Richard Pitino secures 6-year UNM contract

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ALBUQUERQUE, N.M. – Richard Pitino’s contract is official and all the important parties have signed on.

Overall, his 6-year deal is worth just shy of $5 million, with his first year salary set at $775,000.

After that, he will be paid $800,000 per season with numerous incentives.

His buyout goes down for every year he is the UNM head coach, starting at $2.4 million in year one and zero in year 6.