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Steve Pikiell receives four year contract extension

On Friday, the Board of Governors approved a four year contract extension for Rutgers men’s basketball head coach Steve Pikiell. It was first reported by Jerry Carino here and James Kratch here.

It is a four year extension which secures Pikiell through the 2029-2030 season. A key figure is the buyout being reset to $15 million through the end of next season. This is a tremendous commitment by Rutgers and ensures Pikiell remains at Rutgers for the long term. As I wrote when news of the extension first broke, the university and athletic department are demonstrating an unprecedented level of commitment to being successful across all sports based on this and several other recent developments.