In which sense is the configuration variable of a classical spin $SU(2)$? I can view a classical spin as a unit vector in $\mathbb{S}^2$ (2-dim. sphere), but it seems it is really given by a matrix $U$ in $SU(2)$. The Hopf map $$H:SU(2)\rightarrow \mathbb{S}^2$$ given by $$H(U)=U\sigma_3U^{\dagger}$$ whose image can be identified with an element in $\mathbb{S}^2$ gives what I imagined to be this classical spin.
Since with a magnetic field $B$ the interaction is just $H(U) \cdot B$ there would be no problem on just considering $S \in \mathbb{S}^2$ as a configuration variable, but I read the following:
A classical particle of mass $m$, with position $x$ and spin $S$ moving on a fixed external magnetic field $B$ can be described by the Lagrangian function on the tangent bundle of the configuration space $\mathbb{R} \times SU(2)$ given as
$$L=\frac{1}{2}\dot{x}^2+i\lambda Tr(\sigma_3U^{\dagger}\dot{U})+\mu Tr(H(U)\dot B).$$
So the second term is explicitly in terms of $U$.
EDIT: I got this from "Gauge symmetries and fiber bundles". Balachandran et al.