On Wednesday, news broke that Juwan Howard was signing a five-year deal to become the next head coach of the Michigan basketball team.
Now, according to a report from Brendan Quinn of The Athletic, details have emerged regarding details of the contract.
Quinn is reporting that Howard will make between $2 and $2.5 million per season and a buyout is included.
A source with knowledge of the agreement says the paperwork is in and Juwan Howard is officially the head coach at Michigan.
Terms are 5 years, salary roughly $2.0-$2.5 million/per year, includes a buyout.
My story: https://t.co/XDJWaorwGo
โ Brendan Quinn (@BFQuinn) May 22, 2019
Bob Wojnowski of the Detroit News is reporting that Howard will be announced at a press conference next week.
It is now officially official. Juwan Howard and Michigan have finalized their agreement. Five-year contract. He will be introduced at a press conference next week. Check @detroitnews for the details throughout the night.
โ Bob Wojnowski (@bobwojnowski) May 22, 2019