Sport Report: Brad Stevens turned down $70M offer from Indiana to stay with Celtics
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Indiana didn't fail to sign Brad Stevens for lack of trying.
The Boston Celtics head coach reportedly turned down the Hoosiers last month beforeas its head basketball coach. Now we know just how much IU coveted Stevens.
According to ESPN's Adrian Wojnarowski, Indiana was prepared to make Stevens a 7-year, $70 million offer. He reported the news Saturday night during ESPN's NBA studio show.
.says that Indiana was prepared to offer Brad Stevens a seven year, $70m contract.
Stevens wasn’t interested.
— Ian Steele (@IanSteeleABC6)
Annual salary more than Coach K, Calipari
Just how big of a deal is that? It would have made Stevens the highest-paid coach in college basketball by annual salary. More than Duke's Mike Krzyzewski ($9 million,). More than Kentucky's John Calipari ( ).
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So how much does Stevens make in Boston? That isn't clear. Stevens has coached the Celtics since 2013, initially signing a six-year, $22 million deal in 2013 that pales in comparison to IU's offer. He's since signed a pair of extensions,.
Terms of his latest extension weren't revealed. It's safe to assume he got a hefty raise over his initial deal. But is he making $10 million annually? That would place him among the highest-paid coaches in the NBA. Would IU have come in under his current salary in its attempt to lure him away?
So nothing was luring Stevens to Bloomington
The bottom line is that it appears that no realistic offer would have swayed Stevens to leave Boston for Bloomington. Stevens has done the college thing, and he's done it well. He took Butler to back-to-back NCAA title games in 2010 and 2011, paving his path to the Celtics job.
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Now he's in is eighth season coaching one of the most iconic franchises in all of sports. And he doesn't have to grind on the recruiting trail.
Indiana's a hard sell
Meanwhile, IU is a tough job. It's a program in a perpetual state of rebuild amid local expectations that it's still among college basketball's elite. And it's not. It hasn't been for a long time. That path to success at IU in a hyper-competitive Big Ten is narrow.
While Stevens' Celtics have failed to reach the NBA Finals in his tenure, they're fresh off their third Eastern Conference Finals appearance in four seasons. There's plenty of young talent and promise in Boston and a chance for the 44-year-old Stevens to build his Celtics legacy.
While the $70 million offer is staggering at first glance, it's not hard to see why Stevens turned it down — especially when he can use it as leverage in his next deal.
More from Yahoo Sports:
Celtics coach Brad Stevens turned down 7-year, $70 million offer to coach Indiana University, per report
The Hoosiers ended up hiring Mike WoodsonAs it turns out, they really weren't messing around. On Saturday, ahead of the Celtics matchup with the Golden State Warriors, Adrian Wojnarowski reported that the school made Stevens a massive long-term offer to take the job.
Charlotte Hornets at Boston Celtics Game #63 4/28/21 .
The Celtics look to avenge Sunday’s loss as they host the Hornets for their 3rd and final regular season meeting.Both teams are playing on the second night of back to back games. The Celtics were at home against Oklahoma City Thunder while the Hornets hosted the Milwaukee Bucks and had to travel after the game. The Celtics are 5-7 on the second night of back to back games and 1-2 when the games are home/home. The Hornets are 6-6 on the second night of back to back games.