Glass announces two-year contract extension, raise for Crean


Just before tip-off in Friday night’s game, Indiana athletic director Fred Glass took the mic and said Indiana has agreed with coach Tom Crean on a two-year extension that would keep him as coach through 2020 and pay him $3.16 million per year. The release sent after the announcement follows.

RED GLASS ANNOUNCES CONTRACT EXTENTION FOR MEN’S BASKETBALL COACH TOM CREAN
BLOOMINGTON, Ind. – Right before the tip-off of tonight’s men’s basketball game against Bryant, Indiana University Vice President and
Director of Intercollegiate Athletics Fred Glass announced to the capacity crowd that he and Tom Crean had reached agreement on the terms
of a new contract, including a two-year extension, that Glass said would keep Tom Crean as the head men’s basketball coach at Indiana at
least through the year 2020. The announcement was received with thunderous applause from the sellout crowd.
“Tom Crean has done an absolutely phenomenal job bringing Indiana University back to its rightful place as one of the elite basketball pro-
grams in the country,” Glass said. “His energy, integrity, ability, passion, industry, vision, and commitment are unparalleled.”
“Since we arrived in April of 2008, we have been all in,” said Crean. “ Even through all of the challenges our love and passion never wavered
for Indiana basketball and all that the school and the state embodies. We are extremely thankful to have the support of this administration
led by President McRobbie and our Board of Trustees and the support of Fred Glass. We are honored to know we will be here for a very long
time. Once you are a part of Indiana University, there is really no desire to work or live anywhere else. Go Hoosiers!
The key terms of the new contract will include the two-year extension from six years to eight years (through June 20, 2020) and an increase
in the average annual non-performance based compensation from approximately $2.52 million to approximately $3.16 million. All of the
annual incremental income will be paid through deferred compensation. The new contract will also add a performance bonus for team
academic performance as measured by APR, GSR, and GPA worth as much as $55,000 per year. The contract will also contain increased
buyout and guaranty provisions.
Once the contract is formally signed, it will be released publicly
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62 comments:

  • Geoff says:

    FireCrean2020?

    Congrats coach!

  • FireCrean2013 says:

    That’s what happens when the AD is hired by the BB coach.

  • Fire FireCrean2013 says:

    We’ve all made wrongheaded arguments, but when you’re so wrong that even your name is invalidated, it’s time for a new line of work.

  • Hoosier Clarion says:

    Solid, proactive business decision by AD Glass for the athletic department and the right move for the program and school. He’ll do the same for Coach Wilson after next season or just prior to the 2014 season. His challenge today is how close to 53k can he coax into MS against Wisky? I’ll bet he leaves no card un-played

  • Podunker says:

    FC2013, that news really had to hurt. But just think, you now have eight more years to post inane and ridiculous comments about IU’s BB coach, and you can keep updating your Hoosier Scoop screen name every year. Next year, you can be “FireCrean 2014,” then “FireCrean 2015,” and on and on and on, until the day Crean retires.

    I can see it now; a few years from now, after Crean has won a couple of NCAA Championships, you’ll still be here calling for him to be fired. In for a penny, in for a pound, right!

  • FireCrean2013 says:

    I can see it now; a few years from now, after Crean has won a couple of NCAA Championships, you’ll still be here calling for him to be fired. In for a penny, in for a pound, right!

    Poopy: not a chance. Crean won’t get a banner in Bloomington if he lived to “coach” here 2,020 years. but your screen name will indeed disappear like it happened with BeatPurdue after Bill Lynch’s last game (and win) away in West Laffy. Crean will derail this luxurious train soon enough, and he will be fired 2-3 years down the road. Or move on to coach something at his level (e.g., Rice, South Dakota, Bryant, Loyola (MD), teams he has studied well during his short stint in Bloomington).

    Here’s Crean exposing his basketball philosophy before resigning in 2013.

  • Chet says:

    How’s your granddad, FireJohnWooden1951, doing these days?

    I can still remember when he and his brother, FireDeanSmith1963, would take your brother, FireNickSaban1995, and your sister, FirePatSummitt1975, dynamite fishing next to the old paper bleaching plant.

    I heard they lost everything investing with Goldman Sachs.

  • Rico Chet says:

    ^ Chewt, go back to your ward quickly before the nurse finds you in the computer room!

  • Geoff says:

    Chet, that was funny. I bet even Rico chuckled at that before the retort.

  • Iso T-Storms says:

    Geoff, Rico only laughs at himself. Duhh.

  • stationary front says:

    I am sure he laughed before, during and after.

    Chet is a dimwit, has always been.

    Didn’t he say two years ago that Zeller is not important?

  • Geoff says:

    He may have used a combination of those words, but certainly not in the context that you are presenting them.

  • Chet's Infinite Supply of Stupidities says:

    There it is:

    Chet (Saturday, October 16, 2010 – 8:02 PM UTC) said:

    If Zeller doesn’t come all is lost … What a frickin’ moron. Indiana lost Larry Bird. Knight had him and lost him. All we were able to do was have an undefeated national championship team. Zeller is one player. I’ve seen better, I’ve seen worse. He damn sure isn’t a Larry Bird.

    Chet is a moron. Damn sure he is.

  • FireCrean2013 says:

    ^ Can’t argue with that!

  • Chet says:

    In order to argue with that you have to claim:

    1. You’ve NEVER seen a player better (or worse) than Cody.

    and

    2. Cody is better than Larry Bird.

    So, obviously that’s your position.

    What a friend kin’ moron.

  • Chet says:

    Stupid phone. frickin

  • Harvard for Hillbillies says:

    I think Chet knew in his heart that if we lost a kid like Etherington all would be lost. It was Etherington that assembled ‘the Movement’…It is Etherington that embodies the spirit of ‘the Movement’ and our current resurrection from the ashes of irrelevancy.

    My take on Chet’s interpretation is that he’s merely alluding to the humble origins man’s greatest achievements. Basketball is a team game and the biggest hearts behind the changes our collective successes don’t necessarily become the “stat stuffers” or make the cover of Sports Illustrated.

    Note: photo courtesy Inside the Hall

  • Laffy says:

    Quit f-ing crying how “Etherington started it all.” In case you missed it, moron, Hulls was here first and started turning things around before Eth ever signed anything.

  • FireCrean2013 says:

    Chet is hands down by far the most laughable dimwit on this entire blog. That, if you don’t count Crean’s quotes:

    “There’s conventional, there’s unconventional and then there’s tonight,” he said. “We need to do the same thing next Monday and Tuesday. We’ve got to do the same thing against Ball State and North Carolina. It makes no difference.”

    Thus spake His Smarminess…

    “Your fundamentals, your technique, all your experiences, all those things are really, really important, but there’s nothing bigger than energy and toughness. It’s got to be there constantly,” Indiana coach Tom Crean said. “Once we got that figured out tonight and we had some guys that figured it out from the beginning, but we didn’t have a team of guys that figured it out from the beginning, and once we did, I thought we played pretty well.”

    OK, folks? That’s it in a nutshell.

    A very BIG, porous, sucky nutshell.

  • Chet says:

    That’s probably it, Harvard.

  • Chet says:

    Every time FC13 (you do realize you need a new name, right?), aka “$hi# for brains”, wastes a hour looking for my old posts, an angel gets his wings.

  • Lord of the Limp Bizkit says:

    Even if we were to hypothetically accept Rico’s standard desperate-for-attention doofusyness and consider Crean’s quotes to be laughable (which the are not), here’s one that easily takes the cake:

    “It’s very difficult to win road games, but it’s hard to win homes games (too). If, all of a sudden, you don’t play well — a game where you don’t make shots or where you’re not on top of your game defensively — you really run the risk of losing” -Steve Alford

    Oh really Steve? Ya think?

    Such astute basketball wisdom will only ever be outshined by Skip Bayless – and maybe, at that.

  • FireCrean2013 says:

    ^ I agree. You’d have to be an imbecile to look for something like that more than 5 seconds or to think that it could take longer than that. And that’s how long it takes — not to you, of course, since you obviously can’t even use the phone.

    Keep posting, Chet. Every time you make one of your attempts at logic an angel somewhere pees itself laughing.

  • Harvard for Hillbillies says:

    Hulls is glory, guts, and gumption..Always believed it..Always will. And a far better player than you could ever find within all your thick BS hate directed at him last season. You are the hypocrite of all hypocrites. Now you’re defending Jordy? Now you’re crying Jordy “abuse” for the kid you always claimed was “abused on defense” when he was basically playing on an island with no real help in terms of top talent in the backcourt?

    ‘The Movement’ and the influences formed within the relationships doesn’t happen without Etherington. He was behind the scenes in the AAU circuit and a constant vigilante organizer to get the major players to convince the major talent that put us over the top. I read many a Thursday chat where Kellenberger and Dustin sited numerous examples(how Etherignton would smmooze it up with coaches, fans, and former Hoosiers at games) in total agreement with that perception. Shall I go find them? Do you honestly think we signed Etherington because he was the next Steve Green? Do you honestly think Cody came to IU solely because of Tom Crean and Dan Dakich? Wake up. These kids wanted to collectively bring Indiana back and there was no greater motivator than the CEO behind the Movement, Austin Etherington. You cut that kid now and run him out of Bloomington once Cody leaves and you’ll unleash the karma. God help IU if they break that kid’s heart or twist his tongue into saying he’s leaving on his own accord.

  • Keith says:

    There’s conventional, unconventional and stupid (Crean). Does anyone remember the ESPY play of the year 2012? A broken play by Christian Watford and Verdell Jones. Why do you think they did not do what Crean had drawn for them?

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