I love the University of MI and I am excited about coaching our Men's Basketball Team next season and in the years to come!
"It became very clear to me where I was meant to finish coaching", Beilein told the Free Press.
Beilein now holds a 724-419 overall record as a head coach, and a 24-12 record in the NCAA Tournament.
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Beilein and MI are finalizing a contract extension, according to Brendan Quinn of The Athletic.
Michigan's athletic director Warde Manuel voiced the same feelings. Stein also added that John Beilein has withdrawn from the coaching search in Detroit. He has also led the Wolverines to a couple of National Title games - although he is still looking for his first win in those games.
"We are thrilled that John Beilein will be our coach now and into the future".
Casey is owed $6.5 million for the final year of his contract in Toronto, where he was sacked after a franchise-record 59-win regular season and a second-round playoff sweep to the Cleveland Cavaliers.