The extension adds five years to Pitino’s current deal and runs through 2022. Athletic Director Tom Jurich and the coach are working on final contract language and terms.

ULAA also authorized new artificial turf at Papa John’s Cardinal Stadium and Patterson Stadium to be installed next year, and resurfacing of the track for the men’s and women’s track and field teams in 2014. The total estimated cost of the three projects is $2.35 million, according to Sr. Assoc. Athletic Director Kevin Miller.

The ULAA board also approved the FY 2012 audited financial statements. The statements show UofL athletics had net assets of $117 million and operating expenses of $72.3 million at the end of June. They also show 83 percent of total revenues coming from basketball and football ticket sales.

“It’s a fairly strong and favorable balance sheet,” said UofL Vice President for Finance Mike Curtin.

Mark Hebert
Following a 28-year career as a radio and television reporter, Mark Hebert joined the University of Louisville as the Director of Media Relations in 2009, serving as the main spokesperson. In 2015, Mark was named Director of Programming and Production. He’s now producing and hosting a radio show about “all things UofL”, overseeing the university’s video and TV productions and promoting UofL’s research operation. Mark is best known for his 22 years as the political and investigative reporter for WHAS-TV in Louisville where he won numerous awards for breaking stories, exposing corruption and objectively covering Kentucky politics. In 2014, Mark was inducted into the Kentucky Journalism Hall of Fame.