Michigan made it official this evening and announced that Juwan Howard is its new head basketball coach.
Per the release, Howard agreed to a five-year deal, starting at $2 million annually, with a base salary of $400,000.
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Here are the official quotes from Warde Manuel and Juwan Howard on the hire:
“We have found someone with high integrity, great character and a coach who has unbelievable knowledge of the game of basketball,” said Manuel. “Juwan has proven himself to be a tremendous leader, a wonderful communicator and a developer of talent. We couldn’t have asked for a better role model for the young men in our program. We are excited to welcome back a member of the family to Ann Arbor.”
“I am very excited about the opportunity to lead the University of Michigan’s storied basketball program,” said Howard. “I have been very fortunate to be part of a great championship organization in the Miami Heat for the last nine years — three as a player and six as a coach. It was always going to take something incredibly special to for me to leave Miami; however, I know in my heart this is the right place and the right time.
“As a ‘Michigan Man’ I know the place our program has in college basketball and I embrace the chance to build onto that history and lead us to championships both in the Big Ten and national level. We will continue to develop young men on the court, in the classroom and in the community that our fan base will continue to be proud of.
“I want to sincerely thank Warde Manuel, President Mark Schlissel and all the great people at the University for entrusting me with this opportunity. I cannot wait to get started.
“It feels great to be coming home. Go Blue!”