Rick Pitino agrees to extension

Updated: October 30, 2012, 4:23 PM ET
By Dana O'Neil | ESPN.com

Rick Pitino has agreed to a five-year contract extension that will keep him pacing the Louisville sideline through the 2022 season, the university announced Tuesday.

Pitino is in his 11th season at Louisville and has compiled a 274-106 record at the school. The Cardinals, coming off a surprise Final Four run, are ranked second in the AP preseason poll.

His $3.9 million base salary remains the same, but he will earn a $600,000 retention bonus every other ...

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