Tue October 30, 2012
Pitino Contract Extension To Run Through 2022
The University of Louisville has made it official and given men’s basketball coach Rick Pitino a contract extension that will keep him with the Cards for ten more years.
Pitino’s previous contract ran through 2017, but athletic director Tom Jurich had been pressing the coach to extend the deal, which will have him coaching until age 70.
The extension will give Pitino a $3.9 million base salary, plus a retention bonus every other year from 2014 to 2022. It also includes incentives for winning the Big East regular season title and being chosen AP national coach of the year.
The Cards are currently ranked second in many preseason polls and are coming off their first NCAA Final Four appearance in seven years.
Pitino had considered retiring after 2017, but says he’s since realized that he probably could not live without basketball.