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Beilein agrees to 6 year deal to coach Univ. of Michigan basketball

The University of Michigan confirmed John Beilein’s hiring late today.

Beilein’s contract to coach the Michigan men's basketball team will run six years and have a base salary of $200,000, the Free Press has learned.


He will receive $1.1 million per year in additional compensation, which includes TV, radio, Internet and public appearances. His contract is loaded with incentives, including a bonus of $25,000 for reaching the NCAA tournament, $50,000 for the Sweet 16 and $100,000 for the Final Four and $150,000 for winning the national championship.

Michigan did not pay West Virginia the $2.5 million buyout of Beilein’s West Virginia contract, according to a person with knowledge of the terms. It isn’t clear how the buyout was settled.

“I am very pleased to announce John Beilein as our new head coach for the men’s basketball program,” U-M athletic director Bill Martin said in a released statement. “He is an individual with a great knowledge of the game. He is a proven winner. He is an extraordinary teacher of the game. He is a great basketball coach. We welcome John and his family to Michigan."

In a statement, Beilein said, “This is an exciting opportunity for me and my family to join the University of Michigan basketball program. I look forward to the challenges that lie ahead and getting to know the University and Ann Arbor community. I am anxious to meet the team, visit with the recruits and all the Wolverine basketball alumni and fans. This is a great opportunity to build Michigan as one of the elite programs in the country.”

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Comments

  • coinkatcoinkat Posts: 23,110 ✭✭✭✭✭
    He should have made a comment about the Michigan Basketball tradition.

    Experience the World through Numismatics...it's more than you can imagine.

  • MichiganMichigan Posts: 4,942


    << <i>He should have made a comment about the Michigan Basketball tradition. >>




    There is no Michigan basketball tradition that anyone is really proud of, the people he is speaking to don't need or want to
    be reminded of that fact.
  • Is leaving for Michigan a step forward or a step back? Seems like leaving the Big East in basketball would be going in the wrong direction. Is it just me or does someone out there actually think basketball when they hear the word Michigan?
    There are two types of people in this world; those who like Neil Diamond, and those who don't. My ex-wife loves him!!
  • dirtmonkeydirtmonkey Posts: 3,048 ✭✭


    << <i>Is leaving for Michigan a step forward or a step back? Seems like leaving the Big East in basketball would be going in the wrong direction. Is it just me or does someone out there actually think basketball when they hear the word Michigan? >>



    Michigan has historically had a solid basketball program until the booster fiasco/probation. They've made it to the championship game 5 times. They've only one once, but it's still more than many teams can say. They've won the NIT 3 times. They've been Big 10 champions 12 times. 26 All-Americans. Their history may not be as rich as a UCLA, but they haven't been total slouches either.
    image
  • coinkatcoinkat Posts: 23,110 ✭✭✭✭✭
    I disagree... Michigan has made it to the NCAA Finals more times than most teams... even from the Big Ten. I am doing this from memory so please excuse me if I am off alittle... they lost to UCLA or Duke I believe in the 1965 final game, I thought they lost to Indiana in the 1976 finals (it could have been MSU), They beat Seton Hall in the final game in 1988, they won with the Fab Five in 1991 or so and I thought they made to the final four one time after that... seriously... I think that is pretty good. They have played in the NCAA final game more times than Illinois and Purdue even though bothe Ill and Pur have won more conference championshions.

    I would have said something about the NCAA Tournament even if Michigan's record is dwarfed by UCLA... but then again, no one will ever match the Wooden Dynasty

    Experience the World through Numismatics...it's more than you can imagine.

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