Juwan Howard Contract Details With Michigan Revealed
By Jerry Trotta
John Beilein left a gaping hole in the Michigan Wolverines' basketball program when it was announced that the decorated head coach would be taking the same position for the Cleveland Cavaliers.
The Big Ten powerhouse, however, didn't waste much time in finding Beilein's successor. In fact, the Wolverines reverted back to their own roots, hiring former Fab Five star and Miami Heat assistant coach Juwan Howard.
The terms of the reported deal were completed late Wednesday afternoon. According to Brendan Quinn of The Athletic, Juwan agreed to a five-year contract and he will earn upwards of $2 million annually with a base salary of $400,000. The agreement also includes a buyout clause.
A source with knowledge of the agreement says the paperwork is in and Juwan Howard is officially the head coach at Michigan.
— Brendan Quinn (@BFQuinn) May 22, 2019
Terms are 5 years, salary roughly $2.0-$2.5 million/per year, includes a buyout.
My story: https://t.co/XDJWaorwGo
The former 19-year NBA veteran will have some MASSIVE shoes to fill as Michigan reached the NCAA Tournament nine times in Beilein's 12 seasons at the helm. Additionally, he led the university to two national title games in 2013 and 2018.
He simply raised the standard of Wolverine basketball that fans haven't witnessed since Howard's Fab Five days in the 1990s.
And Michigan fans will be pleased to hear that Juwan is wasting no time getting down to business.
Of note in this story, according to multiple sources, Juwan Howard has already been in contact with current and former college head coaches, seeking counsel on managing a college program.https://t.co/XDJWaorwGo
— Brendan Quinn (@BFQuinn) May 22, 2019
Look for him to hire at least one former HC as an assistant coach.
The Wolverines are certainly taking a gamble on a guy who has never held a head coaching title at any level, only serving as high as an assistant. The salary seems reasonable considering his household name but only time will tell if it was a risk worth taking.