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Source says Jones will sign $10 million deal to coach SMU

Updated: January 7, 2008, 2:11 AM ET
By Joe Schad | ESPN.com

SMU was close to finalizing the details of a contract for Hawaii coach June Jones and he was expected to be introduced at a news conference as soon as Monday, a source close to the situation said Sunday afternoon.

If the deal goes through, Jones' contract is expected to be for five years at close to $2 million per year. The deal is expected to be booster-funded. SMU athletic director Steve Orsini reportedly has sold as many as 20 boosters on the concept of donating as much as $100,000 ...

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