Rick Pitino has agreed to a five-year contract extension with Louisville that will keep him around until 2025 or until he decides to retire.
Louisville has extended the contract of men's basketball coach Rick Pitino through 2025-26 #L1C4 pic.twitter.com/vhXV2lrg82
— Kenny Klein (@KKcards) June 9, 2015
Rick pitino contract extention to 2026. Package worth $70m. pic.twitter.com/mIkXcDeX75
— Fred Cowgill WLKY (@FredCowgillWLKY) June 9, 2015
His base salary — $3.9 million — remains the same, but he will now earn a $600,000 retention bonus every other year from 2014 to 2022.