Report: Brad Stevens turned down $70M offer from Indiana to stay with Celtics

Gopher_In_NYC

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Wow....I guess they take their buckets seriously and hint - he ain't ever coaching college again.




Indiana didn't fail to sign Brad Stevens for lack of trying.

The Boston Celtics head coach reportedly turned down the Hoosiers last month before IU eventually hired Mike Woodson as 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.




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, per Forbes). More than Kentucky's John Calipari ($8.6 million per year).

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, most recently in 2020.

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?

Boston Celtics head coach Brad Stevens against the Toronto Raptors during the second half at Amalie Arena. Mandatory Credit: Kim Klement-USA TODAY Sports

Brad Stevens reportedly turned down a massive offer from IU. (Kim Klement/Reuters)

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.

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.
 

howeda7

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He and his wife love it in Boston, OK?
 

TNGophfan

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It makes clear that the argument of opening the wallet is not necessarily true. For some maybe, but definitely not all. Most of the top guys are already set for life and don't need the extra dough. Just want a place they and family are happy and have enough support to win.
 

CYW5 BornGoph

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First saw Brad Stevens up close at the Thanksgiving tournament in Anaheim, CA in 2009 when Tubby's Gophers beat his Butler Bulldogs in the first game. He led that team to the first of two consecutive NCAA Tournament finals and wound up coaching my beloved Boston Celtics... Warms my heart that he'd turn down more money to stay in Boston rather than coach that corrupt, former blue blood disaster in America's 'Northern-most Southern State'.
 

Gopher_In_NYC

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First saw Brad Stevens up close at the Thanksgiving tournament in Anaheim, CA in 2009 when Tubby's Gophers beat his Butler Bulldogs in the first game. He led that team to the first of two consecutive NCAA Tournament finals and wound up coaching my beloved Boston Celtics... Warms my heart that he'd turn down more money to stay in Boston rather than coach that corrupt, former blue blood disaster in America's 'Northern-most Southern State'.

I can see Big Brain Brad winning some championships on the bench and then replacing Ainge in the front office and being a lifer.
 
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