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Central Michigan and head coach Keno Davis last played at Crisler Center in Dec. 29, 2012, a 88-73 win for the Wolverines.

(Courtney Sacco | MLive.com)

ANN ARBOR -- Michigan basketball will host Central Michigan this season, marking the programs' first meeting since 2012.

According to CMU's schedule, newly released on Monday, the game will be played on Monday, Nov. 13.

Central Michigan will receive a payout of $95,000 from U-M for the contest, according to a contract obtained by MLive. The programs agreed to a one-year series.

Michigan holds a 21-3 advantage in the all-time series. The last meeting came in December 2012, a 88-73 win for the Wolverines. CMU's last win came in 2007, a 78-67 win in John Beilein's first season as U-M coach.

Current Central Michigan coach Keno Davis is entering his sixth year at the school. The program is coming off a 16-16 season, including a 6-12 finish in the MAC, and is likely entering a rebuilding season. The Chips lost Marcus Keene, the nation's leading scorer, to the NBA Draft, and Braylon Rayson, who scored 1,885 career points and 21.2 ppg as a senior, to graduation.

Michigan has yet to release its full schedule.

As it stands, known games include three outings in the Maui Invitational 20-22nd: 2017 Maui Jim Maui Invitational, a game at North Carolina in the Big Ten/ACC Challenge, a Dec. 9 home game against UCLA, a neutral court matchup with Detroit Mercy at Little Caesars Arena and road game at Texas.