Kentucky to Restructure Calipari’s Contract

by May 05, 2010

The Chicago Bulls may or may not be pursuing John Calipari to fill their head coaching vacancy. What is definite, though, is that Kentucky’s going to do everything in their power to entice him to stay.

According to the Courier-Journal: “As conflicting media reports surfaced Tuesday about Calipari and the vacant head coaching job in Chicago, UK athletic director Mitch Barnhart said in a release that the school hopes to keep the coach for a long time. ‘I’m extremely proud of what (he) has done in just one year as the leader of our men’s basketball program,’ Barnhart said in the release. ‘Cal has brought Kentucky men’s basketball back to its rightful place of national prominence and I’m excited about our future. We have begun initial discussions on restructuring his contract so that he’s the coach at Kentucky until he retires.’ The Wildcats went 35-3 last season, falling just short of the Final Four. He has completed just one year of an eight-year contract that pays him almost $4million per season. The Bulls fired Vinny Del Negro on Monday, and multiple media reports speculated that Calipari might be in the mix for the position.”