tom izzo net worth

(AP) - Michigan State has signed coach Tom Izzo to a new deal valued at $6.two 1000000 per flavor, giving him about $2 million more each year.

FILE - Michigan State coach Tom Izzo shouts during the second one-half of the squad'southward NCAA college basketball game game confronting Wisconsin at the Big Ten Briefing men's tournament Friday, March 11, 2022, in Indianapolis. Michigan Country has signed Izzo to a new deal valued at $half-dozen.2 million per season, giving him about $2 one thousand thousand more each year. The schoolhouse appear the deal Thursday, Aug. eleven, 2022, saying that the five-year rollover contract will need to be canonical past its board next month. (AP Photo/Darron Cummings, File)

The school announced the deal Thursday, saying that the five-year rollover contract volition need to be approved by its board next month.

"Michigan Country has been a home to me and my family for forty years and I'm ecstatic to sign this contract," said Izzo, who was hired at the schoolhouse by the late Jud Heathcote equally a part-time assistant in 1983.

Izzo, 67, who was inducted into the Basketball Hall of Fame in 2016, won a national championship in 2000 and leads all active coaches with eight Terminal Four appearances. He led Michigan State to a Large Ten-record 24th directly NCAA Tournament terminal flavour. He has won the Large Ten title 10 times in the regular season and six briefing tournament championships.

"Nosotros have worked hard to maintain title standards and I'grand as energized to bus now as I was when I started as the head coach in 1995," Izzo said.

Izzo was promoted from assistant to caput bus to replacing the retiring Heathcote.

After a ho-hum start, the hard-driving passenger vehicle turned the program into a national powerhouse past focusing on rebounding, defending and playing tiptop-flight contest each season before Big Ten play.

Izzo, who is from Fe Mountain, Michigan, in the state'south Upper Peninsula, has won more games (666) than any coach at a Big 10 schoolhouse. He has lost 267 times, averaging fewer than 10 losses per season.

"We greatly capeesh Autobus Izzo's commitment to our outstanding university and his competitive drive to keep Spartan Basketball as a national powerhouse," schoolhouse president Samuel Stanley Jr. said.

Izzo has had multiple chances to get out Michigan State for the NBA and to coach at other colleges and turned down each opportunity, including one from the Cleveland Cavaliers in 2010.

"Twelve years ago, Tom Izzo said he would exist a Spartan for life, and today's announcement further demonstrates and renews this commitment," able-bodied manager Alan Haller said.

Source: https://www.cbsnews.com/detroit/news/michigan-state-gives-tom-izzo-new-deal-worth-6-2m-per-year/