‘I’m the place I would like to be.’ UCLA’s Mick Cronin bought a brand new five-year contract this summer season

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UCLA Men’s Basketball Coach Mick Cronin Signs New Five-Year Contract

SEATTLE — In a move that solidifies his position as the leader of the UCLA men’s basketball team, Mick Cronin has been awarded a new five-year contract that runs through the 2029-30 season. According to documents obtained by The Times through a public-records request, the contract was signed by Cronin and athletic director Martin Jarmond in May and took effect on June 1. This development underscores UCLA’s commitment to Cronin, who has been instrumental in shaping the team’s success in recent years.

Contract Details and Implications

The new contract will pay Cronin $4.5 million per season, representing a slight increase from his previous $4.1 million annual salary. This adjustment reflects Cronin’s value to the program, given his achievements since taking the helm. Notably, the contract includes a buyout provision that would require UCLA to pay Cronin $22.5 million if he is terminated without cause through March 31, 2026, with the amount decreasing in subsequent years. Additionally, if Cronin were to leave for another job, he would owe UCLA $15 million through March 31, 2026, with this amount also decreasing over time.

Cronin’s contract also features a bonus structure tied to the team’s performance, with incentives for conference championships, NCAA tournament appearances, and academic achievements. For instance, he would receive $25,000 for a conference championship and $45,000 for making the NCAA tournament. These bonuses are designed to motivate Cronin and the team to strive for excellence in both athletic and academic pursuits.

Cronin’s Commitment to UCLA

When asked about his new contract, Cronin expressed his dedication to UCLA, stating, “I’m honored to be the coach at UCLA… I’ve had many offers to do so. I’m where I want to be, so I’ll always say the same thing — it was surreal when I got the job, and I’m just working hard to do everything we can to upgrade our program to a point where we can try to win the title for our fans.” This commitment is evident in his achievements, including guiding UCLA to the second round of the NCAA tournament and securing a Pac-12 title in 2023.

Cronin’s tenure at UCLA has been marked by significant milestones, including a 145-67 record in seven seasons and appearances in the Final Four, Sweet 16, and Elite Eight. His leadership and strategic approach have been instrumental in the team’s success, making him an integral part of UCLA’s athletic program. As Cronin continues to lead the team, his focus remains on enhancing the program and striving for a national title.

For more information on Mick Cronin’s new contract and his achievements with UCLA, visit Here

Image Source: www.latimes.com

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