Reported by Pete Thamel, Washington Huskies Head Basketball Coach Mike Hopkins is going to stay in Montlake for the foreseeable future. He recently agreed to a new six-year contract.
Sources: Washington and coach Mike Hopkins have agreed to a new 6-year contract. Hopkins won Pac-12 Coach of the Year his first two seasons in Seattle.— Pete Thamel (@PeteThamel) March 21, 2019
Hopkins won Pac-12 coach of the year in both of his seasons at the helm of the Huskies, currently with a career record of 47-21 when combining conference and non-conference play.
He had the unenviable task of taking over for the most successful coach in Washington history in Lorenzo Romar, but he has been able to make the most of it, and now has the Dawgs in the NCAA Tournament for the first time in eight seasons.
Hopkins had been rumored to multiple jobs after his successful first year, especially back to Syracuse where he spent almost all of his coaching career under Jim Boeheim but has insisted that he wanted to stay at UW, and now he has put forth a commitment to do so.
Details of the contract have yet to be announced, but Percy Allen reported that this deal has been in the works for a while.
EDIT: The University of Washington has now made the extension official. No dollar amounts have yet been released but the expectation is that Hopkins will become one of the most highly paid coaches in the conference. Oregon’s Dana Altman agreed to an extension through 2025 last week at an average of about $3.5 million and Hopkins will likely receive less than that given his shorter tenure despite his early success.
A copy of Hop’s contract has now become available. Hopkins would earn an average of $2.92 million over the course of the deal with the salaries increasing by $100,000 each year. His buyout is $6 million if he were to leave before April of 2021 then reduces to $3 million in 2022 and $1 million in 2023. He buyout amounts are reduced by 50% if Jen Cohen is not in the position of AD at the time. The contract has another year tacked on automatically if the Huskies win a conference title or make another NCAA tournament before 2022.