LOUISVILLE, Ky. -- Louisville's athletic board executive committee has approved a new contract for men's basketball interim coach Mike Pegues that includes a guaranteed bonus of $340,000 and other incentives.
The University of Louisville Athletic Association executive board approved the proposed bonus package in a special meeting on Tuesday. Pegues, whose interim status won't change, took over the Cardinals for the second time last Wednesday after coach Chris Mack and the school agreed to part ways.
Pegues guided Louisville (11-10, 5-6 Atlantic Coast Conference) to a 5-1 start while Mack was suspended and began his second stint with a 74-65 loss to No.