Ex-Coach Alford, New Mexico Agree on Buyout

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Ex-Coach Alford, New Mexico Agree on Buyout
Victor Decolongon/Getty Images

The University of New Mexico says it has reached an agreement in principal with former basketball coach Steve Alford over his buyout. Alford said in April he was willing to pay a $200,000 buyout for leaving the Albuquerque school to take the job at UCLA, but he wouldn't pay the $1 million payment that New Mexico wanted.

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