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Rick Pitino-Net Worth, Bio, Wife, Children, Property, Coach, House

tp-admin Published On Sun May 09 2021   Modified On Sun May 09 2021
Rick Pitino-Net Worth, Bio, Wife, Children, Property, Coach, House

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    Body and Relation Status of Rick Pitino-Net Worth, Bio, Wife, Children, Property, Coach, House

    Rick Pitino is one of the accomplished basketball coaches with a vast experience in the field. Currently serves as a head coach of Iona College and Greece's senior national team, Pitino also previously worked for many established teams in NCAA Division I and in the NBA including Boston University (1978–1983), Providence College (1985–1987), the New York Knicks (1987–1989), the University of Kentucky (1989–1997), and the University of Louisville (2001–2017).  

    Under his coaching, Pitino also led Kentucky to the 1996 NCAA championship and Cardinals to the 2013 NCAA Men's Division I Basketball Championship.  

    He also became the only men's coach in NCAA history to lead three different schools (Providence, Kentucky, and Louisville) to a Final Four. 

    Rick Pitino-Net Worth And Salary Details

    Rick Pitino's net worth as per Celebrity Net Worth is around $45 million, as of 2020.  

    The aforementioned massive figure of the wealth, Rick has collected from his coaching career lonely. 

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    As of 2020, Rick Pitino is paid $7.7 million a year as a head coach of the Iona College. He also has held the post in many other prominent basketball teams. The exclusive details of his salary are mentioned below, 

    Team YearSalary and earning as a head coach 
    Louisville Cardinals2001$2,200,000
    Louisville Cardinals2010$2,250,000
    Louisville Cardinals2011$8,900,000
    Louisville Cardinals2012$2,500,000

    Sold His Miami Beach House For $17 Million  

    Rick Pitino first listed his Miami Beach mansion on the market with an asking price of $25.9 million in 2016. But, after a series of price chops and some tine on and off the market, the house just sold for $17 million in April 2020.

    Property record show, the coach bought the property back in 1999 for $5.4 million. The 1.23 acres area includes 9,709 square feet of living space featuring an eight-bedroom, chef’s kitchen, and a large family room.

    Other major highlights of the estate are 118 feet of water frontage, a tropical backyard, outdoor kitchen, and a large boat dock with lifts.  

    Other Property Records 

    Rick also sold his Louisville home for $1.9 million to Scott Catlett, an Yum Brands executive in late 2017. 

    In 2018, Pitino also took his 6,000-square-foot Mediterranean-style house located in Bal Harbour for $3.3 million.  

    The coach rides $450,000 Lexus LFA.  

    Louisville Firing: Nearly Lost $55 Million 

    On September 26, 2017, federal prosecutors announced that the University of Louisville was under investigation for alleged involvement in college basketball corruption. 

    A day later, Rick Pitino was put on unpaid administrative leave from his coaching job. As a result, the University of Louisville Athletic Association voted two times to fire him for the cause. If Rick would be fired for cause, he will lose $55 million in future contract compensation. 

    On September 18, 2019, the case was dismissed. 

    Short-Bio Of Rick Pitino

    Rick Pitino was born on September 18, 1952, in New York City. He grew up in Bayville, New York. He attended the St. Dominic High School and also became its basketball team captain. 

    Upon schooling, Pitino went on to enrolled at the University of Massachusetts Amherst. 

    Talking about his love life, Rick Pitino is happily married to Joanne Minardi. The couple tied the knot on 3rd April 1976.  

    The couple has five children now, four daughters Michael Pitino, Richard Pitino, Ryan Pitino, and Jacqueline Pitino and a son Christopher Pitino.

    They also had a son named Daniel Pitino died in 1987 when he was just six months from congenital heart failure. After his demise, the two established the Daniel Pitino Foundation in his memory. The foundation has collected millions of dollars for indigent children.