04/07/26 06:27:00
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04/07 18:26 CDT Michael Malone takes over at North Carolina as the Tar Heels
turn to an outsider from the NBA
Michael Malone takes over at North Carolina as the Tar Heels turn to an
outsider from the NBA
By BOB SUTTON
Associated Press
CHAPEL HILL, N.C. (AP) --- Michael Malone acknowledged that he's an outsider as
North Carolina's basketball coach.
"I did not play here. I'm not from Carolina," he said Tuesday evening during
his introductory news conference at the Dean Smith Center. "But I think they're
ready to embrace somebody new. A new vision to try to get this program back to
where we all want it to be."
The Tar Heels hired the NBA championship-winning coach on Tuesday, signing him
to a six-year deal worth $50 million in base compensation.
Malone replaces Hubert Davis, who was fired on March 24 after five seasons as
the successor to retired Hall of Famer Roy Williams.
The 54-year-old Malone spent 12 seasons as a head coach in the NBA, including a
10-year run in Denver. He led the Nuggets to the 2023 title behind three-time
league MVP Nikola Jokic.
The Nuggets fired Malone last spring with less than a week left in that regular
season. Almost a year to the day, in another surprise move, Malone took over a
blue-blood program with six national titles, a record 21 appearances in the
Final Four and alums including Michael Jordan, James Worthy Vince Carter and
Atlantic Coast Conference career scoring leader Tyler Hansbrough.
Malone said 10 to 12 former UNC players visited him in his arena office in the
few hours after he arrived earlier in the day from Colorado.
"I think family is important," he said. "It's something we talked a lot about
in Denver. I think it's even more important in the college landscape because
you're talking about young men coming to your program."
Malone's six-year deal starts at $7.5 million in base compensation and rises to
$9 million by the 2031-32 season. Malone can also earn incentives worth up to
nearly $1.5 annually, while he has a buyout that starts at $8 million through
April 1 and drops to $6.5 million in 2028 and $5 million in 2029 as it
continues to decline over the life of the deal.
Additionally, the agreement requires a $4 million salary pool for assistant
coaches and support staff, as well as for the school to commit no less than
$6.75 million of its revenue-share allotment to men's basketball.
Davis' firing opened one of the top jobs in college basketball for only the
fourth time since the late Hall of Famer Dean Smith's retirement after 36
seasons in October 1997. The job had stayed in the "Carolina Family" ever
since. Longtime assistant Bill Guthridge replaced Smith, followed by former UNC
player Matt Doherty, former Smith assistant Williams and then Davis, who played
under Smith and worked on Williams' staff.
Malone has never been a college head coach and has spent most of his career in
the NBA. His primary connection to UNC athletics is the presence of daughter
Bridget on the Tar Heels' volleyball team. He told the UNC athletic
department's "Carolina Insider" podcast in October that he had attended
multiple recent basketball practices --- with Davis even asking him to speak to
the team at least once.
___
AP Basketball Writer Aaron Beard in Indianapolis contributed to this report.
___
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