Michigan, men's basketball coach Dusty May agree to contract extension

Fresh off winningthe NCAA men’s basketball national championshipon Monday, Michigan head coach Dusty May is receiving a contract extension.

Athletic director Warde Manuel announced the agreement on stage to fans attending the Wolverines’ championship celebration Saturday afternoon at Crisler Center in Ann Arbor.

“We have already reached an agreement,” Manuel said at the podium, prompting cheers from the crowd and players on stage. “He will be the leader of this basketball team for many years to come.”

Terms of the new contract have yet to be revealed. May reportedlycommitted to staying at Michiganbefore the national championship game amid reports North Carolina would pursue him for its head-coach opening.

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The extension is the second May has agreed to with Michigan in the two years he’s been the Wolverines’ head coach. Originally,he signed a five-year contractaveraging $3.75 million in average annual salary after being hired from Florida Atlantic following two consecutive NCAA tournament appearances and a Final Four berth.

In his first season following an 8-24 campaign under Juwan Howard, Michigan finished 27-10 overall and won the Big Ten conference tournament before losing in the NCAA tournament Sweet 16 to Auburn. May subsequentlyagreed to an extensionthat added a year to his initial contract and boosted his annual salary to $5.1 million.

That salary figure did not include incentives May earned with the Wolverines’ success this season, including $50,000 bonuses for being named Big Ten Coach of the Year and winning the conference regular-season title. He alsoearned a $400,000 bonusfor winning the NCAA national championship.

Michigan finished the 2025-26 season with a 37-3 overall record and 19-1 Big Ten mark (earning the most wins in conference history). Despitelosing the Big Ten tournament championship gameto Purdue, the Wolverines earned a No. 1 seed in the NCAA tournament and won their five games leading up to the final by an average margin of 22 points. (That includeda 91-73 winover fellow No. 1 seed Arizona in the Final Four.)

May coached Michigan to its first national title in 37 years — also breaking a four-game losing streak in the championship game — witha 69-63 winover UConn.