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UNC-Chapel Hill Hires NBA Coach, Michael Malone as Men's Basketball Head Coach
- On Tuesday, the University of North Carolina announced the hiring of former Denver Nuggets coach Michael Malone to lead its men's basketball program, with Malone introduced at the Smith Center.
- Malone's six-year deal is worth $50 million, paying him $7.5 million in Year 1 and rising to $9 million by the 2031-32 season, making him the second-highest paid coach at a public university behind Kansas coach Bill Self.
- Beyond his salary, the agreement includes up to $1.475 million in annual performance bonuses and a $100,000 country club allowance, with an $8 million buyout if terminated before April 1, 2027.
- Despite earning between $55 and $75 million during his NBA career, Malone accepted the Tar Heels position for less money, choosing to "coach arguably the top program" in college basketball.
- UNC will commit no less than $6.75 million in revenue share and fund a salary pool of up to $4 million for assistant coaches and support staff, subject to annual budget approval.
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What Is Michael Malone’s Contract & Buyout? New North Carolina Coach's Salary
First it was the players, and now it’s the coaches. For over two decades, Michael Malone built his reputation as one of the best coaches in the NBA. He grinded through assistant roles, led franchises, and even secured a championship with the Denver Nuggets in 2023. But in a move that very few saw coming, Malone is now headed to college basketball. Recently, there has been a growing trend of how programs are approaching the modern game by seeking…
Coverage Details
Total News Sources25
Leaning Left6Leaning Right2Center8Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 38%
C 50%
12%
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