LOUISVILLE, KY (WAVE) - Louisville football coach Bobby Petrino got some good news before the holidays. He's going to get a $500,000 bonus, according to a report.
The compliance arm of UofL's athletic department ruled that the football team's NCAA Academic Progress Rate is good enough to qualify Petrino for the bonus, USA Today reported Monday.
In order to be eligible to participate in a postseason bowl game, Louisville's football team must maintain an APR of at least 930, as determined by the NCAA. The requirement is actually 935 for Petrino to cash in on the bonus.
Official APR numbers have not yet been released, but the school is confident that it will be at least 935, athletics spokesman Kenny Klein told USA Today.
"While the final APR figure is still in draft form until any possible adjustments are made and confirmed in its release by the NCAA, we have determined that it will exceed the threshold in coach Petrino's contract and he is entitled to the $500,000," he told the paper Monday.
At 7-3, the Cardinals are bowl eligible with two games still remaining, meaning Petrino should cash in on another one of his incentives.
Louisville is off Saturday but visits Notre Dame on Nov. 22 before closing its regular season at home against Kentucky on Nov. 29.