This will be welcome news for many fans who have watched Luck hire football coach Dana Hologrsen, then lead the program out of the Big East and into the Big 12 this year.
Luck’s salary will be $550,000, with a performance bonus capped at $150,000 per year, according to a University release.
“Oliver Luck is a true leader. He has brought stability, momentum and energy to his position,” President Jim Clements said in a statement. “He is someone we want on our team for many more years to come.”
Luck could not be immediately reached.
He said, in a statement: “I appreciate the confidence that President Clements has placed in me and the entire athletic department team. We will continue to work hard as we transition into the Big 12, and will strive to represent this University and this State with the pride and passion each deserves. This is my alma mater and I am thrilled to serve her.”
Luck was in the third year of his original five-year contract that started June 9, 2010.
Clements reported that Luck has raised more than $22.7 million for the University in the last year, the best fund-raising year in the department’s history.