Michigan Coach Signs Extension
Monday, June 26th 2000, 12:00 am
By: News On 6
DETROIT (AP) â€” Michigan football coach Lloyd Carr signed a new contract that will keep him at the school through the 2005 season.
The restructured deal that was announced Monday adds a year to the previous contract that ran through 2004. Carr's base salary will remain at $287,000.
His additional compensation for media appearances and other services will amount to $565,000 for the coming season and $765,000 in subsequent years.
``The contract extension reaffirms the University of Michigan's commitment to Lloyd and to the success of the football program,'' interim athletic director Bill Martin said.
``Lloyd's accomplishments on the field, plus his relationship with players, staff, alumni and fans have been an integral part of his success throughout his career at Michigan.''
A contract provision calls for an additional $55,000 to be distributed among Carr's staff. Carr also plans to contribute $50,000 a year to the university's athletic scholarship fund.
Carr was hired as interim coach in 1995 after Gary Moeller â€” Carr's best friend â€” was fired following a drunken outburst at a restaurant. He was made permanent coach midway through his first season.
Entering his sixth season at Michigan, Carr has a 49-13 record, including a share of the national championship in 1997 â€” the Wolverines' first in football since 1948.
The Wolverines went 10-2 last season, including an overtime victory over Alabama in the Orange Bowl.