Ruland, Iona announce terms of contract settlement

March 27th, 2007

In a joint written statement released today, Iona College and former head basketball coach Jeff Ruland have come to a mutual agreement on the terms of a contract settlement for the last two years of his contract. In his nine years in New Rochelle, Ruland led his alma mater to three MAAC titles and three NCAA Tournaments.

“In the collegiate sports arena, change is a constant. The fact that Jeff was a member of the coaching staff of the men’s basketball program for twelve years, nine as a head coach, is indicative of our mutual loyalty, respect, commitment and fondness,” stated the school's president, Brother James A. Ligouri, CFC.

“After careful thought and consideration, Iona felt the need to take the men’s basketball program in a different direction and Jeff felt it was time to move on to other opportunities. Thus, we were able to reach a settlement agreement on the final two years of his contract. As expected, Jeff was an absolute gentleman during this process,” Liguori said.

Both sides refused to comment on the terms of the agreement, but both allowed that the agreement was amicable.

“The negotiations could not have been more amicable. Iona has shown a great deal of respect for Jeff, and these feelings are mutual. I am sure that Jeff will always be a favorite son of Iona, and he certainly will always be a Gael at heart,” said Ruland's attorney, Rob Ades.

Quotes taken from the Iona College press release, which can be found here: