Matt Painter will remain at Purdue instead of going to Missouri.
After meeting with Missouri officials Wednesday in Florida about their coaching vacancy, Painter ultimately signed a new eight-year contract with Purdue through the 2018-19 season.
Painter, 40, previously earned $1.3 million annually and made $1.9 million this year with incentives, according to The Indianapolis Star.
Missouri’s offer was more than $2 million per year, the paper reported.
Terms of the contract were not disclosed.
“We are thrilled to announce that Matt will continue his leadership of our men’s basketball program at his alma mater,” athletics director Morgan Burke said. “He has been at the helm of the winningest four-year period in the storied history of Boilermaker basketball, and we pledge to work with him to win championships.”
Purdue is one of eight programs in the nation to win at least 25 games each of the last four seasons. The Boilermakers’ 107 victories from 2008 to 2011 are the most in school history.
Said Painter: “I am extremely excited about continuing my career at Purdue. I believe we have built something very special. At the same time, I feel we have much more ahead of us to accomplish.
“There’s a lot to be excited about right now with Purdue basketball. We are moving into our new offices and locker room complex over the next couple of weeks. Our program is built on hard work, and we are ready to get back to improving as a team and a staff.”
“At the end of the day, my heart is at Purdue, and this is a place where I want to win a national championship.”
Painter is in Florida and will return to campus later today or tomorrow.
