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Arkansas hires John Calipari: Ex-Kentucky coach agrees to five-year cope with wage beginning at $7 million

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Arkansas has employed Corridor of Fame coach John Calipari, who introduced Tuesday in a video posted to social media that he was stepping away from Kentucky after 15 seasons with this system. Calipari replaces Eric Musselman, who made a stunning transfer of his personal from the Razorbacks to USC. 

Calipari’s contract is for 5 years and begins at $7 million per season, per Arkansas, and includes a most of two computerized rollover years for NCAA Event appearances that might prolong him via 2031. Incentives embody a $1 million signing bonus, $500,000 retention bonuses yearly, and extra bonuses for making the NCAA Event and advancing via every spherical. 

“As I visited with Coach Calipari throughout this course of, he acknowledged the super alternative we’ve on the College of Arkansas to draw and retain prime gamers and compete for championships,” Arkansas athletic director Hunter Yurachek stated in an announcement. “He understands the deep ardour of the Razorback Nation and has skilled the super dwelling courtroom benefit of Bud Walton Area. I’ve little doubt that beneath Coach Calipari’s management and with the collective help of all those that love the Hogs, Razorback Basketball will proceed to keep up its nationwide prominence inside school basketball.”

Calipari stated in a video assertion Tuesday that he felt it was time to “fully” detach from the Wildcats program for one more alternative — presumably, on the time, with the Razorbacks. 

“The previous few weeks, we’ve come to understand this program most likely wants to listen to one other voice,” Calipari stated. “That the college as an entire has to have one other voice giving steering about this program. The followers want to listen to one other voice. We predict it is time for us to step away and step away fully from this system. There have been alternatives offered to us and we’re discussing them as a household.”

Kentucky athletic director Mitch Barnhart  additionally launched an announcement on social media, simply minutes after Calipari posted his video to social media,

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“We’re appreciative of John Calipari main our program for the final 15 years, including to the legacy of championship success at  Kentucky,” Barnhart’s assertion learn. “We’re grateful to John for his many contributions to the College, and our state, each on and off the courtroom. We’re working diligently to rent a confirmed, extremely devoted coach who embraces the significance of this program to our followers and the state of Kentucky.”

Calipari spent the previous 15 seasons because the chief of the Wildcats program. If he accepts Arkansas’ reported provide, he would stay within the SEC to succeed Eric Musselman, who took the vacant job at USC earlier this month. 

The 65-year-old Calipari took the job at Kentucky in 2009 after spending 9 seasons at Memphis. Calipari beforehand had stops as an assistant coach at Kansas (1982-85) and Pittsburgh (1985-88) and was the pinnacle coach at UMass from 1988-96. Calipari dipped his toes into the NBA world, teaching the New Jersey Nets (now the Brooklyn Nets) from 1996-99 and spending one season as an assistant for the Philadelphia 76ers in the course of the 1999-2000 season. 

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