UNC makes Michael Malone 2nd highest paid college basketball coach with $50 million, 6-year contract

To restore its men’s basketball program to the top of the college hoops hierarchy, North Carolina is putting its money where its mouth is.On Tuesday, UNC signed former Denver Nuggets coach Michael Malone to a six-year, $50 million contract, making him the second-highest paid coach in college basketball, behind only Kansas’ Bill Self. Per the terms of his contract, the 54-year-old will earn $7.5 million this season, his first in college since serving as an assistant at Manhattan in 2001.Advertisement