Matt Painter staying at Purdue

Purdue head coach Matt Painter talks with guard Kelsey Barlow during the first half of their NCAA South Regional college basketball game against Duke in Houston, Texas, March 26, 2010. REUTERS/Mike Stone (UNITED STATES – Tags: SPORT BASKETBALL)

It looks like Painter’s flirtation with Missouri has paid off, per ESPN.

After talking with Missouri about its coaching vacancy, Painter decided to stay at his alma mater Wednesday and agreed to an eight-year contract through the 2018-19 season.

“I am extremely excited about continuing my career at Purdue,” Painter said in a statement. “I believe we have built something very special. At the same time, I feel we have much more ahead of us to accomplish. At the end of the day, my heart is at Purdue, and this is a place where I want to win a national championship.”

Last year, Purdue rewarded Painter with a contract through the 2016-17 season. It included a $1.3 million base salary and up to $1 million in incentives.

Terms of the new deal were not disclosed.

His current salary of $1.3 million sounds plenty healthy to me, so I looked up Bo Ryan’s contract, and he has a rolling deal that is paying him $1.25 million per season. Apparently, $1.3 million wasn’t enough for Painter, who successfully leveraged Missouri’s interest into another raise.

Not bad for a guy whose team finished the season with an 18-point loss to VCU.

Check out Midwest Sports Fans for a funny photo story featuring Painter, Purdue Pete and Brad Stevens.

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