Michigan basketball assistant coaches ink contract extensions

Dylan Burkhardt

Michigan-at-Michigan-State-17-597x398[1]Nick Baumgardner has the story on all three Michigan assistant coaches signing contract extensions after the 2011-12 season. (Photo: Dustin Johnston)

The new contracts will pay the three coaches a total of $470,000 in base pay for the 2012-13 campaign. Each assistant received a $10,000 base pay raise from a year ago, when the total pool — per Michigan records — sat at $440,000.

Additionally, each coach will receive a $15,000 bonus for a Big Ten title, a $10,000 bonus for a shared league crown, a $7,500 bonus for a Big Ten Tournament title and $5,000 for an NCAA Tournament appearance. The coaches each stand to make an additional $1,000 for an NCAA Tournament “first round” (field of 64) win, $2,000 for a “second round” (field of 32) win, $3,000 for a “Sweet Sixteen” win, $5,000 for an “Elite Eight” win, $6,000 for a “Final Four” win and $8,000 for a national championship.

Meyer and Alexander both signed four-year pacts, and will make base salaries of $160,000 and $155,000, respectively, in 2012-13. Jordan, meanwhile, inked a three-year contract and will also receive $155,000 in base pay next season.

  • South Florida Maize Rage

    So if you see these guys out on the town in AA, ask them to pick up the check. HALOL

  • GregGoBlue

    Lavall Jordan with a shorter contract. Should we read into this at all? Most likely flight risk?

  • GregGoBlue

    Lavall Jordan with a shorter contract. Should we read into this at all? Perhaps the most likely flight risk?

    Not that it’s a bad thing. In Bo’s book he said (I’m paraphrasing) that if you don’t groom and expect your assistants to leave and take on bigger things you’re not doing your job right.

  • Thomas Beindit

    Bacari is so awesome, pay him whatever he wants

  • Jimmy

    This is huge. Love our assistants and hope one of the younger two eventually becomes our head coach when Beilein’s tenure comes to and end. Recruits take note!

  • ajerome33

    Very happy for all three of them. This is much deserved. Coach Beilein is doing a fantastic job, but we can never overlook the impact Meyer, Jordan, and Coach B.A. have had on the program’s direction.