Scout/Jeff Drummond

John Calipari, Mark Stoops sign two-year extensions with Kentucky Wildcats

Deals will extend Stoops through 2022, Calipari through 2024.

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 deals and retention bonuses, will be $7.75 million for the 2017-18 season and $8 million for each season thereafter. The lone incentive clause in the deal is for Academic Progress Rate (APR), set for $50,000 if the figure is between 950 and 975. The Cats had a perfect 1,000 APR for the last period measured by the NCAA in 2014-15.

“John has achieved consistent championship-level performance at Kentucky,” Barnhart said in a statement released by UK. “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 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.”

Should UK terminate the agreement for convenience, Calipari will be due $5 million per year remaining on the contract.

The amendment to Stoops’ contract extends his deal from June 30, 2020 to June 30, 2022. Stoops’ contract provides for total guaranteed compensation of $3.5 million for the current year. The total increases $250,000 in each successive year. Incentives include the same APR bonus as the Calipari deal, an automatic one-year extension opportunity if the Cats win more than seven games and a two-year extension for 10 or more wins.

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 great commitment.”

Should UK terminate the agreement for convenience, UK will pay Stoops 75 percent of the remaining guaranteed compensation on the contract. Should Stoops terminate for convenience, he will pay $1 million to UK.


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