Arkansas has hired John Calipari as men's basketball coach, paying $7 million per season over five years -- $1.5 million less than the Hall of Famer made at Kentucky.
Calipari signed a five-year contract starting at $7 million per season -- less than the $8.5 million he was making with the Wildcats. The deal, announced Wednesday, includes a $1 million signing bonus and $500,000 retention bonuses each year of the contract, plus incentives for making the NCAA tournament and advancing deep into the tournament. There are also two automatic rollover years for NCAA tournament appearances that would extend the deal to 2031.
"By all accounts, John Calipari is one of the premier coaches in college basketball," athletic director Hunter Yurachek said."A national championship coach, a four-time national coach of the year and one of the nation's top recruiters, Coach Cal has consistently demonstrated his ability to attract outstanding talent and build championship teams within the Southeastern Conference and position his programs among the best in the nation.
"As I visited with Coach Calipari during this process, he acknowledged the tremendous opportunity we have at the University of Arkansas to attract and retain top players and compete for championships. He understands the deep passion of the Razorback Nation and has experienced the tremendous home court advantage of Bud Walton Arena.
He established the Wildcats as a recruiting powerhouse, routinely landing top-ranked recruiting classes and sending players to the NBA draft lottery. He produced 35 first-round NBA draft picks during his time at Kentucky.for nine seasons.
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