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Malone Hired to Lead North Carolina
- 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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Malone hired to lead North Carolina
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Coverage Details
Total News Sources34
Leaning Left7Leaning Right2Center13Last UpdatedBias Distribution59% Center
Bias Distribution
- 59% of the sources are Center
59% Center
L 32%
C 59%
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