John Calipari signs 10-year, $86M contract extension with Kentucky

John Calipari signs 10-year, $86M contract extension with Kentucky

Calipari will retire as head coach of Kentucky

Kentucky men’s basketball head coach John Calipari, who owns more wins, more NCAA Tournament wins, more Final Four appearances, more Elite Eight berths and more Sweet 16 showings than any other coach since his arrival at UK, has signed a new long-term contract with the school that will offer him the opportunity to end his career in Lexington.

Calipari signed the new contract Thursday. See attachment for details of the full contract.

“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. “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.”

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).

Source: UK Athletics.

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