Michael Malone contract details have UNC walking a tightrope with no safety net

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Michael Malone has been hired as the new head coach of the University of North Carolina's men's basketball team, signing a six-year contract with a yearly average of over $8.3 million. Malone, a former NBA coach with championship experience, is expected to lead the Tar Heels back to postseason success after a disappointing first-round exit in the NCAA Tournament.
The University of North Carolina has hired Michael Malone as its new men's basketball coach. Malone signed a six-year contract with a yearly average of over $8.3 million, making him one of the top-five highest-paid coaches in college basketball. He replaces Hubert Davis and brings NBA championship experience to the role. Malone's daughter plays volleyball at UNC and he was recommended by a search committee. He has experience as a head coach in the pros and as an assistant coach in college. The Tar Heels are looking to regain their form after a disappointing first-round exit in the NCAA Tournament.
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