Men's Basketball: Jordan deal could come after meeting
Los Angeles Lakers assistant coach Eddie Jordan will meet with University officials today, including President Robert L. Barchi, for formal contract negotiations, according to The Newark Star-Ledger.
Both sources who reached out to the Ledger requested anonymity because negotiations have not yet begun.
An agreement-in-principle could be announced today, which could put Jordan’s introductory press conference tomorrow.
Jordan arrived in New Jersey yesterday afternoon from Los Angeles. He was already in the state Saturday and Sunday for preliminary talks with Rutgers officials.
As the Rutgers men’s basketball team transitions to the Big Ten, its new head coach will likely need to be paid more than Rutgers has ever paid for that coaching position.
The Big Ten’s lowest-paid coach is Penn State’s Patrick Chambers, who makes $900,000 annually. Although Northwestern, a private school, has not revealed details about its recent deal with head coach Chris Collins.
Minnesota head coach Richard Pitino signed a six-year, $1.2 million deal, which he signed with one year of head coaching experience. That could be a benchmark in Jordan’s negotiations.
Jordan, meanwhile, has head coached three NBA teams — the Washington Wizards, the Philadelphia 76ers and as an interim with the Sacramento Kings.
Rutgers head women’s basketball coach C. Vivian Stringer is New Jersey’s highest-paid state employee, earning more than $1 million per year. Former Rutgers head football coach Greg Schiano used to exceed her.
Jordan is handling negotiations without an agent, but he will consult with a contract lawyer to review any possible deal before he signs it.
The University has negotiated without an athletic director so far, but it has hired Parker Executive Search of Atlanta to find Pernetti’s replacement.
Jordan played for the Scarlet Knights from 1973-1977, helping the team to its only Final Four appearance in 1976. He also played for Sacramento, Washington and Philadelphia.