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The Latest on the DePaul Job

I am hearing that DePaul is ready to put up the money to land a big name head coach for their men's basketball program. In addition to a multi million dollar contract proposal for a new coach the school is also investigating a handful of locations that could be the right spot to build a new basketball arena near campus.

The Finkl Steel Company is relocating to the south side of Chicago and their current location at Clybourn and Cortland is within walking distance of DePaul's Lincoln Park campus. An 8,000-10,000 seat arena is something that the university higher ups are considering. Real estate experts that I contacted today told me that the Finkl property is intriguing because it may not be suitable for residential use due to In addition, a recent post in a Chicago real estate blog TheChicago77.com discussed the Finkl property as it relates to DePaul University. The site says: The Finkl & Sons site is located on the east bank of The Chicago River at Southport Ave, and Cortland Street within steps of DePaul's main campus and due to its heavy industrial use over the past 100 years the site is believed to be to contaminated for many real estate re adaptations. So it seems the current thinking is that instead of removing all the over-sized foundations so closely positioned by the rivers edge that it might be far simpler and safer to just remove all the top soil, pave over the site and any possible contamination.

"If DePaul builds an arena near campus it is over. They are the biggest sleeping giant in college basketball. A new arena will make that one of the best jobs in the country," said ESPN analyst and former Notre Dame coach Digger Phelps.

"That is the only job I ever wanted after I left Notre Dame. I spent 6 hours with DePaul's AD back in 1997 after Joey Meyer left and I had people in the city of Chicago who were ready to help me get the program back on track," Phelps told me. "Imagine an on campus arena packed with 8,000 fans and a great student section wearing DePaul blue shirts with a Demon on them and the pitchfork in bright red. We could call the student section Digger's Demons. I love Chicago and I know that program can be turned around."

Pictured below are the names that I am hearing are on DePaul's current shopping list. Keep in mind that once teams are eliminated from post season play more names could come into play as some coaches leave jobs while others move into new vacancies. This so called "domino effect" could put some big names on the market.

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