Skip to main content

Michigan Contract Details For Juwan Howard Revealed

Juwan Howard coaching the Miami Heat.

MIAMI, FL - NOVEMBER 12: Assistant coach Juwan Howard of the Miami Heat in action against the Philadelphia 76ers during the second half at American Airlines Arena on November 12, 2018 in Miami, Florida. (Photo by Michael Reaves/Getty Images)

The Michigan Wolverines made a big move by hiring Michigan legend and Miami Heat assistant Juwan Howard as their replacement for John Beilein. But the team wasn't too stingy on his salary as new contract details reveal.

According to the Detroit Free Press, Howard's deal is for five years and worth $11.2 million over the course of the contract. Per the report, the base salary is $400,000 per year with escalators paying him up to $2 million in his first year.

Howard's pay will rise by $100,000-200,000 per year over the following four years.

As for the contract buyout, which triggers in the event Michigan terminates him without cause, it starts at $5 million and decreases by $1 million each year.

Should Howard resign or leave the school, he would owe Michigan half of that year's buyout.

The Free Press noted that the salary is considerably less than what Beilein was making. Last year the former Michigan coach signed a contract extension worth $3.8 million per year.

But with Howard's limited experience, it's understandable that they wouldn't pay him as much as a coach who had college experience dating back to the early 1980s.

Howard has spent the last six years as an assistant coach on the Miami Heat, following a 20-year NBA career.

[Detroit Free Press]