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Thursday, March 27, 1997
Penders will stay at Texas
By CHIP BROWN
Associated Press Writer
AUSTIN, Texas (AP) - Tom Penders turned down a lucrative offer
today to coach basketball at Rutgers and will stay at Texas.
Penders spent Tuesday touring Rutgers with school president
Francis Lawrence and was offered a financial package that could
have reached nearly $700,000 a year. But Penders said his decision
did not hinge on money.
"I was offered the Rutgers job," he said. "It
was an offer that I wouldn't have had to work another day in my
life if I had taken it. But I love the University of Texas and
Coach Bob Wenzel was fired almost three weeks ago after Rutgers
finished its fifth straight losing season.
Penders was offered the job after Eddie Fogler rejected an
offer from the New Jersey school and decided to stay at South
Carolina after getting a raise.
Penders, too, will benefit from turning down Rutgers.
Penders, who makes just over $400,000 a year, is expected to
get a raise that would pay him roughly $550,000 per year, according
to Texas athletic director DeLoss Dodds.
Penders has five years remaining on his seve-year deal.
Dodds said he was relieved by Penders' decision. "I'm
happy that he's staying. I felt from the beginning that he would
stay, but you're never certain until it's over. Now it's over."
Penders said a large part of his decision to stay was the recruiting
class that he signed to come to Texas next year, including Chris
Mihm of Austin Westlake High School. Mihm, who is 6-foot-11, is
considered one of the top players in the country.
"I certainly want to bring a national championship to
Texas and the young players coming into our program weighed heavily
in my decision," he said.
Penders, who has been considered for other college jobs and
even NBA positions, said he was impressed with Rutgers.
"I wish them well and know they are committed to winning
and are a sleeping giant," Penders said. "I'm not interested
in scheduling them in the near future." Send a Letter to
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