Pitino signs 3-year contract extension Print
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Thursday, 03 May 2007 04:52
NCAAB Headline News


 LOUISVILLE, Ky. (AP) -Louisville men's basketball coach Rick Pitino signed a three-year contract extension Thursday that will keep him with the Cardinals through 2013.
The new deal increases Pitino's annual salary from $1.65 million to $2.25 million a year beginning next season and will pay Pitino $2.5 million a year if he stays until the end of the contract. The contract also boosted a loyalty bonus due Pitino on July 1 from $1 million to $1.75 million.
M in the second round of the NCAA Tournament. He is 494-182 in 21 seasons overall and won a national championship at Kentucky in 1996.
``I'm more energetic today than I was 20 years ago,'' Pitino said. ``I'm excited about this basketball team and the opportunities we're going to have down the road.''
 

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