Men’s basketball coach Steve Alford signs one-year contract extension

This post was updated on Oct. 7 at 9:30 p.m.

UCLA men’s basketball coach Steve Alford signed a one-year contract extension that will keep him in Westwood through the 2020-2021 season, UCLA Athletics Director Dan Guerrero announced Friday.

UCLA initially hired Alford on March 30, 2013 to a seven-year, $18.2 million contract which included a $10.4 million buyout clause.

Through a public records request for Alford’s new contract, The Bruin determined that Alford’s $10.4 million buyout clause now extends to April 30, 2017, as opposed to April 30, 2016. Under the new agreement, Alford’s buyout then decreases by $2.6 million annually for every year thereafter, with the final possible payout amounting to $2.6 million if Alford’s contract is terminated by the University prior to April 30, 2020.

Another amendment to Alford’s original contract includes a required team Academic Progress Rate (APR) of 930 or higher – up from 925 in his original deal – to earn an annual bonus of $10,000.

Click here to see Alford’s amended contract in its entirety.

In Alford’s first season at UCLA last year, the Bruins finished 28-9, won the Pac-12 Tournament, earned a No. 4 seed in the NCAA Tournament and reached the Sweet Sixteen for the first time since 2008.

Beyond the success on the court, Alford has proven his worth as a recruiter as well. After his hiring, he brought in four-star guard Isaac Hamilton and three-star forward Wanaah Bail, both now sophomores, to UCLA as transfers to add to the 2013 recruiting class. Alford’s 2014 recruiting class was ranked No. 10 by ESPN and includes five-star forward Kevon Looney, four-star guard/forward Jonah Bolden, four-star center Thomas Welsh and three-star forward Gyorgy Goloman.

Furthermore, Alford has secured commitments from 2015 four-star guards Prince Ali and Aaron Holiday, as well as 2016 five-star guard Lonzo Ball.

Alford and the Bruins will begin their 2014-2015 season Nov. 14 against Montana State at Pauley Pavilion.

Compiled by Kevin Bowman, Bruin Sports senior staff. Contributing reports by Matthew Joye, Bruin Sports senior staff.