The Milwaukee Bucks believe Doc Rivers is the right person to lead them to another NBA title, and they are paying the head coach accordingly.
Rivers has signed a contract with the Bucks that runs through the 2026-27 season, according to Shams Charania of The Athletic. The deal is worth $40M in total, which works out to roughly $11.4M per year since Rivers is only coaching for half the season this year.
Sources: Doc Rivers is signing a contract through the 2026-27 season worth in the range of $40 million to be the Bucks’ head coach. Milwaukee is paying out former coaches Mike Budenholzer and Adrian Griffin, and now Rivers for next 3.5 years. pic.twitter.com/TJNafNFms9
— Shams Charania (@ShamsCharania) January 25, 2024
An $11.4M salary makes Rivers the third-highest-paid coach in the NBA behind only Gregg Popovich, who reportedly makes $16M annually with the San Antonio Spurs, and Erik Spoelstra, who recently signed an extension with the Miami Heat that is worth $15M per year.
The Bucks stunned the NBA earlier this week when they fired Adrian Griffin, who had led the team to a 30-13 start this season. It quickly became clear that Milwaukee had a plan in the works for a while to hire Rivers.
The contract the Bucks gave Rivers is further proof of how much faith they have in him. Many fans think the plan is going to backfire, as evidenced by the joke we saw everyone making after Milwaukee hired Rivers.
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