New Louisville deal to pay Petrino $25.5M over 10 years

Updated: July 14, 2006, 10:36 AM ET
By Pat Forde | ESPN.com

The University of Louisville and Bobby Petrino have agreed on a lucrative new 10-year contract -- a deal the Cardinals hope will end the now-annual wooing of their football coach.

Petrino will receive an immediate raise from $1 million a year to $1.6 million, and his salary will steadily escalate throughout the length of the contract. By 2010 he is slated to earn $2 million, putting him into an elite category of coaches -- believed to be 14 currently -- at that plateau.

At the ...

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