Jim Larranaga Agrees In Principle To Be Next Miami Basketball Coach, According To Report

Thursday's rumor is Friday's news: CBS Sports' Gary Parrish reports that a source has told him that longtime George Mason coach Jim Larranaga will be the next Miami basketball coach.

As for why, Parrish is pointing at the bottom line:

On the surface this move makes little sense considering Larranaga had rejected overtures from power-conference schools before. Combine that with the fact that the core of his 27-win team was returning, and there's no obvious reason for Larranaga to leave one of the best CAA jobs for one of the worst ACC jobs ... except for money. Larranaga was scheduled to make between $525,000 and $700,000 at George Mason next year (depending on bonuses). His deal at Miami, a source said, will be worth more than $1 million annually.

If that salary figure's accurate, Larranaga would be joining the fraternity of $1 million per year coaches, but Miami would still be spending less than its in-state rivals. Florida coach Billy Donovan earns more than $3.5 million annually, and Florida State coach Leonard Hamilton's salary is in the $1.5 million per year range.

This March, Larranaga coached George Mason to the third round of the NCAA Tournament, where the Patriots were crushed by Ohio State. Miami will be hoping Larranaga can more closely approximate his Patriots' 2006 run to the Final Four with the Hurricanes.

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.