The leaders of Kentucky's two major revenue sports received new contract extensions on Wednesday.
Men's basketball coach John Calipari and football coach Mark Stoops will each have two years added to their current deals, UK Athletics Director Mitch Barnhart announced.
Stoops' contract will extend through 2022, while Calipari's deal will run through 2024.
Calipari's total guaranteed compensation, which includes base salary, media/endorsement
“John has achieved consistent championship-level performance at Kentucky,” Barnhart said in a statement released by
Calipari has led the Wildcats (31-5) into their sixth appearance in the NCAA Tournament's Sweet 16 during his eight seasons as head coach. UK will face UCLA on Friday night in Memphis.
“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.”
The amendment to Stoops’ contract extends his deal from June 30,
Stoops can also earn additional incentives such as $100,000 for participation in the SEC Championship Game ($200,000 to win), $200,000 for an appearance in a "New Year's Six" bowl game (Rose, Sugar, Orange, Cotton, Fiesta or Peach), $300,000 for the CFP semifinals and $400,000 for the national championship game. A national championship would earn Stoops $500,000.
“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,” Barnhart said. “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.”
Stoops is coming off a 7-6 season and UK's first bowl game appearance since 2010. The Cats tied for second place in the SEC East this season, their highest finish since the league split into divisions in 1992.
“I want to thank Dr. (Eli) Capilouto, Mitch Barnhart and the Board of Trustees for their continued support,” Stoops said. “When we came here, doing a rebuild in a challenging situation, I said that full support from everyone involved was imperative and we have always received that. We needed great commitment, we’ve had great commitment and we’re continuing to get