Rick Pitino Net Worth: Career & Lifestyle

One of the most brilliant minds in American Basketball coaching Rick Pitino net worth is $45 million. 

Rick Pitino is the head coach for Iona College.

He also serves as the senior national team coach for Greece.

With the help of the team, he became even more popular as one of the most influential coaches.

Rick Pitino is the very first head coach to win a men’s National Collegiate Athletic Association championship (NCAA).

Rick-Pitino
Rick Pitino(source: Pinterest)

From 2001 to 2017, he served as the head coach at the University of Louisville.

Pinto has led many NCAA Division I and NBA teams, including Boston University, Providence College, and the New York Knicks.

Furthermore, his popular teams were also the University of Kentucky, the Boston Celtics, the University of Louisville, and Panathinaikos of the Greek Basket League and EuroLeague.

Quick Facts

Before looking into Rick Pitino’s net Worth, let’s take a look at his personal details.

Full Name Richard Andrew Pitino
Popular as Rick Pitino
Date of birth September 18, 1952
Place of birth New York City
Residency Florida
Age 69 Years Old
Nationality American
Ethnicity white
Religion Christianity
Gender Male
Sexuality Straight
Horoscope Virgo
Marital status Married
Wife Joanne Minardi
Children Jacqueline Pitino, Ryan Pitino, Michael Pitino

, ​Richard Pitino, Daniel Pitino, Christopher Pitino

Weight 75 kg
Height 6 feet 0 inches
Hair Color Brown
Eye Color Brown
Education  Bachelor of Arts degree in history
Profession Coach basketball Player
Awards SEC Coach of the year

Best Coach Espy Award

NABC NCCA Division I Coach of the year

Social media Twitter
Net worth $45 Million
Last Update July, 2022

Rick Pitino Net worth and Income

Rick Pitino Net Worth

As of July, 2022, brilliant coach Rick Pitino’s net worth is $45 million.

New york post reports that the 67-year-old is returning to the United States after agreeing to a five-year deal at little less than Cluess’ $1.1 million per year in Mar 2020.

Rick has also invested in several bluechip stocks.

Rick with a Championship Title
Rick with a Championship Title (source: espn.com)

It is believed that our favorite coach also earns a significant amount of money from these investments.

Furthermore, Rick Pinito also has several books published to his name.

The revenue generated from it also helps Rick Pitino to add important numbers to his already massive fortune.

The lavish style clearly depicts Rick Pitino’s net worth, and he does not hesitate to share his material happiness with his well-wishers.

Rick Pitino Income

According to USA Today, in March of 2019, he earned $2,188,141, making him one of the highest-earning coaches.

In addition, the coach got $5,057,000 in 2018 and $7,769,200 in 2017.

Pitino’s salary increased from $4.448 million in the 2015-16 fiscal year to $5.093 million in the 2016-17 fiscal year and will remain at that level until 2026.

The 10-year contract is for a total of $50.93 million in compensation.

Starting in 2017, $7.5 million in retention incentives will be paid out every three years.

Furthermore, for each tournament that he wins, he gets a massive $500,00 bonus.

We can clearly see how all of these have added to Rick Pitino’s net worth.

Rick Pitino Net Worth in Different Currencies

Let’s look into Rick Pitino’s net worth in different currencies, including the cryptocurrency BitCoin.

Currency Net Worth
Euro € 37,941,570
Pound Sterling £ 32,513,220
Australian Dollar A$ 60,173,685
Canadian Dollar C$ 56,149,650
Indian Rupee ₹ 3,355,337,835
BitCoin ฿ 1,339.24

Rick Pitino House, and Cars

Rick Pitino House

The wealthiest coach also has a range of luxurious mansions.

Let’s explore some of them.

Miami Mansion

Rick Pitino owned a million-dollar mansion in Miami, Florida.

He paid $5.4 million for the mansion in 1999.

However, this opulent 12,000 square foot Miami mansion was listed for $29 million in November 2017.

Rick-Pitino-Miami-mansion
Rick Pitino Miami mansion(source: Pinterest)

But he lowered the price to $26 million a month later.

In April 2020, he finally sold the house for $17 million.

He has clarified that he did not sell his mansion in any hurry.

Although Pitino was waiting for a more generous price, he finally sold his house to a near friend.

Florida

After selling Miami Mansion, the coach dipped his interest in Florida Mansion.

Pitino paid $1.38 million for this Florida residence in 2018.

Rick-Pitino-Florida-mansion
Rick mansion at Florida (source: Pinterest)

He may be able to eke out a small profit now, two years later.

For $1.55 million, the college basketball legend is selling a waterfront home in Fort Lauderdale, Florida.

He listed the house just months after the coach was hired by Iona College in New Rochelle, NY, to revitalize the Gaels’ basketball program.

Rick Pitino Cars

It seems like Pitino’s wealth and fortune appear to be skyrocketing rapidly.

Pitino often shares pictures of his car garage, where we can see some top-class and luxurious cars on display.

Currently, he drives a Lexus, which costs roughly the same as a mansion.

Rick-Pitino-car
Rick Pitino Lexus(source: Pinterest)

Lexus vehicles are sold in more than 70 countries and territories worldwide.

For this beast, the coach paid $450,000.

He proudly flaunts his cars whenever he goes out with his family and friends.

Rick Pitino Lifestyle and Vacations

Rick Pitino has an astonishing and charismatic lifestyle.

Pitino lives a disciplined and healthy lifestyle.

Similarly, the popular coach has a strict daily routine, and he makes sure that his morning time is utilized to the fullest.

His books often preach about the perks of getting up early. His fans and supporters can definitely learn life lessons from his simple and yet powerful lifestyle.

Pitino, the most popular coach, married Joanne Minardi in 1976.

The couple has five children Michael, Christopher, Richard, Ryan, and Jacqueline.

Richard, their son, is currently the head coach in New Mexico.

Pitino’s attitude towards life is clearly seen in his vacation choices.

Moreover, he likes to share good times with his family and make memories of a lifetime.

Pitino with his friends in Bahamas capturing 80 pound Marlin
Pitino with his friends in the Bahamas capturing 80 pounds Marlin (source: sports.yahoo.com)

However, he does not want any disturbances during his holidays.

Therefore, Pitino’s often makes secret trips to Italy, Spain, France, and New Zealand. 

Rick Pitino Charity

The coach has created a special place in his life for philanthropy.

This man is quite connected to charities and donations.

Pitino and his wife, Joanne, established the Daniel Pitino Foundation in honor of their 6-month-old son, Daniel.

In 1987, their beloved son died of a congenital heart condition.

Pitino and his friends at Danial Pitino Foundation Golf Tournament
Pitino and his friends at Danial Pitino Foundation Golf Tournament (source: louisville.edu)

Funding for research into SCN8A, an epileptic disorder, providing cardiac treatment for over 5000 youngsters, and his annual Charity Golf Tournament are just a few of their endeavors.

Among many other things, the Daniel Pitino Foundation aims at helping underprivileged children.

The foundation has helped children in need by raising millions of dollars.

Rick Pitino Endorsements & Book Publications

Rick Pitino Endorsements

Pitino was so popular that big brands often approached him to endorse their brands.

Rick is equally a business-minded individual. Therefore if he thinks the deal is good enough, he goes for it without any hesitation.

Guitar Hero

Rick Pitino and his other coach friends’ commercial with guitar hero garnered much attention in its days.

The group was portrayed as Guitar Hero: Metallica Coaches. The name was associated with one of the most popular bands ever to have stepped in heavy metal history, Metallica.

Rick Pitino Guitar Hero ad
Rick Pitino and Co in a  Guitar Hero ad (source: youtube.com)

Pitino clearly made a significant amount of money from his association with Guitar Hero.

Taco Bell

When Bobby Knight was already at Indiana, Rick Pitino was guiding Kentucky to a national championship.

In the meantime, John Thompson Jr was nearing the conclusion of his career at Georgetown.

This three hall of Famer coaches came together to record a Taco Bell advertisement, which was a smash hit.

Taco Bell commercials were always huge. Therefore, it was already clear how much fortune this deal would have added to Rick Pitino’s net worth.

Rick Pitino Book Publications

Pitino is the author of Success is a Choice, which is a motivational self-help book.

In 1988, he published Born to Coach, an autobiography that detailed his life until his time with the Knicks.

Rebound rules The art of Success 2.0
Rebound rules The art of Success 2.0 (source: pinterest.com)

His most latter book, Rebound Rules, was the best-seller at the 2008 Kentucky Book Fair.

Well, Pitino surely earns a huge amount of money from his book sales and revenues.

Rick Pitino Career

In 1974, Rick Pitino began his coaching career as a graduate assistant at the University of Hawaii, and in 1975, later on, he was promoted to full-time assistant.

Rick Pitino has won two national titles in his career.

This speaks the volume of his achievements as a head coach.

He guided three colleges to the Final Four and won 664 games as a result of his accomplishment.

As a head coach of the Boston Celtics, he had famously won against Micheal Jordan‘s Chicago Bulls in the first game.

Pitino’s first head coaching position came in 1978 when he was hired at Boston University.

The team had won just 17 games in the two seasons preceding his arrival.

Pitino guided the team to their first NCAA tournament appearance in 24 years.

Likewise, Pitino has also coached at Providence College, the University of Kentucky, and Louisville.

He was designated head coach of the New York Knicks on July 14, 1987.

Pitino has also been involved in Thoroughbred horse racing as the lead partner in Celtic Pride Stable and the Ol Memorial Stable.

3 Facts about Rick Pitino

  • Rick Pitino has stated that he would want to assist a young squad in their growth.
  • Coach Pitino graduated from the University of Massachusetts Amherst with a bachelor’s degree in 1974.
  • Rick has a high degree of self-confidence, and he is careless with other people’s opinions if he is right.

FAQs

Who is the most outstanding player Pitino has coached?

Pitino is the most outstanding and honorable coach. Everyone he has ever coached has been exceptional.

However, Tony Delk from the Kentucky squad is consistently rated first.

YES!! Richard Pinito is the son of the legendary coach. Richard is also a head coach of New Mexico’s Basketball team.

How successful was Rick Pinito with New York Nicks?

Pinito was hugely successful as coach of New York Nicks. On July 14, 1987, Pitino was named head coach of the New York Knicks.

The club had only won 24 games the year before he joined.

Within two years, Pitino guided the Knicks to their first division title in nearly two decades. On May 30, 1989, he left the Knicks.

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