Pitino gets contract extension

March 31, 2010 at 5:25 PM
1 of 2
| License Photo

LOUISVILLE, Ky., March 31 (UPI) -- Louisville men's basketball Coach Rick Pitino has been given a contract extension that has him leading the Cardinals through the 2016-17 season.

The Louisville Courier-Journal reported Wednesday that Pitino's new deal will pay him a base salary of $2.5 million a season. He is also to receive a "loyalty bonus" of $3.6 million, a payout the school moved from July to Thursday.

Pitino, 57, is 220-86 over nine seasons with Louisville. The Cardinals were 20-13 this season, losing in the first round of the NCAA tournament. It was the eighth consecutive year Louisville won at least 20 games.

He's also taken the team to the Final Four in 2005 and Elite Eight in 2008 and 2009.

Pitino told the Courier-Journal, "I'm delighted that I'm going to end my career at the University of Louisville."

Pitino is the only coach to have taken three teams to the Final Four, doing so at Providence and Kentucky in addition to Louisville. He's been a head college coach for 24 seasons, amassing a 568-199 record. He also coached the NBA's New York Knicks and Boston Celtics for a total of six seasons.

Related UPI Stories
Topics: Rick Pitino
Latest Headlines
Trending Stories
SB50: Denver Broncos face tough call at QB in 2016
Johnny Manziel's ex-girlfriend claims he hit her
NFLPA hopes to have independent arbitration for player discipline next season
Watch every star-studded Super Bowl commercial of 2016
Group recreates 'Mario Kart' video game at UK mall