Former Milwaukee Bucks coach Mike Budenholzer was named the new head coach of the Phoenix Suns, the team announced Saturday.
“We’re excited to name Mike as the head coach of the Phoenix Suns and bring him back to his home state of Arizona,” Suns owner Mat Ishbia said in a statement. “Mike has proven himself to be among the most successful head coaches in the NBA. He is the right leader to take us to the next level and reach our championship goals.”
Budenholzer’s deal is worth $50-plus million over five years, Shams Charania of The Athletic reportedFriday evening.
The reported deal would make Budenholzer the fifth-highest paid coach by average annual value, as five head coaches are set to make eight figures next season — although there are more hires coming, such as for the Los Angeles Lakers.
