The current number is over 33 million at seasons end. After this season, he could elect to retire and accept the Asst. AD/Ambassador role, at essentially 1 million a year plus. He could also take another head coaching job and be owed nothing.
Brainfart is such a complete and total dumbass.
John Calipari Contract and Salary Breakdown at Kentucky
Signed: June 13, 2019
Term: 10 years
Base Salary: $400,000
John Calipari supplemental pay remaining by year:
2023-24: $8,100,000
2024-25: $8,100,000
2025-26: $8,600,000
2026-27: $8,600,000
2027-28: $8,600,000
2028-29: $8,600,000
Unlike many coaches, particularly ones who have been at their school for as long as Calipari, who took the Kentucky job in 2009, Calipari doesn’t have a retention bonus or any real bonus structure tacked onto his contract. The only additional compensation he is entitled to be a $50,000 bump if the Wildcats achieve a 975 APR score in an academic year.
In guaranteed money, this means Calipari will make $8,500,000 this year, as well as the next year before that number jumps to $9,000,000 for the remainder of his contract.
This contract isn’t guaranteed to last through 2028-29, however. After the 2023-24 season, Calipari will have a chance to opt out of the deal and accept a role as Special Assistant to the Athletic Director. If he were to exercise that option, Calipari would keep his $400,000 base salary for the remainder of his contract, along with an additional $550,000 per year in supplemental pay. That would make his total compensation $950,000 per year.
John Calipari Buyout Details
In addition to Calipari taking the special assistant opt-out, there are two other ways this could all end early: Calipari can elect to step away, or Kentucky can fire him.
If Calipari leaves, for another head coaching job, he can do so without paying any sort of penalty. His buyout is $0.
But if Kentucky wants to fire him without cause, the school is going to owe him 75% of what remains in base and supplemental pay. Here’s how that breaks down by year:
- 2023-24: $33,375,000
- 2024-25: $27,000,000
- 2025-26: $20,250,000
- 2026-27: $13,500,000
- 2027-28: $6,750,000
Additional Perks
In addition to his pay, Calipari is entitled to the following, per his contract:
- Two “late model, quality automobiles” for his official and personal use
- 20 lower-level tickets to all home and away men’s basketball games
- 8 tickets to all home football games
- 10% university contribution to his retirement account
- 20 paid vacation days per year
- University-paid membership to a local golf or country club
