Michigan basketball assistant coaches see significant pay increase

As of Friday, other coaches on the Michigan basketball staff found out they would be getting a pay increase.

Assistant coaches Luke Yaklich, Saddi Washington and DeAndre Haynes all received an equal raise of at least $55,000, according to the Detroit News.

Yaklich and Haynes will both make $75,000 more in their second year with the program. Yaklich’s base salary will move to $300,000 and Haynes will be at 275,000. Washington, who is in his third year as an assistant, will remain the highest-paid in his position with a $305,000 base salary. Each assistant can earn up to $78,500 in bonuses.

• Outright Big Ten regular-season championship: $17,500

• Share of Big Ten regular-season championship: $11,000

• Big Ten tournament championship: $8,000

•Qualify for NCAA Tournament: $6,000

•NCAA Tournament first-round win: $1,500

•NCAA Tournament second-round win: $3,000

•NCAA Tournament Sweet 16 win: $5,000

•NCAA Tournament Elite Eight win: $7,500

•NCAA Tournament Final Four win: $9,000

•NCAA national championship: $10,000

This in total puts Beilein’s coaching staff at $880,000 this season compared to $675,000 they made a year ago. Haynes’ pay increase is 37.5 percent, Yaklich’s is 33 percent and Washington’s is 22 percent.

These deals are all one-year contracts that run through April 30, 2019 from this month. Phones and cars are included with the deal. If Beilein — who currently is not with the team do to a recent successful heart surgery — is fired or voluntarily leaves then the coaches are due three months salary.

This all comes after John Beilein signed a rolling contract extension through the 2022-23 season that raised his pay to $3.8 million from $3.37 million (seventh-highest in the country).