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Five-year deal worth $1.7M annually

Associated Press

Tuesday, March 31, 2009

CHARLOTTESVILLE, Va. -- The University of Virginia says new men's basketball coach Tony Bennett has agreed to "a memorandum of understanding" that will be pay him $1.7 million annually for five years. Virginia also said Tuesday that Bennett will receive a $500,000 signing bonus and another $500,000 if he stays five years. The 39-year-old Bennett was hired Monday after three years at Washington State. He had a 68-30 record with the Cougars and twice took Washington State to the NCAA tournament. ...

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