Michigan announced on Wednesday that head coach John Beilein has signed a five-year contract extension with the school that will keep him in Ann Arbor through the 2023 season, at least.
“I am grateful for the opportunity the University of Michigan has given to me over the past 11 years,” said Beilein. “Kathleen and I love Ann Arbor, our University, our fans and the state of Michigan. We will continue to work very hard in the future to have our basketball team reflect the greatness of this University. I thank Mark Schlissel and Warde Manuel for their faith and commitment to our coaching staff and basketball program. The future of men’s basketball is bright and I am excited to be a part of it.”
The deal that Beilein signed is a rollover deal, which means that the contract will renew every year. In other words, as long as Beilein and Michigan want the option picked up each April, he will have a five-year contract with Michigan regardless of how long he coaches at the school.
This is Beilein’s 12th year with the Wolverines. Last season, they won a program-record 33 games and reached the Final Four, losing in the national title game for the second time in six seasons.
He is already Michigan’s all-time leader in wins with 248, and, through 41 seasons as a college coach, has amassed a career record of 799-461. In 11 seasons in Ann Arbor, Michigan has made eight NCAA Tournament appearances with four Sweet 16s and three Elite Eights in addition to the two trips to the Final Four. He was named the he 2013 Big Ten Coach of the Year and has won two Big Ten regular-season titles as well as the last two Big Ten Tournament titles.
There was some speculation earlier this month that Beilein would be leaving Michigan after he had an interview with the Detroit Pistons, but he withdrew from that search after the news became public and it seemed likely that Dwayne Casey would be hired.