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NCAA: Michigan Wolverines Lock Up John Beilein Through 2018-19
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NCAA: Michigan Wolverines Lock Up John Beilein Through 2018-19

Jul 18 2013, 9:14pm CDT | by

The University of Michigan and head basketball coach John Beilein agreed to a three-year contract extension worth $7.3 million on Wednesday.

The University of Michigan and head basketball coach John Beilein agreed to a three-year extension worth $7.3 million. The Detroit News' Rod Beard writes the extension would give Beilein to...

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NCAA: Michigan Wolverines Lock Up John Beilein Through 2018-19

Jul 18 2013, 9:14pm CDT | by

The University of Michigan and head basketball coach John Beilein agreed to a three-year contract extension worth $7.3 million on Wednesday.

The University of Michigan and head basketball coach John Beilein agreed to a three-year extension worth $7.3 million. 

The Detroit News' Rod Beard writes the extension would give Beilein to build on his recent success with the team after the Michigan Wolverines played in the NCAA title game for the first time in 20 years. Mark Snyder of the Detroit Free Press also notes Beilein's annual compensation will go up to $2.45 million annually, up from $1.8 million in 2012. 

USA Today Sports' Mark Snyder says Beilein's new deal would rank him ninth nationally. He is also the second-highest paid Michigan coach behind football mentor Brady Hoke, who makes $2.7 million annually.  

Beilein was very excited about the opportunity, stressing the goal will be to compete for a Big Ten championship every year. 

"I am very excited to have this opportunity to coach at the University of Michigan for at least five more years. I am grateful that President (Mary Sue) Coleman and (athletic director) Dave Brandon are pleased with the direction of our program and have extended this offer of agreement.

"My staff and I will continue to work every day with our student-athletes to ensure they grow from this incredible educational opportunity. At the same time, competing for a Big Ten championship will be the goal each and every year."

Brandon reiterated Beilein's raise is not based solely on the team's on-court performance, but also on how the head coach has helped his players academically. 

"John Beilein is receiving a significant increase in his compensation based on his performance. Performance is not Final Four appearances, it's not just competing for Big Ten championships. It's equally as important that he's recruiting the right kinds of kids and doing a great job in the classroom. This is a big stage, our expectations are very high and we shouldn't have those expectations if we're not willing to pay our coaches competitively and fairly. And that's exactly what we're doing with John Beilein."

The 60-year-old Beilein has come a long way since he started coaching basketball at the community college level 35 years ago. Snyder points out the extension was never in doubt given his performance in six years calling the shots for the Wolverines. He also adds Beilein was never inclined to seek opportunities elsewhere since he came to Ann Arbor. 

He has compiled a 673-403 overall record. As Michigan Wolverines head coach, he is 122-85. 

 

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Poch de la Rosa follows all major U.S. sports: NFL, MLB, NBA, NHL and the NCAA. His favorite teams are the Colts, Braves, Pacers, Sharks and Irish, respectively.

 

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