All rumors of John Calipari leaving Kentucky for the NBA or another college gig can be put to rest.
Thursday, the University of Kentucky announced coach Calipari signed a lifetime deal worth $86 million. His base salary will be $400,000 per season from the university.
After six seasons, Calipari will have the option to step down as head coach and become a special assistant to the athletics director/university representative. This position would pay him $950,000.
The only incentive included in Calipari’s new contract remains the performance of the men’s basketball team in the Academic Progress Rate.