 13-14, it is unlikely the team would make the NCAA tournament, but an NIT bid might be possible with a victory or two in the conference tournament.
Discussions over the future of Arkansas basketball coach Nolan Richardson had entered a second day Friday amid reports the school wanted to buy out the last six years of his contract.
Lawyers for Richardson and the Little Rock-based university system got involved Friday, sources close to the coach and the athletic department said, but there was no indication if they were close to resolving things.
At his office in Little Rock, system President B. Alan Sugg said he had not met with Richardson but he had been in touch with people who were talking with the coach. He would not say whether he wanted Richardson to come back for an 18th season.
At noon, from an elevator outside White's office in Fayetteville, athletic director Frank Broyles said, "You'll know something this afternoon." He wouldn't say what was being discussed.
The coach, Broyles and Fayetteville campus chancellor John A. White met for 90 minutes Thursday without resolving the longtime coach's future.
Richardson complained at a news conference Monday that he was treated differently because he is black. He said he was not answerable to fans or to the media, but his agent said later the remarks were directed at the small percentage of hard-to-please Razorback supporters.
After Thursday's meeting, Richardson canceled his regularly scheduled news conference and skipped practice. Assistant coach Mike Anderson, who spoke with reporters after the workout, said he and other assistants were capable of leading the team if Richardson couldn't during Saturday's game against Vanderbilt.
Television stations KATV in Little Rock and KFAA in Fayetteville said Richardson rejected an offer to buy out the six years left on his $1.03 million a year contract. School officials refused to address the report.
Richardson said Thursday during the Southeastern Conference coaches' teleconference that he wanted to remain as coach.
"I enjoy where I am. I've worked extremely hard. We've got a good recruiting class coming in next year," he said. "I had made those promises to the families, and so my interest has always been high in coaching. At this point, I still love the game."
The coach raised the possibility of a buyout last Saturday in Lexington, Ky. In discussing pressure on him and Kentucky coach Tubby Smith, Richardson said: "If they go ahead and pay me my money, they can take the job tomorrow."
White said he chalked Richardson's comments up to frustration with a season record that fell to 13-14 with a loss to Mississippi State on Wednesday night. But as the effects of the comments lingered, White said that Richardson's most recent remarks harmed the university and that he couldn't guarantee the coach's job was secure.
"There has been a lot of damage overall to the program. Coach Richardson recognizes that," White said late Wednesday.
Sources familiar with Richardson's contract said there are three ways it can be canceled:
If Richardson quits, he gets nothing.
If Richardson is fired for cause, he gets nothing.
If the university voids it, it must pay him $500,000 for each year remaining on it.
Richardson has coached at Arkansas for 17 years and took the team to the NCAA tournament in 14 of the previous 16 years. In his tenure, the Razorbacks advanced to the Final Four in 1990, 1994 and 1995. Arkansas beat Duke for the title in 1994 and lost to UCLA in the 1995 championship game.
The university's student-run newspaper, The Arkansas Traveler, said in an editorial Friday that the school should do what it can to make sure Richardson stays.
"For 17 years, Nolan put this university on the map. Bud Walton Arena was built for him, and he christened it with a National Championship banner," the paper wrote. "Though he might have not expressed himself very well off the court Monday, the banners in Bud Walton Arena speak volumes.
"Nolan deserves to be the coach as long as he wants to, which, hopefully, will be long enough to hang another National Champion banner here."