Shaheen Holloway’s Multimillion-Dollar Raise At Seton Hall

After a historic run in the men’s tournament with St. Peter’s, head coach Shaheen Holloway agreed to a six-year deal with Seton Hall.

The 45-year-old became the first coach to lead a 15-seed — and a MAAC program — into the Elite Eight, upsetting Kentucky, Murray State, and Purdue along the way.

Transitioning from the small Metropolitan conference to the Big East not only gives Holloway more exposure in only his second head coaching job, but also the proper financial windfall.

• For reference, St. Peter’s allocated just $1.6M for basketball in 2019-20 — the three teams they defeated in the tournament spent $29.6M.
• Holloway made roughly $300,000 at St. Peter’s before taking a pay cut during the pandemic.
• The New York Post reported that he’ll earn a base salary of $2.4M over six years — similar to what departing HC Kevin Willard made.

South Orange is familiar territory for Holloway. He’s the school’s all-time assists leader and led them to a Sweet 16 in 2000. He was also an assistant coach under Willard for 11 seasons at Iona and Seton Hall before taking over at St. Peter’s in 2018.

Meanwhile, back in Jersey City, the Peacocks will have $71 million to work with thanks to their Elite Eight run — and are reportedly interested in Rutgers assistant Brandin Knight.