On the heels of steering West Virginia's sports programs through a major transition, athletic director Oliver Luck has agreed to a contract extension through 2017.
He will earn $550,000 in salary with a performance bonus capped at $150,000 per year, according to the university, as well as retention incentives for fulfilling particular terms of the contract.
"Oliver is a good leader, a strong visionary, and has done a lot of really good things for us," university President Jim Clements said. "I'm extremely pleased."
Rumors of interest from other schools and organizations had swirled within the past year.
"And it's going to keep happening," Clements said. "The reality is, I try to build an organization with people that other schools would love to have. Oliver is going to get lots and lots of calls. My job is to keep him here and keep him happy."
Luck was in the third year of his original five-year contract that started June 9, 2010. The new, five-year agreement is effective Monday.
His first major impact on the program was hiring football coach Dana Holgorsen, who pushed the team back into the national spotlight. A year ago, Luck led the program into the Big 12 Conference and through multiple lawsuits.
According to Clements, Luck has raised more than $22.7 million for the university in the past year, the best fundraising year in the department's history. He is also overseeing facility improvements.
The athletic directors at Texas and Oklahoma are the highest paid in the Big 12, but Luck falls in the next group.
"I think he's one of the best ADs in the country, if not the best," said Clements. "Nationally, his salary is competitive."
Luck 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."