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Tom Izzo Gets $1 Million Raise Annually in Amended Contract
Tom Izzo’s new $7.2 million salary reflects his Hall of Fame career and leadership of Michigan State’s basketball team with 27 straight NCAA Tournament appearances.
- On Friday, Michigan State's Board of Trustees approved a $1 million raise for Tom Izzo, Michigan State men's basketball head coach, boosting his salary to about $7.2 million and making him the Big Ten's highest-paid coach.
- The Board framed the move as recognition of Tom Izzo's Hall of Fame legacy and a shared commitment to continued success after eight Final Four appearances and the 2000 national championship.
- Izzo enters the season with a 745-303 career record and no losing seasons, while Michigan State President Kevin M. Guskiewicz praised his work ethic and devotion to student-athletes.
- Comparisons with other elite coaches show Bill Self, Kansas coach, earns more than $10 million annually and Kansas announced a lifetime contract for him two years ago.
- The raise arrived through a five-year contract with automatic annual renewal, and Michigan State University officials said it demonstrates a shared commitment to continued success.
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The Morning Sun+22 Reposted by 22 other sources
Michigan State makes Tom Izzo highest-paid basketball coach in Big Ten
EAST LANSING – Michigan State’s longest tenured coach is getting a pay raise, as approved unanimously by MSU Trustees. Izzo’s new contract, which renews annually, will pay him $7.2 million per year. That’s an increase of $1 million from the $6.2 million yearly value of his last contract, from September 2022. That value includes all income sources, including deals with brands like Nike, airplane use and other fringe benefits. Related Articles …
Associated Press News+14 Reposted by 14 other sources
Michigan State's Tom Izzo gets $1 million raise and is the highest-paid coach in Big Ten
Michigan State’s Tom Izzo is getting a $1 million raise in his 5-year contract that renews annually, a boost that makes him the highest-paid coach in the Big Ten with a salary of about $7.2 million.
·United States
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Total News Sources40
Leaning Left11Leaning Right3Center23Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
L 30%
C 62%
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