Louisville announced Tuesday that they have extended Rick Pitino’s contract through the 2025-26 season. If Pitino stays for the duration of this contract, he would be 73.
This is a guy who once said he would retire after the 2016-17 season. However, money talks and Pitino, who is 62, is enjoying his time in Louisville.
GoCards.com (Louisville’s athletic website) issued a statement on Tuesday:
The University of Louisville has extended the contract of men’s basketball coach Rick Pitino four years, boosting his association with the Cardinals through the 2025-26 season.
The first coach in NCAA history to win a national title at two different schools and the first to take three different teams to the Final Four, Pitino had seven years remaining on his current contract, which had tied him with the Cardinals through the 2021-22 season.
Pitino’s last contract had him being paid at nearly $6 million per year. As a member of the Hall of Fame, Pitino has a career record of 722-254 in 30 seasons of coaching.
Louisville is coming off a season in which they went 27-9 and reached the Elite Eight before eventually losing to Michigan State. Pitino may have a hard time next season, though, as the Cardinals lose their top four scorers, including early-NBA entrants Montrezl Harrell and Terry Rozier.