Compensation and Matt Painter and Purdue University and College Sports and Sports Business

Purdue signs Painter through 2016-17 season

April 2, 2010

Purdue coach Matt Painter has signed a new contract that will keep him leading the Boilermakers through the 2016-17 season.

Purdue announced Friday that the new contract gives Painter a $1.3 million base salary, plus up to $1 million of incentives for academic, athletic and attendance performance.

It's a hefty raise for Painter, whose old contract included $230,000 in base pay and incentives that could push total compensation past $1 million.

Painter has a 112-56 record in five seasons at Purdue. The Boilermakers went 29-6 and shared the Big Ten regular season title this year, winning two games in the NCAA tournament before a 70-57 loss to Duke in the Sweet 16.

Athletic director Morgan Burke says the basketball team has made positive strides each year under Painter and that the new contract shows a belief that "the best days for this program are yet to come."

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