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SportCalipari signs new long-term contract to continue 'special chapter' at Kentucky

01:50  14 june  2019
01:50  14 june  2019 Source:   kentucky.com

Kentucky basketball: John Calipari's son may transfer from UK

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LEXINGTON, Ky. — Kentucky has agreed to a long - term contract with coach John Calipari that will allow him to finish his career with the Wildcats. Men’s basketball spokesman Eric Lindsey confirmed Monday via text to The Associated Press that the school reached a new deal with the Hall of Fame

Kentucky and head coach John Calipari agreed to a new long - term contract Monday that will ensure he finishes his coaching career in Lexington. While his name is often attached to NBA rumors, Calipari continues to deny any interest in moving to the pro level. "I'm at Kentucky having a ball

Calipari signs new long-term contract to continue 'special chapter' at Kentucky© Tim Bradbury/Getty Images North America/TNS Head coach John Calipari of the Kentucky Wildcats looks on during a practice session ahead of the 2019 NCAA Basketball Tournament Midwest Regional at Sprint Center on March 28, 2019 in Kansas City, Missouri. (Tim Bradbury/Getty Images/TNS) **FOR USE WITH THIS STORY ONLY**

LEXINGTON, Ky. - John Calipari signed a new 10-year contract on Thursday to remain head coach of the University of Kentucky men's basketball team.

The new deal, with total guaranteed compensation - which includes base salary and media/endorsement payments - is valued at $86 million over the lifetime of the contract. With a base salary of $400,000 per season from the university, Calipari will make $8 million in total compensation over the next two seasons with increases starting in 2021-22 ($8.5 million per year for four seasons) and 2025-26 ($9 million per year for four seasons).

John Calipari has 'long-term' contract with Kentucky but will still listen to other schools

John Calipari has 'long-term' contract with Kentucky but will still listen to other schools John Calipari admitted to listening to job offers but reiterated he doesn't plan to leave Kentucky. He agreed to a long-term contract after UCLA interest.

John Calipari , Kentucky ’s head coach, has agreed to sign a new long - term deal with the program, ensuring that he retires as a Wildcat. This is what @UKCoachCalipari said on tonight’s @UK_HealthCare John Calipari Show about signing a lifetime contract at Kentucky

John Calipari agreed to a lifetime contract with Kentucky on Monday, the Wildcats' head coach confirmed. Calipari discussed his deal with Kentucky on The deal also includes a promise to serve as a paid ambassador for the school after Calipari 's retirement. Calipari signed a contract extension

"One of the truly unique things about Kentucky men's basketball is its legacy of head coaches who have made their own lasting mark on this program. John is a perfect illustration of that," Athletics Director Mitch Barnhart said in a news release. "He has added a special chapter to the greatest tradition in college basketball and it's a chapter we want him to continue writing until the end of his coaching career. We are pleased to announce a new contract that will enable him to do exactly that."

UK announced the day after the 2018-19 season ended that Calipari had agreed to what amounted to a lifetime contract. Few details of the new deal were made public until Thursday afternoon, after the UK coach made the signing official.

"I want to thank the university, Dr. Eli Capilouto, Mitch Barnhart and DeWayne Peevy for approaching me with the opportunity to finish my career at Kentucky," Calipari said in the news release. "I've said from day one that this would be the gold standard and it has been for student-athletes and coaches. As I enter my 11th year, I'm reminded it took me 20 years to get an opportunity to like this. There is no other place I want to be. As I look forward, my mindset is what's next and how can we be first at it for the young people that we coach."

Visit the Lexington Herald-Leader (Lexington, Ky.) at www.kentucky.com

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