Kentucky basketball coach John Calipari and football coach Mark Stoops received contract extensions from the university on Wednesday, the school announced in a statement.
Calipari’s deal will now extend through March 30, 2024. Calipari will receive $7.75 million next season, before earning $8 million a year for the remainder of his contract. For Stoops, the contract will run through June 30, 2022 with $3.5 million a season.
Athletics Director Mitch Barnhart praised both coaches for their success in their respective sports.
“John has achieved consistent championship-level performance at Kentucky,” Barnhart said. “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.
“The last four years have been a grind for Mark and his staff, but he has never wavered in his commitment to building Kentucky football into a consistent winner. While the work isn’t close to finished, we believe Mark is the coach to take us there. We are thankful to Mark and Chantel for all they have done to this point and we look forward to our program’s bright future under his leadership.”
It pays to succeed.
While the football program is currently preparing for spring practice, the basketball team is getting ready for a Sweet 16 clash with UCLA on Friday night.