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Michigan State basketball's Tom Izzo to receive one-time, $4 million bonus in 2022

EAST LANSING — Mark Dantonio is not the only coach in line to receive a multimillion-dollar check from Michigan State for his longevity and success.

As Tom Izzo was guiding the Spartans through the NCAA tournament in March, the parameters of a $4 million contingency bonus, to be paid in three years, were agreed upon.

Izzo delivered an Elite Eight victory over Duke to earn a trip to his eighth Final Four. The Hall of Fame coach signed his new contract April 15 after losing to Texas Tech, with more perks beyond the significant retention money.