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Fri May 4, 2012
Coach Calipari And Assistants To Receive Raises
LEXINGTON, Ky. - University of Kentucky mens basketball coach John Calipari added an NCAA championship title to his record in April – now he’s adding some dollars to his contract.
UK Athletics Director Mitch Barnhart announced today that Calipari will receive a raise amounting to an 8.3 percent increase annually in compensation from media rights and endorsements over the next seven years of his deal. The amended contract also includes a retention bonus of $1 million dollars to kick in July 31, 2015. Three other assistant coaches have also received extended contracts