John Calipari signed a two-year contract extension with Kentucky, the school announced on Wednesday.
The two-year deal runs through 2024 and calls for Calipari to make $8 million a year after next season. He will make $7.75 million next season.
“John has achieved consistent championship-level performance at Kentucky,” Kentucky athletic director Mitch Barnhart said in a staement. “No one in America is better suited for everything that comes with being the coach here. Not only has he attained incredible success on the court, he is also a leader in our community and in college basketball. We have been blessed to have him and Ellen here for the last eight years and we are blessed they will continue to call Kentucky home.”
Calipari, whose Wildcats will face UCLA in the Sweet 16 on Friday, is looking to continue his “terrific ride.”
“The last eight years at the University of Kentucky have been a terrific ride,” Calipari said. “This extension shows our full commitment to each other. I believe this school is the gold standard and I’m so thankful and blessed that this university has given me this opportunity at this point in my career.”
Calipari has been at Kentucky since 2009 and taken them to four Final Fours. He has won a national championship and five SEC regular season championships.
