Two donors have pledged $24 million towards Michigan State's Mel Tucker's salary

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Editor’s Note: Mat Ishbia, the CEO of Pontiac-based United Wholesale Mortgage Holding Corp. and Shift Digital CEO Stephen St. of MSU football coach Mel Tucker’s salary in a deal made public on Thursday, Dec. 22, 2022. The amount was incorrectly described in a story published on Nov. 25, 2021.

Donors are paying a portion of Michigan State football coach Mel Tucker’s salary, but not as much as some might imagine.

According to records released by the university on Thursday, Mat Ishbia and Steve St. Andre will donate $24 million to Michigan State athletics, each noting their preference for money going towards the football program and funding Tucker’s salary, meaning Michigan State will be responsible for the remaining $71 million. of Tucker’s 10-year, $95 million contract.

While donors cannot specify that their donations go towards a specific trainer’s salary, they can indicate their preference for how the money is used.

Ishbia’s donation – $14 million paid in 10 installments – affirms his “affinity” to use the donation to benefit the football team, men’s basketball team or the Spartan For Life fund.

The donation of St. Andre – $10 million paid in six installments – says it “may include but is not limited to recruiting and retention for MSU’s intercollegiate men’s soccer team.”