Florida men’s basketball coach Todd Golden is staying in Gainesville for the long-term. 

Months after his name swirled around NBA circles after the 2025-26 season, Golden signed a new six-year contract extension Friday, according to On3’s Joe Tipton.

The $49.5 million deal will keep Golden among the top-paid coaches in college basketball, carrying an average of $8.25 million annually until the 2031-32 season. Golden’s salary jumps from $6 million to $7.5 million next season, increasing $300,000 annually before reaching $9 million in the final year of the deal. 

The 41-year-old will enter his fifth season as the second-highest paid coach in the SEC, sitting behind Arkansas’ John Calipari. Kansas’ Bill Self and UConn’s Dan Hurley are the only other coaches set to earn more than Golden next year. 

Golden’s third raise in three years makes him the highest-paid coach in school history, edging out first-year Florida football coach Jon Sumrall’s six-year contract, which averages $7.45 million annually.  

Golden’s buyout if he were to leave for another collegiate program increases to $16 million from $11 million until March 31, 2027, 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. If he leaves for the NBA, his buyout begins at $3 million next season and drops to $2 million from 2027-29 and then $1 million in 2029-30. 

The new deal comes after Golden led the Gators to a No. 1 seed in the 2026 NCAA Tournament and the 2025 NCAA National Championship.