The news has been seeping out since yesterday night — KDKA TV mentioned it (Hat tip to Joe T.) — that Dixon was signing a long-rumored extension today. Sure enough.

Pitt will hold a news conference this morning to announce that men’s basketball Jamie Dixon has signed a contract extension. Dixon, the top earner at the university last fiscal year with a salary of nearly $1.3 million, had been signed through the 2012-13 season.

Details of the extension were not immediately known.

Now, the Pitt site has this:

Pitt Athletic Director Steve Pederson will hold a press conference for an important men’s basketball related announcement on Thursday, Sept. 25 at 11 a.m.

The press conference will be streamed live and free on the site. Warning, the “All-Access” that Pitt uses from CSTV only works in Explorer. Firefox gets rejected.