Overview
- North Carolina introduced Michael Malone on Tuesday, finalizing a six-year, $50 million hire to replace Hubert Davis, who was fired March 24.
- Malone’s pay starts at $7.5 million and rises to $9 million by 2031–32, with up to $1.475 million in annual incentives and a buyout that begins at $8 million and declines over the deal.
- The agreement sets a $4 million salary pool for assistants and support staff and commits at least $6.75 million in revenue-share funds to men’s basketball.
- The move breaks with UNC’s tradition of hiring from its own ranks dating to the 1950s, as Roy Williams and former Tar Heels publicly welcomed Malone.
- With the transfer portal open, Malone’s first tasks are hiring a staff skilled in recruiting and NIL and stabilizing the roster as players weigh departures and arrivals.