Indiana Hoosiers head coach Mike Woodson has announced his decision to retire at the end of the 2024-2025 basketball season. This marks the conclusion of his four-year tenure with the program, during which he achieved a 77-49 record and led the team to two NCAA Tournament appearances.
Coaching Career and Achievements
Woodson, 66, returned to his alma mater in 2021, succeeding Archie Miller as head coach. His first two seasons were marked by notable success:
- 2021-2022 Season: The Hoosiers secured a 21-14 record and participated in the NCAA Tournament.
- 2022-2023 Season: They improved to a 23-12 record, earning a four-seed in the NCAA Tournament before being eliminated in the second round.
However, the subsequent seasons presented challenges:
- 2023-2024 Season: The team finished with a 19-14 record and did not qualify for the NCAA Tournament.
- 2024-2025 Season: Currently, the Hoosiers hold a 14-9 record, with a 5-7 mark in Big Ten play, and have lost six of their last seven games.
Retirement Announcement
In a statement released on February 7, 2025, Indiana Vice President and Director of Athletics Scott Dolson confirmed Woodson’s decision to retire at the end of the current season. Dolson praised Woodson for his dedication and contributions to the program, particularly in navigating the evolving landscape of college athletics, including Name, Image, and Likeness (NIL) rights and the Transfer Portal.
Financial Considerations
Woodson’s contract, amended in August 2023, increased his annual salary to $4.2 million and extended through the 2026-2027 season. Following his retirement, he is expected to receive approximately $8.4 million from Indiana, with the buyout structured in annual payments of $1 million.
Future Plans
While Woodson has not publicly disclosed his post-retirement plans, his extensive experience in both collegiate and professional basketball suggests he may pursue opportunities in broadcasting, consulting, or other roles within the basketball community.
As the Hoosiers approach the end of the season, attention will turn to identifying a successor who can build upon the foundation established during Woodson’s tenure and lead the program to future success.