West Virginia AD Oliver Luck gets contract extension

West Virginia athletic director Oliver Luck (seen here with his son, Indianapolis Colts quarterback Andrew Luck) received a five-year extension from the school. (Bob Levey/Getty Images)

West Virginia athletic director Oliver Luck received a five-year contract extension on Friday, keeping him at the school until 2017, the school announced.

“Oliver Luck is a true leader. He has brought stability, momentum and energy to his position. He is someone we want on our team for many more years to come,” West Virginia University President Jim Clements said.

Under the agreement, Luck’s annualized salary will be $550,000, with a maximum performance bonus capped at $150,000 per year. He will also receive retention incentives for fulfilling terms in the contract.

Luck is currently in the third year of a five-year contract that he signed in June 2010.

“I appreciate the confidence that President Clements has placed in me and the entire athletic department team,” Luck said. “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.”