Former Florida Atlantic Owls head coach Dusty May. Brad Penner-USA TODAY Sports

Dusty May is getting a pretty nice deal to become the new head basketball coach at Michigan.

Michigan officially announced the hiring of the former FAU coach in a release on Sunday. The release also revealed the terms of May’s contract with Michigan — five years at an average value of $3.75 million per year. That means May has a total value of $18.75 million in the deal, which runs through 2029.

The 47-year-old May is being tabbed by Michigan to succeed Juwan Howard, who was fired after five seasons in charge. After nearly a decade-and-a-half as a D1 assistant coach, May took the head-coaching job at FAU in 2018 and enjoyed some real success. 

He was 126-69 (.646) overall for the Owls and most notably led them to a surprise Final Four appearance as a No. 9 seed in last year’s NCAA Tournament.

While May just agreed to a long-term contract extension with FAU last year, Michigan is triggering the buyout and giving May what appears to be a very sizable bump in pay to become their next head coach.

More must-reads:

TODAY'S BEST
Joe Burrow shares 'support' for Bengals who requested trades
Dodgers star latest victim of announcers jinx
Mike Conley discusses what makes Anthony Edwards so special
J.J. Watt and others destroy Austin Rivers over NBA/NFL take
Celtics dominate short-handed Cavaliers in blowout Game 1 win
Rangers special teams, goaltending help them take control against Hurricanes
Knicks share brutal injury news on Mitchell Robinson
Titans put Treylon Burks on notice with latest free-agent addition
Rudy Gobert's Defensive Player of the Year award redeems reputation of darkness retreats
LIV Golf scores major win ahead of PGA Championship
Astros GM makes revealing comments about team's trade-deadline strategy amid poor start
Watch: Overtime goal completes Avalanche's comeback in 4-3 win over Stars
Thunder’s three-point barrage takes down Mavericks in Game 1
Legendary Broncos DC Joe Collier dead at 91
Watch: Phillies' Bryce Harper stays hot with another grand slam
Cardinals' Willson Contreras suffers broken arm after being hit by swing
Nuggets star gets fined, but avoids suspension for ugly Game 2 actions
PSG superstar to potentially depart club with zero UEFA Champions League trophies
NFL has a reported date for the 2024 schedule release
Lions sign veteran defensive tackle