The Purdue Board of Trustees approved the transactions.
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The Purdue Board of Trustees was busy this week, approving multiple proposals for the Purdue budget, changes and new construction at the brand new Purdue-Indianapolis campus, and contract extensions and raises for both men’s basketball head coach Matt Painter and women’s basketball head coach Katie Geards.
We originally saw these reported by Dave Bangert on Twitter, who does an excellent job reporting on all things Purdue, Lafayette, and West Lafayette. If you’re interested in the region, I’d highly recommend it and point out that he has a substack with even more material.
Purdue trustees extend contract for men's basketball coach Matt Painter through 2029, with base salary for 2024-25 of $4.85M, with performance-based incentives of $1.2M.
Trustees say the contract puts Painter in top 4 in expanded Big Ten. More later at https://t.co/5PiEXnTx2z pic.twitter.com/5DAj0TQWgY
— Dave Bangert (@davebangert) June 7, 2024
Purdue trustees also bump pay for women's basketball coach Katie Gearlds for 2024-25 season from $550K to $700K.
AD Mike Bobinski calls it a vote of confidence in Gearlds and where the program is heading. pic.twitter.com/n5m5wqMQCn
— Dave Bangert (@davebangert) June 7, 2024
While the tweet only states that Gearlds has received a pay bump, a little further investigating finds that Gearlds received an extension as well. The two year extension places her contract through the 2028-2029 season. This is the old Morgan Burke approach, probably other places as well, to head coaching contracts. You always want to have four years on the contract so that you can tell recruits you’ll be there their entire four years. It was what Burke always focused on with both his football and basketball coaches during his tenure at Purdue.
