Terms of the deal were not announced.
Pitino, the son of Louisville coach Rick Pitino, spent one season at Florida International, and led the Panthers to an 18-14 record and an 11-9 record in the Sun Belt Conference. It was the school's first winning season in 13 seasons. Pitino, 30, replaces Tubby Smith, who was fired last week after six seasons at the school. Smith was hired at Texas Tech on Monday. Pitino worked for his father at Louisville and also spent time Billy Donovan's staff at Florida.