Juwan Howard Contract Details With Michigan Revealed

ORLANDO, FL - OCTOBER 26: Josh Richardson #0 and assistant coach Juwan Howard of the Miami Heat on the bench on opening night against the Orlando Magic on October 26, 2016 at Amway Center in Orlando, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Manuela Davies/Getty Images)
Miami Heat v Orlando Magic | Manuela Davies

John Beilein left a gaping hole in the Michigan Wolverines' basketball program when it was announced that the decorated head coach would be taking the same position for the Cleveland Cavaliers.

The Big Ten powerhouse, however, didn't waste much time in finding Beilein's successor. In fact, the Wolverines reverted back to their own roots, hiring former Fab Five star and Miami Heat assistant coach Juwan Howard.

The terms of the reported deal were completed late Wednesday afternoon. According to Brendan Quinn of The Athletic, Juwan agreed to a five-year contract and he will earn upwards of $2 million annually with a base salary of $400,000. The agreement also includes a buyout clause.

The former 19-year NBA veteran will have some MASSIVE shoes to fill as Michigan reached the NCAA Tournament nine times in Beilein's 12 seasons at the helm. Additionally, he led the university to two national title games in 2013 and 2018.

He simply raised the standard of Wolverine basketball that fans haven't witnessed since Howard's Fab Five days in the 1990s.

And Michigan fans will be pleased to hear that Juwan is wasting no time getting down to business.

The Wolverines are certainly taking a gamble on a guy who has never held a head coaching title at any level, only serving as high as an assistant. The salary seems reasonable considering his household name but only time will tell if it was a risk worth taking.