Calipari taking Kentucky job
Posted: Tue Mar 31, 2009 5:32 pm
After over a day of deliberation, John Calipari is headed to Kentucky.
The coach sent a text message to ESPN.com's Andy Katz on Tuesday evening saying, "I am accepting the UK job! Go Big Blue, coach Cal."
A source told Katz that Calipari will receive an eight-year, $35 million deal. He gets a $2.5 million signing bonus and $3 million per year for the first four years. In Years 5, 6, 7 and 8, Calipari will get an additional $1.5 million per year, so for the last four years of the contract his salary would be $4.5 million. Incentives push the deal up a few more million to get to the $35 million mark.
The contract is the richest in college basketball.
"Why did he wait so long?" said former Calipari assistant Bruiser Flint, the head coach at Drexel. "He said he didn't have to take the job. He's 50 years old. He felt good at Memphis. It was a good place for him. But at the end of the day, it's Kentucky."
The move was first reported by the Memphis Commercial Appeal and confirmed by ESPN's Dick Vitale.
http://sports.espn.go.com/ncb/news/story?id=4031573
The coach sent a text message to ESPN.com's Andy Katz on Tuesday evening saying, "I am accepting the UK job! Go Big Blue, coach Cal."
A source told Katz that Calipari will receive an eight-year, $35 million deal. He gets a $2.5 million signing bonus and $3 million per year for the first four years. In Years 5, 6, 7 and 8, Calipari will get an additional $1.5 million per year, so for the last four years of the contract his salary would be $4.5 million. Incentives push the deal up a few more million to get to the $35 million mark.
The contract is the richest in college basketball.
"Why did he wait so long?" said former Calipari assistant Bruiser Flint, the head coach at Drexel. "He said he didn't have to take the job. He's 50 years old. He felt good at Memphis. It was a good place for him. But at the end of the day, it's Kentucky."
The move was first reported by the Memphis Commercial Appeal and confirmed by ESPN's Dick Vitale.
http://sports.espn.go.com/ncb/news/story?id=4031573