Current:Home > FinanceUConn, coach Dan Hurley agree to 6-year, $50 million deal a month after he spurned offer from Lakers -Core Financial Strategies
UConn, coach Dan Hurley agree to 6-year, $50 million deal a month after he spurned offer from Lakers
View
Date:2025-04-18 00:12:39
STORRS, Conn. (AP) — UConn and men’s basketball coach Dan Hurley have agreed to a six-year, $50 million contract through the 2029-30 season, nearly a month after he turned down a lucrative offer to coach the Los Angeles Lakers.
Hurley, who passed on guiding the storied NBA club to return to the two-time defending NCAA champions, can also earn more through performance-based incentives, a Monday release from the school stated. He will receive $6.375 million next season, which includes a $400,000 base annual salary with additional compensation from speaking, consulting and media obligations.
The agreement, which includes a $1 million annual retention bonus, will be covered by increased ticket sales revenue and donations from the Husky Athletic Fund, the release added. It replaces the six-year, $32.1 million agreement reached in June 2023 after Hurley won his first national championship with UConn.
Hurley — 141-58 in six seasons with the Huskies and 292-163 overall entering his 15th as a Division I head coach — acknowledged that the Lakers’ six-year, $70 million offer was “obviously tempting.” He was also mentioned as a candidate for the Kentucky coaching vacancy after John Calipari left for Arkansas. But Hurley reiterated last month that he belongs at UConn and stated in the release that “it’s an honor” to coach and represent the school and is proud of what the program has rebuilt for supporters and fans.
He added: “We will continue to obsessively pursue championships and historic success, while continuing to develop great young men. Bleed Blue!”
UConn President Radenka Maric called Hurley the nation’s best men’s basketball coach and said he was delighted Hurley will continue to call it home. Athletic director David Benedict praised Hurley and wife Andrea for pouring themselves into rebuilding the program added that the contract recognizes the “immense” effort that has produced the results and the dedication it will require for the program to sustain it.
___
AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball
veryGood! (481)
Related
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Taylor Swift Kicks Off Pride Month With Onstage Tribute to Her Fans
- The Man Who Makes Greenhouse Gas Polluters Face Their Victims in Court
- Supreme Court rejects affirmative action, ending use of race as factor in college admissions
- What do we know about the mysterious drones reported flying over New Jersey?
- Amanda Seyfried Shares How Tom Holland Bonded With Her Kids on Set of The Crowded Room
- Beanie Feldstein Marries Bonnie-Chance Roberts in Dream New York Wedding
- What is malaria? What to know as Florida, Texas see first locally acquired infections in 20 years
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- These City Bus Routes Are Going Electric ― and Saving Money
Ranking
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- DoorDash says it will give drivers the option to earn a minimum hourly wage
- RHOC's Shannon Beador Has a Surprise Reunion With Ex-Husband David Beador
- Biden says he's not big on abortion because of Catholic faith, but Roe got it right
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Heat blamed for more than a dozen deaths in Texas, Louisiana. Here's how to stay safe.
- Yusef Salaam, exonerated member of Central Park Five, declares victory in New York City Council race
- Latest Canadian wildfire smoke maps show where air quality is unhealthy now and forecasts for the near future
Recommendation
Why members of two of EPA's influential science advisory committees were let go
5,500 U.S. Schools Use Solar Power, and That’s Growing as Costs Fall, Study Shows
Chrissy Teigen and John Legend welcome 4th child via surrogate
Earn less than $100,000 in San Francisco? Then you are considered low income.
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
Michigan man accused of planning synagogue attack indicted by grand jury
Congress Passed a Bipartisan Conservation Law. Then the Trump Administration Got in its Way
Why Jury Duty's Ronald Gladden Could Be Returning to Your Television Screen