Porter Morter isn't going anywhere.
After reports circulated that St. John's offered him a long-term contract worth north of $2 million per year, the 50-year-old head coach has decided instead to stay at Loyola. He's led the Ramblers to three 20-win seasons in the past five years, and guided the program in 2018 to their first Final Four appearance since 1963 — a span of 55 years.
Moser released this statement on his Twitter account on Tuesday:
Dear Rambler Nation,
I know there have been a lot of things swirling out there the past few days. Because I have coached and coached with some amazing young men, and because I have had the support of the University, friends, family, and the loyal Loyola fans; opportunities have arisen. I know that is part of the business, but it doesn't change the fact that I'm humbled, grateful, and grounded with what comes my way.
People in business say I'm crazy for passing up opportunities and the money. But what they don't know is the amazing young men I coach and the culture we have built. What they don't know are the amazing young men who are committed to come to Loyola and wear the Maroon and Gold. What they don't know are the people and friends that make up the Loyola community. And what they don't know is what makes me tick.
So what I do say to Rambler nation is ... let's keep building this culture and making a difference. Let's keep chasing championships. Let's do things better than we have ever done before.
With that said ... I'M ALL IN!
Loyola is rewarding Porter Moser for his basketball team's success this season.
Loyola and Moser have agreed to a multi-year contract extension, the team announced Wednesday. The deal is through the 2025-26 season.
"We are excited to be able to announce a new contract for Porter that will keep him at Loyola a long time," Loyola Director of Athletics 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."
That's a well-deserved extension for a head coach who led the Ramblers to a NCAA Tournament for the first time since 1985.
As the 11th seed, Loyola exceeded all expectations, shocking the world with a Final Four appearance. The Ramblers took down No. 6 Miami, No. 3 Tennessee, No. 7 Nevada, and No. 9 Kansas State before losing to No. 3 Michigan, who would go on to lose to No. 1 Villanova in the championship game.
Loyola finished the regular season with a 28-5 record and a MVC Championship.
In seven seasons, Moser has a 121-111 record with the Ramblers, though three of his last four have been winning seasons.
This year’s March Madness Cinderella team (accompanied by rising star Sister Jean) not only captured the hearts of Chicagoland and underdog supporters alike, but also Division 1 coaches, too.
Loyola University Chicago finished in the top 10 of the USA Today Coaches Poll, landing a 21 spot climb to finish in seventh place — the biggest rise the 2018 poll saw. The poll is conducted weekly with votes coming from a panel of Division 1 coaches who are all members of the National Association of Basketball Coaches.
Loyola shocked the college basketball nation as the team was only the fourth No. 11 seed in NCAA basketball history to reach the Final Four, where they were defeated March 31 by No. 3 seed University of Michigan 57-69.
Relive their memorable journey here.