John Beilein’s contract extension, announced by the University on Wednesday, will see the men’s basketball coach paid $3.8 million annually.
The extension, which will keep Beilein in Ann Arbor through the 2022-23 season, amounts to a raise of roughly $400,000 per season. This maintains Beilein as the second-highest-paid coach based on annual salary in the Big Ten behind Michigan State’s Tom Izzo. It comes just weeks after Beilein’s flirtation with the Detroit Pistons — a job that ultimately went to former Toronto Raptors coach Dwane Casey.
The wait is over — and it’s just the news Michigan has been waiting for.
Quarterback Shea Patterson will be eligible to suit up right away, providing a sizeable boost to the Wolverines’ quarterback depth chart. He will have two more years of eligibility, after spending two seasons at Ole Miss.