BREAKING: John Calipari signs seven-year extension with Wildcats, out on NBA coaching jobs?

Kentucky Wildcats head coach John Calipari has just signed a contract extension which should keep him in Lexington through the end of the decade.

According to Brian Hamilton of Sports Illustrated, along with a hefty salary bump, Calipari will receive a bonus if he remains with the program through next summer:

This deal comes on the heels of a litany of rumors surrounding a return for Calipari to the NBA head coaching ranks. Calipari coached the New Jersey Nets from 1996-99, finishing his stay with a 72-112 record after being fired by the team 20 games in to the 1998-99 season.

Back in April, NBA analyst Rex Chapman asserted that there was a "done deal" in place between Coach Cal and the Lakers - something which now seems to be much more rumor than truth with Calipari's extension.


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