Steve Pikiell is not going anywhere after Rutgers’ Board of Governors approved a four-year extension for the university’s wildly popular and successful men’s basketball coach on Friday.
for the university’s wildly popular and successful men’s basketball coach on Friday that includes terms unprecedented in athletics department history -- all in an effort to ensure Pikiell will become the program’s longest-tenured coach since World War II.
Pikiell now effectively has an eight-year, $29.5 million contract running through the 2029-30 season, according to a term sheet obtained by NJ Advance Media. The deal includes an initial $15 million buyout, which makes him virtually unattainable for any potential suitors.current salary by the end of the deal. Schiano is entering the third season of an eight-year, $32 million deal; He will make $4 million in 2027; Pikiell will make $3.
It is a significant commitment by Rutgers. It is an even greater one by Pikiell, who is signaling he plans to end his career with the Scarlet Knights as they close in on a second straight bid. The final year of the new contract would be Pikiell’s 14th season at Rutgers, pushing him past Tom Young and Donald White and behind only Frank Hill, who coached the program from 1916 to 1943.: Pikiell’s previously scheduled compensation through the 2025-26 season is unchanged. He will then receive $100,000 raises in each of the new contract years. Pikiell is also due four biannual $300,000 retention bonuses over the life of the deal.
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