Pitino agrees to extend contract
LOUISVILLE, Ky. — Louisville and coach Rick Pitino agreed in principle to a four-year contract extension yesterday that will keep him on the sideline through the 2016-17 season.
Pitino hopes the extension ends what he called unfounded speculation that he's considering leaving the Cardinals in pursuit of another job.
"My moving days have long been over," Pitino said. "I've been here nine years. It feels like nine days. Now I'm going to be able to end this career at the place I want to end it at."
Financial details have yet to be worked out, and the deal needs to be approved by the university's athletic association.
Pitino's current contract runs through 2013 and pays him around $2.5 million annually. Athletic director Tom Jurich said his goal is to make Pitino's new salary competitive with the top coaches in the country.
Pitino is 220-86 at Louisville and 572-210 in 24 seasons at the collegiate level. He's the only men's coach to lead three different programs to the Final Four.
DIXON STAYING PUT
Pittsburgh basketball coach Jamie Dixon signed a two-year contract extension, ending any speculation he might leave the Panthers for a higher-paying job.
Dixon was already signed through the 2015-16 season, at a salary of about $1.6 million per season.
"I know how good I've got it at Pitt," Dixon said. "I'm not going anywhere. This is where I want to be, and this is where I always hoped to be. I'm happy to be at Pitt. I'm the luckiest guy in the world, and I recognize it every day."
Dixon has a 188-54 record in seven seasons and the Panthers have made the NCAA tournament every season under him.
George Mason: Signed coach Jim Larranaga to a contract extension through 2015-16.
Hofstra: Tim Welsh, who spent the past two seasons with ESPNU, was hired as new coach.
Holy Cross: Fired coach Sean Kearney after a 9-22 record in his first season.
Penn: Named Jerome Allen as new coach after serving as interim coach last season.
St. John's: Named Steve Lavin, who's been out of coaching seven years, new coach.
Seton Hall: Introduced Kevin Willard as new men's coach, and Anne Donovan as new women's coach.