A trip to the Final Four might prove significantly lucrative to Loyola-Chicago coach Porter Moser.
The Ramblers announced Wednesday that they reached a new contract agreement with Moser that will extend his deal through 2026 with what the Chicago Tribune called a “hefty raise” on his $420,000 per year salary, citing an anonymous source.
“As I have said many times before, I am a Catholic kid from Chicago who played in the Missouri Valley Conference,” Moser said in a statement released by the school. “This is the trifecta for me. We have invested so much time and energy in this program and I’m beyond excited to continue the journey. Watching Chicago as well as Loyola students, alumni and fans get excited for this team was exactly the vision we had when we took over the program.
“I will continue to challenge our fans to fill Gentile Arena as we did for the final home game to make it one of the best college basketball atmospheres in the country.”
The Ramblers went 32-6 last year, winning the Missouri Valley Conference regular season and tournament titles ahead of their magical run to the Final Four for the first time winning the NCAA tournament in 1963. They return three starters from the Final Four squad, including MVC player of the year Clayton Custer.
“We are excited to be able to announce a new contract for Porter that will keep him at Loyola a long time,” athletic director Steve Watson said. “He is the perfect fit for Loyola and operates his program the right way, with student-athletes who achieve excellence on the court and in the classroom and are also excellent representatives of the institution.
“We are fortunate to work at a university like Loyola, that values and has made a commitment to athletics. It is nice to reward Porter not just for an outstanding season, but also for the job he has done during his time here.”