Big news from the Penn State Board of Trustees on Monday.
It was announced that they would be extending Pat Kraft’s contract until 2032.
BREAKING: Penn State’s Board of Trustees have agreed to extend the contract of athletic director Pat Kraft through 2032.
— Seth Engle (@bigsengtweets) August 26, 2024
Kraft was an almost universally praised hire when the University plucked him away from Boston College.
The deal will make Kraft $2.26 million per year.
It also include incentives for student-athletes meeting academic goals and for teams performing well.
University President Neeli Bendapudi made a statement that, “Pat is an extraordinary leader who brings valuable insight and strategic direction to Athletics and the University, with a focus on both athletic and academic success for Penn State’s more than 800 student-athletes”.
Of course, teams performing better after his arrival is a positive sign in itself, but money talks at all Division I schools and Kraft has done a great job at securing funding.
Additional areas of focus for Kraft have been nutrition and mental wellbeing services being made more available to student-athletes.
