Report: Rick Pitino, St. John's agree to 6-year contract
NEW YORK -- No need for anymore speculation, Rick Pitino is heading to St. John's.
The 70-year-old two-time national champion head coach agreed to a six-year contract with the school on Monday, following a short but successful run at Iona, ESPN reported.
St. John's will introduce Pitino at a news conference at noon on Tuesday at Madison Square Garden.
ESPN Reporting with @PeteThamel: Iona’s Rick Pitino has agreed on a six-year deal to become St. John’s coach. Pitino’s taken three schools to the Final Four, won NCAA titles at Kentucky and Louisville and now makes move to restore the Red Storm to Big East prominence. pic.twitter.com/V3BQocSSdG
— Adrian Wojnarowski (@wojespn) March 20, 2023
The move puts the Hall of Fame coach back in the Big East Conference, looking to boost a storied St. John's program that's been mired in mediocrity for much of this century.
Following a successful run at nearby mid-major Iona, the 70-year-old Pitino was plucked away to replace Mike Anderson, fired March 10 after four seasons in charge of the Red Storm without making the NCAA Tournament.
Reports quickly surfaced that indicated St. John's planned to target Pitino, who grew up on Long Island not far from the school's Queens campus in New York City.
Pitino has been to seven Final Fours and won a pair of NCAA championships, one each at Kentucky (1996) and Louisville (2013).
He was dismissed at Louisville in 2017 after an FBI investigation into college basketball corruption led to allegations of NCAA violations. It was the third scandal, professional and personal, in an eight-year period with the Cardinals -- but Pitino was eventually exonerated in the FBI-related case.
Pitino has been coaching college basketball so long that he was on the opposing bench with Big East rival Providence when St. John's was a national power in the mid-1980s under Lou Carnesecca.
Now, he's tasked with invigorating a Red Storm squad that hasn't won an NCAA Tournament game -- or even reached the Big East semifinals -- since 2000. The school has made only three NCAA appearances over the past two decades, the most recent coming in 2019 under Chris Mullin.
During that time, through several conference reconfigurations, St. John's has fallen behind Big East foes with similar profiles such as Villanova, Providence and Seton Hall.
The Red Storm went 18-15 during a turbulent 2022-23 season, including 7-13 in Big East play to finish eighth in the conference standings. They blew a 14-point lead against sixth-ranked and top-seeded Marquette in the Big East Tournament quarterfinals, ending the season with a 72-70 loss in overtime that left Anderson with a 68-56 record at St. John's.
Pitino has a .740 winning percentage in 34 full seasons as a college basketball coach. He has guided five schools to the NCAA Tournament, including Boston University (1983) and Iona (2021, 2023).
He took a surprising Providence team on a memorable run to the 1987 Final Four, but the 2013 national title Pitino won at Louisville (then in the Big East) was later vacated by the NCAA after an investigation found an assistant coach paid escorts and exotic dancers to entertain players and recruits in campus dorms.
After two years coaching in Greece, he got the job at Iona - a small, private Catholic school located in New Rochelle, just north of New York City.
Pitino went 64-22 in three years with the Gaels, guiding them to two regular-season titles in the Metro Atlantic Athletic Conference and a pair of NCAA Tournament appearances. Seeded 13th this year, they led No. 4 seed UConn at halftime before getting knocked out in the first round with an 87-63 loss that snapped a 14-game winning streak.
Leading up to the game, Pitino said he hopes he can coach for 12 more years.
"But I'll take six or seven," he said.
He said it would take "a special place" for him to consider leaving Iona, but he also spoke about how much he admired St. John's president, the Rev. Brian Shanley, who previously worked at Providence.
Thank you from the bottom of my heart to @SeamusCarey13, President of Iona. Thank you to @mglovs23, the AD and to all those people who touched our lives
— Rick Pitino (@RealPitino) March 20, 2023
Pitino had two stints in the NBA, one with the New York Knicks that featured a division title and a failed stretch with the Boston Celtics that didn't produce a playoff appearance.
But in college, he's endured only one losing season (13-14 at BU in 1980-81).
And now, at a time when Hall of Fame coaching contemporaries like Mike Krzyzewski and Jim Boeheim have reached the end of their road, Pitino is going strong and getting new jobs.
St. John's has the ninth-most wins among Division I teams, with 90 winning seasons in its 116-year basketball history.
The school has reached two Final Fours (1952, 1985) and won the NIT a record six times -- including back-to-back crowns in the 1940s when that event was still often considered the country's premier postseason tournament.