🔴 Global Plus News Editorial
This developing story was originally reported by ESPN on Aug 29, 2026. Our editorial team has summarized and analyzed this important update for our readers in Sports World.
Florida's Golden gets another extension and raise
The 40-year-old Florida coach signed a one-year extension earlier this month that increased the total value of his deal to $49.5 million. It averages...
Key points
- The 40-year-old Florida coach signed a one-year extension earlier this month that increased the total value of his deal to $49.5 million.
- It averages $8.25 million annually and keeps him under contract through the 2031-32 season.
- Golden's salary for next season jumps from $6 million to $7.5 million.
- New North Carolina coach Michael Malone also will make $7.5 million this season.
What happened
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The 40-year-old Florida coach signed a one-year extension earlier this month that increased the total value of his deal to $49.5 million. It averages $8.25 million annually and keeps him under contract through the 2031-32 season. Golden's salary for next season jumps from $6 million to $7.5 million. New North Carolina coach Michael Malone also will make $7.5 million this season. Golden's buyout to leave Gainesville starts at $16 million next season and drops annually: $13 million in 2027-28; $5 million in 2028-29; $3 million in 2029-30; $2 million in 2030-31; and $1 million in 2031-32. His NBA buyout begins at $3 million next season and drops to $2 million (2027-29) and then $1 million in 2029-30.