Originally posted on Pro Sports Daily  |  Last updated 6/5/14
The University of Kentucky announced Thursday night it has signed basketball coach John Calipari to a new seven-year contract that will make him the second-highest paid coach in college basketball. If Calipari, 55, stays to the end of the deal, which runs out in March of 2021, he would make $52.5 million in guaranteed compensation. He made $5.2 million annually under the old deal and will average $7.5 million under the new one. "Basketball has long been the marquee sport at the University of Kentucky," athletic director Mitch Barnhart said in a news release. "It is a sport that the traditions of this university and this state have been founded on. They were developed and sort of started from the get-go by Adolph Rupp and through many good people since. What Cal has done is returned us to those glory days of Final Fours and championship efforts, great players, and all along he's helped young people understand the responsibility of going to class, of the commitment to each other and to a program that has a rich tradition as this one does. "It has long been our goal of the last three to five years that Cal enjoy this as his final stop in coaching and that he has the opportunity to finish his career at the University of Kentucky and hopefully set standards and win championships that will be remembered for many, many years to come." Calipari's new contract includes no incentives for on-court performance — his old deal was loaded with them — but he'll be rewarded richly for every year he stays with annual retention bonuses that average $2.33 million. His only other annual incentive is $50,000 for academic achievement: an APR score of 950 or higher. Calipari, who has led UK to three Final Fours, two national championship games and the 2012 title, will make $6.5 million this season, $7 million next season, $7.25 million in 2016-17, $7.75 million in 2017-18 and $8 million in each of the final three years of the deal.
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Greg Jennings: Ryan Tannehill has had his hands tied by coaches

Josh McDaniels 'happy' with Pats but wants to be a head coach again

WATCH: Jim Harbaugh in cleats throws out first pitch at Cubs game

Why Rickie Fowler will win the PGA Championship

Warren Sapp bitten on arm by shark

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Fitzpatrick, Jets agree to one-year deal

Baker considering removing Papelbon from closer role?

Greg Hardy struggling to find work, reportedly even in CFL

Jets players told not to discuss Ryan Fitzpatrick situation

Brock Lesnar won't be punished by WWE for UFC drug test

Report: Cowboys to be fined up to $250K for suspended players

Report: Ravens WR Mike Wallace failed conditioning test

WATCH: Kobe Bryant drives Ferrari around Italian racetrack

Terrelle Pryor shouts out Ohio State after ban ends

Justin Timberlake advocates for Memphis to join Big 12

Poll: Las Vegas residents don’t support public funds for NFL stadium

Conor McGregor talks trash to Nate Diaz on ‘Conan’

We asked Team USA: What other Olympic sport would you play?

Real Madrid can’t train at Norwegian school because of the kids

Newspaper uses Michael Jordan ‘crying face’ as image

Equipment manager Blake Griffin punched no longer works for Clippers

Report: Nicks signing one-year deal with Saints

Reds 'picking up the pace' on Jay Bruce trade talks

Wildcats News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

We asked Team USA: What other Olympic sport would you play?

Why Gary Bettman's CTE denial is cause for concern for NHL

WATCH: Inside the Nike SNKRS BOX in SF for Golden Air Celebration

WATCH: Five other uniforms Chris Sale should cut up

QUIZ: Name every Olympic event in which the USA has never won a gold medal

Five U.S. Olympians favored to win multiple gold medals

WATCH: What teams should join the Big 12?

One Gotta Go: Do NBA players really love NBA2K?

One Gotta Go: NBA players hate Facebook too

One Gotta Go: NBA players settle the fast food beef

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker