Just read a great article on The Athletic($) by Brendan Quinn about Belein's upcoming contract extension. Some interesting tidbits for those who don't have a subscription: LINK
Belein doesn't have an agent. He negotiates his own contract which is pretty impressive that he gets paid the 2nd most of any B1G coach before incentives are thrown in. Contracts for B1G coaches:
Tom Izzo, Michigan State: $4.4 million, signed thru 2023-24 (@)
John Beilein, Michigan: $3.37 million, signed thru 2020-21
Archie Miller, Indiana: $3.35 million, signed thru 2023-24
Chris Collins, Northwestern: $3 million, signed thru 2024-25 (*)
Chris Holtmann, Ohio State: $3 million, signed thru 2024-25
Brad Underwood, Illinois: $3 million, signed thru 2022-23 (%)
Mark Turgeon, Maryland: $2.72 million, signed thru 2022-23 ($)
Matt Painter, Purdue: $2.5 million, signed thru 2021-22 (@)
Tim Miles, Nebraska: $2.4 million, signed thru 2020-21
Greg Gard, Wisconsin: $2.25 million, signed thru 2022-23 (#)
Fran McCaffery, Iowa: $2.2 million through 2023-24
Steve Pikiell, Rutgers: $1.7 million, signed thru 2023-24 (**)
Richard Pitino, Minnesota: $1.7 million, signed thru 2021-22 (^)
Patrick Chambers, Penn State: N/A (&)
Sorry don't know how to make the font smaller. (ED: Mgoblog is the best and did it automatically for me)
Belein's assistants(Saddi Washington, Yaklich, and Deandre Haynes) combined to make significantly less than Holtmann's (OSU) and Miller's (Indiana) assistants make. This could be part of Belein contract extension where he wants them to raise the Assistant coach salaries to be competetive with the best of the B1G.
The idea seems to be that the best restructure would be one that adds one year to his current 3 years left on his deal and that would be a "rolling extension". Which, from my understanding, would be a contract with an option for Belein to pick up the fourth year, every year, for the forseeable future so that he can promise to recruits he will be there all four years and to back up Manuel's statements that he wants Belein to retire at UM. Seems like a great idea to me intellectually.
And finally a quote to maybe get you damn cheapskapes to get a TheAthletic subscription, the best subscription I have ever bought as a fan of multiple teams from all over the US(I was a military brat and was able to pick my favorite teams from each city we moved to).
Having turned 65 in February, Beilein is the seventh-eldest active coach in high-major college basketball. Those ahead of him are Jim Boeheim (73), Mike Krzyzewski (71), Leonard Hamilton (69), Jim Larranaga (68), Roy Williams (67) and Lon Kruger (65). In Beilein’s case, he’s both healthy and active. Age is not limiting his coaching tenure. On the court, he is, if anything, at the peak of his career — having averaged 26.6 wins over the last six years with two trips to the national title game. Off the floor, recruiting is on the uptick. A nationally regarded five-man class is on the way. Personally, those around Beilein continually say he’s struck a better work-life balance in recent years and has been reinvigorated since U-M’s run to the 2017 Sweet 16, a triumph that included a near tragedy when Michigan’s charter plane to the Big Ten Tournament skidded off the runway and wrecked.