Take two breaths.
It’s not true.
Maybe down the road IU offers Alford, the former IU All-America, that kind of money. But for now, it’s the kind of hot air that will swirl around the program until athletic director Fred Glass officially names his guy.
Specifically, the Huffington Post’s Jordan Schultz tweeted that IU has offered Alford a seven-year deal worth $31 million. That was hours before the Bruins played Cincinnati in the NCAA Tournament.
ESPN’s Jeff Goodman tweeted that IU has not offered Alford yet. Jeff Rabjohns of peegs.com also said the report was not true.
Glass has hired a nationally renowned search firm, Parker Executive Search, to facility the task of finding the replacement for Tom Crean, who was fired on Thursday.
Parker Executive Search aids many corporations and universities in job searches. The Atlanta-based firm helps set up interviews, conduct background checks and ensures discretion. The firm helped Missouri land former Cal coach Cuonzo Martin to be its new basketball coach – with a reported $80,000 price tag.
The firm’s webset says it often wraps up searches in 10 to 14 days.
IU used Parker once before. The result of that search — the Hoosiers hired Kelvin Sampson.
Two years later, NCAA violations under Sampson resulted in sanctions that took Crean three years to recover from.
During last Thursday’s press conference, Glass said he would conduct a thorough, open and national search, and that it could take a significant amount of time because official discussions with candidates couldn’t begin until after the their seasons were over.
Glass also said, “I’m not going to really spare any resource to get the advice and input from the people we need. Some of that costs money, like a search firm. Some of that doesn’t cost money, but it requires time."