Kentucky gives Calipari 7-year, $52.5 million deal - WDRB 41 Louisville News

Kentucky gives Calipari 7-year, $52.5 million deal

Posted: Updated:
 LEXINGTON, Ky. (AP/WDRB) -- Kentucky has given coach John Calipari a seven-year, $52.5 million contract extension that will pay a base package of $6.5 million next season and $8 million over each of the final three seasons.

Already one of college basketball's highest-paid coaches, Calipari led the Wildcats to the 2012 NCAA championship and is coming off his third Final Four appearance, a 60-54 title-game loss to Connecticut in April. He has often been rumored as a potential coaching candidate for NBA coaching openings, most recently this spring with the Los Angeles Lakers.

Calipari quickly reiterated his happiness with Kentucky, even tweeting his commitment after Los Angeles fired Mike D'Antoni.

Here's what Calipari will make in guaranteed compensation each season:

2014-15: $6,500,000
2015-16: $7,000,000
2016-17: $7,250,000
2017-18: $7,750,000
2018-19: $8,000,000
2019-20: $8,000,000
2020-21: $8,000,000

So, Calipari will make just under $17,808.22 per day in 2014-15. 

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WDRB. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.