Jai Lucas and Miami have finalized the contract that makes him the school’s new men’s basketball coach, nearly two weeks after they struck preliminary agreement on a deal.

Jim Larrañaga has stepped down as Miami’s men’s basketball coach effective immediately.

Jordan Miller entered the transfer portal two years ago and wasn't immediately on Miami's radar.

School-switching has never been more prevalent in college basketball thanks to the NCAA relaxing transfer rules and granting an extra year of eligibility from the pandemic season.