From TexAgs:
"They paid 2.5 million dollars to a coach who's been to the sweet sixteen once and can't coach an offense to save his life. That means he's making more than the following coaches (source is USA today report on coaching salaries, although a couple were missing some of the categories and could be off by 100-200K):
Jim Calhoun, 2.4 million (3 championships and multiple final fours)
Roy Williams, 1.75 million (2 national championships in the last 8 years)
Ben Howland, 2.2 million (3 final fours and 1 NCAA runner up)
John Thompson, Georgetown 1.8 million (1 final four and 1 sweet sixteen)
Other notables: Jim Boeheim (1.3 million), Bob Huggins (1.8 million), Jay Wright (1.8 million), Bo Ryan (2.1 million) , and Brad Stevens (who's obviously going to get a big pay raise at his next job). "