Izzo and school officials confirmed Tuesday an agreement that should boost his income to roughly $600,000 a year, up from $440,000, the Lansing State Journal reported in a story published yesterday.
''It isn't signed yet. But I think it's great,'' Izzo told the State Journal. ''If it's possible to have a deal that's good for all parties, that's what this is.''
Izzo's base salary is slated to climb from $130,000 to $175,000, with a $35,000 annuity added, the State Journal reported. Additional compensation, including summer camps, television and radio shows, and shoe and equipment contracts should increase from $300,000 to $390,000.
''When all is said and done ... we're getting a million-dollar coach for 600,000 bucks,'' Michigan State vice president and spokesperson Terry Denbow said.
The Spartans, originally predicted to finish low in the Big Ten, were co-champions with a 13-3 conference record and a 22-8 overall record.
04-16-98
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