Here's the official statement from Mizzou. here's the money line:
Financial details of Anderson's seven-year deal will be released at a later date upon complete execution of the contract.I read that to mean, he hasn't signed anything. So, he could STILL end up at Memphis if they offer $3 million a year as rumored. He's just not coming here.
UPDATE 3: KC Star lists what Big 12 coaches make. If you're wondering, Anderson's rumored offer in SEC terms would put him third behind Calipari's offer and Donovan. Pearl would be fourth at $1.6 million.
UPDATE 2: Towers talked with Jimmy Sexton, Anderson's agent. Sexton says no offer from UGA yet. Sexton is legendary at working over all parties in situations like this. He's an artist. This is his true medium.
UPDATE: I desperately want Anderson, and I'm not sure we can get him if Memphis throws a staggering offer at him. But I'll say this. Anyone that doesn't think UGA is serious about putting a winning product on the court after we offer more than $2 million a year for a b-ball coach has their head lodged squarely in their rectum. The rumored six year $14 million offer to Anderson would be roughly the equivalent aggregate salary that we've paid all our head basketball coaches for the past 30-35 years combined.