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IU's Crean Signs $22M Contract

Last updated on Tuesday, August 19, 2008

(BLOOMINGTON) - Four months after becoming Indiana University’s new basketball coach, Tom Crean has signed his contract.

It's a 10-year deal that will pay him nearly $22-million dollars. It includes a hefty penalty if Crean leaves in the first seven years, and a $560,000-dollar bonus if IU wins the Big Ten and National Championships in the same season.

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