The University of Louisville has announced a 10-year contract extension for Dan McDonnell. U of L athletic director Tom Jurich announced the 10-year, $10.6 million contract extension on Wednesday.
The extension makes McDonnell the highest-paid college baseball coach in the country. The deal runs through 2026 and will pay him $1 million annually, not including bonuses.
"Whew," McDonnell said with tears in his eyes. "In my first six years of coaching college baseball, my salary was $16,000."
Jurich said on Sunday that he would "go down fighting" for McDonnell, whose name had come up in relation to several jobs, including Texas. Well, only took one swing for Jurich to end any speculation.
"This is where my heart is," McDonnell said.
The base salary is $1 million annually, with a loyalty bonus of $150,000 if he remains coach through June of 2017 and another June of 2020. According to several sources, the base salary is only the second seven-figure base in college baseball. The first belong to Texas coach Augie Garrido, who resigned earlier this week.
"I wouldn't say this with him in the room, but I still think he's underpaid," Jurich said of McDonnell.
In his first 10 years at U of L, McDonnell has guided the Cardinals to the NCAA Tournament nine times and the Cardinals have made it to a Super Regional five times. U of L has been to the College World Series three times.
McDonnell has a 453-189 record and the Cardinals are the No. 2 seed in the NCAA Tournament that starts on Friday.