NCAA

Michigan’s Dusty May Signs Contract Extension: What Is His New Salary?

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By
Dan Girolamo
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Dan Girolamo Sports Editor

Dan is a multifaceted content creator who specializes in sports, pop culture, and entertainment. His entertainment work has been featured on Digital Trends, where he has interviewed Brendan Fraser, Jamie Lee Curtis, Alison Brie, Adam DeVine, Sadie Sink, Chris O'Dowd, Machine Gun Kelly, and Frank Grillo. Dan's entertainment work has also been featured on Coming Soon, Hidden Remote, and WatchMojo. Dan's other passion in life revolves around sports, graduating from Marist College with a degree in Sports Communication and Journalism. From columns about the latest in New York sports to gambling predictions, Dan continues to find success in written and broadcast journalism. Previous written work can be found at Unafraid Show, while broadcast clips can be seen on WAVE.tv and CBS Sports.

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Published21 Feb 2025

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Dusty May puts his hands out.

Michigan men’s basketball coach Dusty May has signed a new contract extension to remain with the team, the school announced Friday.

Dusty May Contract: What Is His Salary?

May is going to be the Michigan coach for the foreseeable future.

Per CBS Sports, May’s new deal adds one year to his contract, which now runs through the spring of 2030.

May’s annual salary increases by $1 million, from $3.75 million to $4.75 million.

May’s buyout now rises to $7.5 million.

“I am excited to announce that Dusty and I have agreed to a new multi-year contract,” said Michigan’s AD Warde Manuel. “His commitment to this University and the success of the men’s basketball program has far exceeded our expectations and makes us all excited for what the future holds. I look forward to Dusty, Anna, and his family remaining a part of the fabric of this University and community for many years to come.”

The extension essentially removes May from contention for the vacancy at Indiana. May was a student manager for Bob Knight from 1996-2000.

“I think it makes it obvious: I’m staying at Michigan,” May told CBS Sports when asked about the Indiana job. “I really wasn’t interested in leveraging in negotiating” with Michigan as the team works toward a high NCAA Tournament seed.”

May previously spent six seasons coaching the FAU Owls (2018-2024), leading them to the Final Four in 2022-2023.

In his first season at Michigan, the No. 12 Wolverines are 20-6.

Highest Paid Coaches In College Basketball

Kansas’ Bill Self remains the highest-paid coach in college basketball, making approximately $9.6 million this season.

UConn’s Danny Hurley signed a six-year, $50 million contract after winning his second consecutive National Championship. Hurley’s average annual salary of $8.3 million is second only to Self.

Arkansas John Calipari makes about $7 million annually.