Calipari, Stoops sign 2-year extensions with Kentucky
LEXINGTON, Ky. (AP) Kentucky has signed John Calipari and Mark Stoops to two-year contract extensions, keeping Calipari as its men's basketball coach through 2024 and Stoops with the football program through 2022.
Calipari's base salary increases $500,000 to $7.75 million next season and rises to $8 million annually for each year after under the amended deal. The extension announced Wednesday includes a compensation review in June 2022 to compare it to other coaches' contracts and allows for a new amendment to be negotiated. Calipari would also be paid $5 million for each year if Kentucky terminates the contract.
Stoops, who guided the Wildcats to a 7-6 finish and their first bowl since 2010 last season, will earn $3.5 million this year with $250,000 annual increases.
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