Discussion had about coach Mike Woodson’s future with Indiana Basketball

On February 7, 2025By Littum

Bloomington discussions have taken place about the long-term future for Indiana men’s basketball Coach Mike Woodon, with retirement at the end of the current season an option, Indystar confirmed Thursday.

There are a number of scenarios that may be unfolding, with a intertwined series of economic, cultural and political factors in the game.

Depending on the result of these discussions, Woodson – had to decide to go away after the end of the season – could still be in line to receive a significant retirement package from his Alma Mater.

He retains support both in Indiana’s administrative and donor classes that would make termination a more delicate and difficult proposal. But with Hoosiers falling away from the NCAA tournament image this winter, after losing the field in 2024, a call for change escalates within a frustrated and dissatisfied fan base.

Woodson’s buyout is $ 8.4 million if he ends for no reason after this season. This number would probably be a kind of starting point in such discussions, as well as the conditions of such a payment. Woodson’s contract currently allows IU to spread its payments over annual $ 1 million lump sum.

But this payment comes at the discretion of the university, which means that Indiana could also choose to offer larger, more immediate payments. It can appeal to an athletic department working to clear space in its budget for a significant turnover hole that is currently $ 20.5 million beginning the next financial year.

Whatever the details develop Thursday’s doubts about doubts about the probability of Woodson will train Indiana beyond this season. He has been responsible for his Alma Mater-Where Woodson carved a career as one of IU’s best players from 1976-80 under the legendary coach Bob Knight-I for the last three-Plus years.

This story will be updated.

Follow the Indystar Reporter Zach Osterman on Twitter: @zachoster.