John Calipari Contract Terms

Two-year Extension and New Contract Provision

Updated March 21, 2017
Current - Last major amendment effective FY15 Two-year Extension
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
14/15 15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24
1 Guaranteed Comp
2 Salary $ 400,000 $ 400,000 $ 400,000 $ 400,000 $ 400,000 $ 400,000 $ 400,000 $ 400,000 $ 400,000 $ 400,000
3 Media/Endorsements 4,500,000 4,500,000 4,600,000 4,800,000 5,000,000 5,000,000 5,000,000 7,600,000 7,600,000 7,600,000
4 Retention 1,600,000 2,100,000 2,250,000 2,550,000 2,600,000 2,600,000 2,600,000 - - -
5 Total Guaranteed Comp 6,500,000 7,000,000 7,250,000 7,750,000 8,000,000 8,000,000 8,000,000 8,000,000 8,000,000 8,000,000
6
7 Incentives
8 APR 950 50,000 50,000 50,000 - - - - - - -
9 APR 975 - - - 50,000 50,000 50,000 50,000 50,000 50,000 50,000
10 Total Incentive Comp 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000
11
12 Grand Total $ 6,550,000 $ 7,050,000 $ 7,300,000 $ 7,800,000 $ 8,050,000 $ 8,050,000 $ 8,050,000 $ 8,050,000 $ 8,050,000 $ 8,050,000
13
14 Termination by University without Cause - Financial Payment
15 Current Logic 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 -
16 Current Logic with Extension (5/8 of remaining guaranteed comp) 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 -

History Look-in Provision

Original Agreement Mar 2009 - Mar 2017 Between June 1, 2022 and June 30, 2022, Coach and the
Base: $400k, Media: $3.3M - $2.85(15-17) Universitys Director of Athletics shall meet to evaluate market
Incentives: win SEC champ, Sweet 16, Final Four, win Natl Champ, conditions related to the compensation of other Intercollegiate
.950 APR, 75% GSR, retention Coaches. If it is determined at that time that Coachs
compensation is no longer comparable in the marketplace to its
Amendment 1 Extend to 2019 relative position in the marketplace at time of this Fifth
Increase Media to $3.4M, increase incentive pymt, add Elite Eight, Amendment, Coach and University shall work in good faith to
eliminate GSR negotiate a new amendment to Section 5 of this Agreement.

Amendment 2 Increase Media to $3.8M, add 1 yr retention

Amendment 3 Extend to 2021

Increase media, increase retention, eliminate incentives

Amendment 4 Extend to 2022