East Lansing, Michigan — michigan stateTom Izzo is getting a $1 million raise on his five-year contract that automatically renews annually, a raise that makes him the highest-paid coach in the Big Ten with a salary of approximately $7.2 million.
The school said Friday that its board of trustees approved Izzo’s elevation “as a recognition of his Hall of Fame legacy and demonstrates the shared commitment to achieving continued success.”
Izzo, 70, is in his 31st season with the Spartans, who are in ninth place this season with an 8-1 record. His teams have appeared in the Final Four eight times and won the 2000 national championship.
The Spartans have made 27 consecutive NCAA Tournament appearances after missing each of Izzo’s first two seasons. They have a record of 745–303 without a losing season.
“Coach Izzo is the ultimate Spartan – someone whose work ethic and dedication to our student-athletes, this university and the broader MSU community is unmatched,” said Michigan State President Kevin M. Guskiewicz. “We believe deeply in their ability to maintain our values, develop champions and continue building one of college basketball’s premier programs.”
kansas Coach Bill Self has a similar contract structure. The school had announced a lifetime contract for Self two years ago. His annual salary is more than 10 million dollars. Self, who is in his 21st season with the Jayhawks, has led them to four Final Fours and two championships.
