No salary cap on basketball coaches. Is Barnes worth 5 mil? Probably not, but you get the best coach you can, give him what he needs to stay, and make the boosters pony up. Great sign for our admin moving forward.
"The University of Tennessee and East Tennessee as a whole have developed an enhanced love and appreciation for our men's basketball program and its culture under Rick's leadership, and I'm thrilled that he will remain a part of our Tennessee Athletics family.
I'm grateful to Rick and Candy, and I'm also grateful to our university leadership, which stepped up to show Rick how much he is valued and appreciated. Our commitment to basketball has never been stronger, and we're all excited for the future as we move forward."
Barnes is a great coach but this was about more than that. If you want to cement yourself as a legit program you don’t let other programs come and steal your coach. The fact that Tennessee (which is not basketball school like UCLA) was able to keep him says that Fulmer is serious about winning.
If Barnes can continue to make sweet 16s and maybe some elite 8s the next few years until he retires it makes the job much more desirable for the next hire.