Report: Cavs offer rich contract to Izzo

June 7, 2010 at 8:57 PM

CLEVELAND, June 7 (UPI) -- Cleveland Cavaliers owner Dan Gilbert is wooing Michigan State men's basketball Coach Tom Izzo with a rich offer to lead the NBA team, sources say.

Citing unnamed multiple sources, The (Cleveland) Plain Dealer reported Monday Gilbert has discussed offering Izzo $6 million per year for five years to leave the college ranks and for the pro ranks.

The newspaper's sources said Izzo was mulling the offer, which is much higher than the industry standard for coaches with no NBA experience. It is reportedly packed with incentive clauses and perks such as the free use of one of Gilbert's jets.

The Plain Dealer had earlier reported Izzo was among a handful of candidates atop the Cavs' wish list to replace the fired Mike Brown, who was dismissed two weeks ago.

The newspaper cited "several people who are friends of Izzo" as saying the coach is hesitating about taking the job unless he's convinced superstar free-agent-to-be LeBron James would re-sign with the Cavs.

Related UPI Stories
Topics: Tom Izzo
Latest Headlines
Trending Stories
SB50: Denver Broncos face tough call at QB in 2016
Johnny Manziel's ex-girlfriend claims he hit her
NFLPA hopes to have independent arbitration for player discipline next season
Watch every star-studded Super Bowl commercial of 2016
Group recreates 'Mario Kart' video game at UK mall