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John Calipari gets contract extension

Updated: June 27, 2011, 8:34 AM ET
By Andy Katz | ESPN.com

Kentucky has announced a two-year contract extension for men's basketball coach John Calipari.

Calipari's previous contract was $31.65 million for eight years. The new deal is worth $36.5 million with the opportunity to earn performance-based incentives.

This latest contract improvement is another indicator that Calipari will stay with Kentucky instead of going to the NBA as he has been speculated to do so since arriving in Lexington. NBA teams aren't paying salaries in this ...

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