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Spartans sign Izzo to new 5-year, $31M contract

4: 21 PM ET

  • ESPN News Services

Michigan State has signed men’s college basketball coach Tom Izzo to a fresh five-year deal valued at $6.2 million per season, giving him about $2 million more every year.

The institution announced the offer Thursday, saying the rollover contract should be approved by its board the following month.

“We greatly appreciate Coach Izzo’s commitment to your outstanding university and his competitive drive to help keep Spartan basketball as a national powerhouse,” university president Samuel Stanley said in a statement.

Izzo, who was simply inducted in to the Basketball Hall of Fame in 2016, won a national championship in 2000 and leads all active coaches with eight Final Four appearances. He led Michigan State to a 24th straight NCAA tournament last season. He’s got won the Big Ten title 10 times in the standard season and six conference tournament championships.

The 67-year-old Izzo has led the Spartans because the 1995-96 season, when he was promoted from assistant to head coach, replacing the retiring Jud Heathcote.

Following a slow start, the hard-driving coach turned this program right into a national powerhouse by concentrating on rebounding, defending and facing top-flight competition each season before Big Ten play.

“Michigan State is a home if you ask me and my children for 40 years and I’m ecstatic to sign this contract,” Izzo said in the statement.

The Associated Press contributed to the report.

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