"The new deal adds four years to the previous contract extension Pitino signed with the university after the 2013 season, and it includes $7.5 million in retention bonuses that kick in every three years beginning in 2017.
Pitino's salary will increase from $4.448 million for the 2015-16 fiscal year to $5.093 million in 2016-17, and then stay at that new figure through 2026. In all, the 10-year extension is worth $50.93 million in salary."
Source - http://www.courier-journal.com/stor...ck-pitinos-contract-through-2025-26/28740761/
According to this he was the third highest paid MBB coach in 2015 - http://www.paywizard.org/main/salary/vip-check/basketball-coach-salaries
In essence, we have to make his base pay at least $5,000,000/year to compete with what he is currently making. This doesn't include incentives.
Pitino's salary will increase from $4.448 million for the 2015-16 fiscal year to $5.093 million in 2016-17, and then stay at that new figure through 2026. In all, the 10-year extension is worth $50.93 million in salary."
Source - http://www.courier-journal.com/stor...ck-pitinos-contract-through-2025-26/28740761/
According to this he was the third highest paid MBB coach in 2015 - http://www.paywizard.org/main/salary/vip-check/basketball-coach-salaries
In essence, we have to make his base pay at least $5,000,000/year to compete with what he is currently making. This doesn't include incentives.
