ANN ARBOR, Mich. \u2014 Michigan kept its national championship celebration rolling Saturday with a parade through the streets of Ann Arbor, a banner-raising at Crisler Center and the announcement of a new contract for coach Dusty May.<\/p>\n
Athletic director Warde Manuel didn\u2019t disclose terms of the deal, but he told the crowd at Michigan\u2019s title celebration that May will \u201cbe the leader of this basketball team for many years to come.\u201d<\/p>\n
\u201cWe reached an agreement on the terms, and we\u2019re putting it on paper,\u201d Manuel told The Athletic after the ceremony. \u201cHe\u2019s going to be our coach. Dusty and I have a great relationship. We\u2019ve been busy, and my staff has been working on it. It\u2019s going to be on his desk this weekend.\u201d<\/p>\n
May previously removed himself from consideration for the North Carolina job, which went to former Denver Nuggets coach Michael Malone<\/a>, and told Michigan that he wasn\u2019t pursuing other openings.<\/p>\n May is in line for a hefty raise after leading the Wolverines to a 37-3 record and the program\u2019s first national championship since 1989 in his second year as head coach. May earned $4.6 million this season, not including performance bonuses, on a deal that runs through 2030. Arizona coach Tommy Lloyd agreed to a five-year contract extension<\/a> that will pay him $37.5 million, an average of $7.5 million per season, and Malone signed a six-year, $50 million deal.<\/p>\n \u201cI don\u2019t know exactly where it (ranks),\u201d Manuel said of May\u2019s new deal. \u201cEverybody is trying to shuffle around. One day it\u2019s something, and the next day somebody else has a different deal. He\u2019s happy and I\u2019m happy. How about that?\u201d<\/p>\n Michigan fans are also happy. Thousands of them lined the streets Saturday morning and made their way to Crisler Center to watch the program raise banners for the Final Four and national championship. The Wolverines defeated UConn 69-63 Monday night to win the title.<\/p>\n Fans paid tribute to players from Michigan\u2019s championship team, including forward Yaxel Lendeborg, who was walking gingerly after playing through a knee injury in the championship game.<\/p>\n \u201cIf I could come back and play five more years, I would,\u201d said Lendeborg, a projected first-round pick in this year\u2019s NBA Draft.<\/p>\n The Wolverines are already reloading for next season. Point guard Elliot Cadeau, the Most Outstanding Player of the Final Four, has signed a deal to return for his senior season, and guard Trey McKenney is returning for his sophomore season.<\/p>\n Michigan is awaiting NBA Draft decisions from center Aday Mara and forward Morez Johnson Jr. The Wolverines will add another big man to the mix in Tennessee transfer J.P. Estrella<\/a>, and they also landed a recent commitment from five-star high-school recruit Brandon McCoy Jr. and had Wake Forest transfer Juke Harris, the No. 2 player in The Athletic\u2019s portal rankings<\/a>, on campus for a visit.<\/p>\n","protected":false},"excerpt":{"rendered":"ANN ARBOR, Mich. \u2014 Michigan kept its national championship celebration rolling Saturday with a parade through the streets…\n","protected":false},"author":2,"featured_media":578712,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[399,2663,1777,398,396,397,99],"class_list":{"0":"post-578711","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ncaa-football","8":"tag-football","9":"tag-mens-college-basketball","10":"tag-michigan-wolverines","11":"tag-ncaa","12":"tag-ncaa-football","13":"tag-ncaafootball","14":"tag-sports"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/578711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=578711"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/578711\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/578712"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=578711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=578711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=578711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}