On Monday, Pitino gave Balckshear a major honor by naming him team captain for the 2014-15 basketball season.
"We have great confidence in Wayne moving toward his senior year," Pitino said. "I'm sure he will continue the outstanding leadership we have witnessed the last four years."
The 6-foot-5 Blackshear averaged 8.2 points, 3.1 rebounds and shot 39.5 percent from three-point range. He scored double digits in 14 games as a junior and had a career-high 23 points in a win over Houston.
Blackshear ranked sixth in the AAC in three-point percentage (.395) and buried a three-pointer in 21 of his 36 games this season.