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MEMPHIS, Tenn. — Memphis is launching an investigation into whether athletic director Tom Bowen had a conflict of interest while negotiating basketball coach Josh Pastner’s 2013 raise and contract extension.
University President M. David Rudd said in a statement Tuesday the school is “aware of the accusations” and is “retaining an outside source to conduct the review.”
Rudd said a public statement would be made concerning the findings at the end of the investigation.
The (Memphis) Commercial Appeal first reported the investigation, noting that Pastner and Bowen were once both represented by Joey McCutchen’s NextLevel Sports. Bowen told the newspaper he ended NextLevel’s representation after Memphis hired him as athletic director in 2012.
Pastner received a raise from $1.7 million to $2.65 million after Memphis went 31-5 and won an NCAA tournament game in 2013.
Under terms of that raise and extension, Memphis would have owed Pastner $10.6 million if it had fired him after the Tigers went 19-15 this season and failed to reach the NCAA tournament for a second straight year.
His star has certainly dimmed, to say the least. Last year, he would have looked like a good hire for GT.
Wait a second an ad in the head coach are supposed to share the same agent / agency??
I think it is saying they shouldnt. Opens the door for some hanky panky/shady crap. (see Gott raise 2015)
Wait a second an ad in the head coach are supposed to share the same agent / agency??
I don’t believe this is the case but I don’t doubt for a second the long team relationship between Gott and Yow played into that ill times raise.
Wow, they are paying him $2.65M? Where does that rank nationally? It’s got to be much higher than he is worth.
Wow, they are paying him $2.65M? Where does that rank nationally? It’s got to be much higher than he is worth.
Top 25 nationally
Top 5 acc
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