VCU’s Teague says no counter offer
Tim Pearrell
Mar 25, 2009

    Virginia Commonwealth University athletic director Norwood Teague is denying a report that the school has made an offer of more than $1 million per year for keep Anthony Grant as its head basketball coach.

    Richmond television station WTVR reported that sources said Alabama had offered Grant its coaching job “at a salary somewhere between $2.1 and $2.4 million per year. Sources also say that VCU has countered with a raise in Grant’s current salary that would pay him over $1 million per year to stay with the Rams.”

      “There’s no such thing,” Teague said of the counter offer.

      Grant’s package at VCU pays him $700,000 annually in base salary and retention incentives, plus an additional $100,000 in deferred compensation if he still is VCU’s coach on April 15. He also has numerous performance incentives.

   
 

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