Greenspan to receive $400,000 severance payment

By   |   Thursday, Jun. 26, 2008 - 6:34 PM   |   14 comments

8:55 p.m. update: We just learned from IU spokesman Larry MacIntyre that the exact amount of Greenspan’s severance payment will be $441,600.

————-

According to IU spokesman Larry MacIntyre, Rick Greenspan will receive one year’s compensation as a severance payment after his resignation is effective at the end of the year. That payment, based on his annual salary and all benefits, will amount to about $400,000.



Live blog from Greenspan press conference

By   |   Thursday, Jun. 26, 2008 - 4:35 PM   |   30 comments

5 p.m.: The overall tone, to this point, has been pretty simple: Yes, Greenspan and the basketball program made serious mistakes. But the “failure to monitor” allegation is something no one in Bloomington is ready to accept. Greenspan said the NCAA investigators told IU officials that there would be no charge like this.Crean was just asked his first question. “I am extremely disappointed I am only going to work with (Rick) another six months,” Crean said. “We are rebuilding a team, and we are certainly rebuilding a culture inside that team. But we are not rebuilding a program. “We’re building for the long haul. And that’s the stance we are going to take.”And we’re done. Exactly 20 minutes.

4:50 p.m.: Tom Crean has just sat down at the table with McRobbie and Greenspan. Greenspan just said part of his decision was because too much focus was on him, and the department, rather than the accomplishments of the student-athletes.He also just deflected a question of whether or not, if he had to do it over again, he would hire Kelvin Sampson.”It’s extremely regrettable that the actions of a few have brought disappointment to so many,” Greenspan said. Also interesting was a major question mark an hour ago — why leave in December, and not now? Greenspan said is there still work to be done, and he looks forward to the football season.

4:45 p.m.: We’re underway here. The focus continues to be on what Greenspan did to clean up the financial picture of the athletics department.”I want to be absolutely clear that this is Rick’s decision,” said IU president Michael McRobbie. McRobbie said he is upset about the new charge against IU, and that the university will “vigorously” defend itself.Early in his prepared statement (literally, he read it from a sheet of paper he held up), Greenspan said the most obvious statement of the year at IU.” My four years here have been challenging and never boring,” Greenspan said.

4:35 p.m.: There are about 60 people, mainly IU officials and the media, inside the Hoosier Room, awaiting the start of today’s press conference to officially announce the resignation of athletics director Rick Greenspan, effective at the end of the year. We were scheduled to start five minutes ago, but it appears we are waiting on members of the Indianapolis media to arrive.Internet service is spotty down here, but I am going to attempt to keep all of you informed of what is going on during this presser.



IU: Greenspan to step down at end of calendar year

By   |   Thursday, Jun. 26, 2008 - 3:16 PM   |   39 comments

Here’s the just-issued news release from IU:

RICK GREENSPAN TO STEP DOWN AT CONCLUSION OF CALENDAR YEAR

BLOOMINGTON, Ind. - Indiana University Director of Athletics Rick Greenspan today announced that he would step down from his position, effective the end of the calendar year.

"This has been a very difficult time and I am aware that I have become the focus of criticism which will continue to distract Indiana University from its core educational mission. Consequently, I believe a new person will be in a stronger position to lead IU Athletics moving forward and it is in IU's best interests for me to stand down. You can rest assured that I will work with great diligence and effort on behalf of our student athletes and coaches over the next six months. They deserve nothing less," said Greenspan. "Without question, I am extremely disappointed in the new charges brought by the NCAA Committee on Infractions against Indiana University that were released today. I disagree with these charges, particularly since the NCAA Enforcement staff did not reach this same conclusion after their original, in-depth investigation. Nevertheless, the new charges must and will be answered," said Greenspan.
Read the rest of this post »



NCAA releases text of further allegation against IU

By   |   Thursday, Jun. 26, 2008 - 3:14 PM   |   10 comments

From the e-mail inbox:

BLOOMINGTON, Ind. — Indiana University today (June 26) released the text of a further allegation that has been made against it by the NCAA Committee on Infractions. This allegation, called Allegation 6, is titled “failure to monitor,” and follows five other allegations made against the university earlier this year by the NCAA. A hearing concerning these first five allegations was held on 14 and 15 June. The text of the letter citing this new allegation can be viewed at http://www.indiana.edu/~iunews/letter.pdf. Indiana University President Michael A. McRobbie said the University intends to defend itself vigorously against this additional allegation.

From the letter:

From May 25, 2006 to July 31, 2007, the university failed to monitor the men’s basketball program in terms of (a) the general monitoring required of all NCAA member institutions; and (b) the heightened monitoring required by the prior infractions history of the former head coach; and (c) the required strict adherence to those additional processes it put in place pursuant to its adoption of penalties imposed in Infractions Report 250.

The university has three options:

1. To rest on what was said at the hearing (in Seattle earlier this month).

2. To submit a response in writing and rest on that response and the presentation at the hearing.

3. To file a written response and request an in-person hearing.



IU news conference on Greenspan and new NCAA allegation today at 4:30 p.m.

By   |   Thursday, Jun. 26, 2008 - 2:59 PM   |   2 comments

PDF: New allegations against IU

IU will have a news conference at 4:30 p.m. to discuss the future of Athletic Director Rick Greenspan.

According to a source close to the situation, the news conference will also involve discussion of a new NCAA allegation that IU failed to adequately monitor its basketball program.

Watch the Hoosier Scoop for news as it happens.



Rumors at IU

By   |   Thursday, Jun. 26, 2008 - 2:54 PM   |   3 comments

3 p.m. UPDATE: There is a 4:30 p.m. press conference scheduled.

Heading over to Assembly Hall right now, because it appears something is going on. A source close to the situation has told the Herald-Times that there will be some sort of announcement, possibly as soon as today. But no other information is available at this time.

Will update as needed. Stay at heraldtimesonline.com to find out.



When on Rome

By   |   Wednesday, Jun. 25, 2008 - 3:17 PM   |   11 comments

Eric Gordon appeared on Jim Rome’s show yesterday. Fared pretty well. In general, Gordon’s not a very loquacious fella. But he’s always been an honest one.  And this is probably the best interview I’ve ever seen him give. Then again, that’s the one thing any GM can be sure of when he thinks about drafting Gordon: the kid will work to improve in whatever ways he needs to.

VIDEO: http://sports.espn.go.com/broadband/video/video?id=3459432





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