Keith Sargeant of NJ Advance Media had first reported earlier this week that Rutgers men’s basketball head coach Steve Pikiell was set to receive a two-year contract extension, pending approval from the Board of Governors. It was made official on Friday afternoon and his contract runs through the 2025-2026 season. His guaranteed compensation is $20 million, plus performance and retention bonuses.
The annual salary breakdown is as follows:
2019-20: $1.7 million
2020-21: $2.2 million
2021-22: $2.6 million
2022-23: $3 million
2023-24: $3.