Calipari receives contract extension from UK

THE LEXINGTON HERALD LEADER REPORTS KENTUCKY BASKETBALL COACH JOHN CALIPARI HAS RECEIVED A TWO YEAR EXTENSION ON HIS CONTRACT TODAY.  THE NEW DEAL CALLS FOR CALIPARI TO MAKE UP TO FIVE POINT 75 MILLION DOLLARS ANNUALLY BY THE 2018-19 SEASON.

CALIPARI RECEIVED AN EIGHT YEAR CONTRACT WORTH A TOTAL OF 36 AND A HALF MILLION DOLLARS AND THE OPPORTUNITY TO EARN UP TO 850-THOUSAND DOLLARS IN INCENTIVES FOR NCAA AND SOUTHEASTERN CONFERENCE TOURNAMENT WINS AND CHAMPIONSHIPS.  THE NEW DEAL ALSO GIVES CALIPARI MONIES FOR UNIVERSITY BROADCASTING AND ENDORSEMENT AGREEMENTS.

CALIPARI LED KENTUCKY TO ITS FIRST FINAL FOUR APPEARANCE IN MORE THAN A DECADE THIS PAST SEASON.  THE NEW CONTRACT EXPIRES IN 2019.