“Michigan coach John Beilein’s new contract will keep him with the Wolverines through the 2018-19 season. Whether retirement awaits after that, he isn’t ready to say.
The 60-year-old coach will make $2.45 million in annual compensation under the new deal. The three-year extension replaced his previous contract, which was to end after the 2015-16. His first contract, which paid $1.3 million plus incentives, made him the highest paid basketball coach in school history.”
-AP via FoxSports.com