Mick Cronin’s contract makes him highest-paid public-school basketball coach in Pac-12

Mick Cronin’s new six-year contract, which takes impact Friday and pays him $4.1 million yearly, is predicted to make the UCLA coach the highest-paid public-school basketball coach within the Pac-12.

Given the early returns on funding, it’d depend as a serious cut price. In his two seasons on the faculty wherein the NCAA event has been performed, the Bruins have reached a Last 4 and a Candy 16. One of many nation’s prime recruiting lessons will arrive this summer season, bolstering what could possibly be a veteran returning core.

Oregon’s Dana Altman will make $4 million subsequent season as the results of a $250,000 increase, based on wage knowledge obtained by USA In the present day, rating him second within the convention amongst public faculty coaches. USC and Stanford, that are each personal colleges, don’t reveal the salaries of their coaches, however it’s unlikely they make greater than $4.1 million a yr.

In three seasons, Cronin’s groups have gone 68-30, twice ending in second place within the Pac-12 common season standings and reaching the convention event championship sport earlier this month.

Cronin’s contract comes with a hefty reciprocal buyout wherein he must pay the varsity if he departed and the varsity must pay the coach if it terminated him with out trigger. The buyout can be $24 million by March 31, 2023; $20 million by March 31, 2024; $16 million by March 31, 2025; $10 million by March 31, 2026; $6 million by March 31, 2027; and $2 million by March 31, 2028.

Cronin, who will flip 51 in July, could make as much as $345,000 per season in cumulative efficiency bonuses, together with Pac-12 coach of the yr as chosen by the coaches ($10,000); Pac-12 regular-season championship outright ($25,000); Pac-12 event championship ($15,000); making the NCAA event spherical of 64 ($35,000); second spherical ($25,000), Candy 16 ($25,000), Elite Eight ($25,000), Last 4 ($50,000), championship sport ($25,000) and nationwide championship ($50,000). Cronin can also make as a lot as $60,000 per yr based mostly on his gamers’ educational efficiency.

Longevity for the coach would include vital monetary advantages. Cronin would obtain a $2-million retention bonus if he’s nonetheless the Bruins coach on April 15, 2025, and one other $2 million if he stays in place on March 31, 2028. He may make as much as $250,000 per yr for camps and clinics.