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View Full Version : OT: Calipari/Kentucky Agree to 10-year $86 million deal



CB4
06-13-2019, 11:26 PM
"Lifetime contract" worth $86 million over 10 years. Calipari can switch to advisory role after year six. Contract includes the typical generous tax free expense account and other perks. This was interesting:

"In addition to your standard insurance and vacation benefits, Calipari will also receive the use two “late-model, quality automobiles,” membership and paid dues for a local country club and 20 free “prime, lower-level” tickets at every basketball game, home or away."

Contract: https://www.wkyt.com/content/news/Its-official-John-Calipari-signs-new-long-term-contract-at-Kentucky-511257942.html

Article: https://www.google.com/amp/s/www.yahoo.com/amphtml/entertainment/john-calipari-kentucky-lifetime-contract-233544416.html

Overrated and overpaid - the American Dream. Good for him.

2019-20 student athlete stipends capped at $5,000. Players and families still pay out of pocket for things not covered by scholarship and costs in excess of stipend amount.

Coaches found guilty of federal crimes for trying to pay players.

Not a knock on Cal, just a reflection on the state of affairs.

DixieZag
06-14-2019, 05:32 AM
That's quite the generous offer.

Kentucky must be feeling good right now, football team is pretty good, too. Which always helps big numbers.

Bogozags
06-14-2019, 06:06 AM
That is a LOT of MONEY...

No doubt the university feels he is worth that much and it's a shame that these type of high salaries being paid to individuals far exceed those that actually have to perform in classrooms teaching these basketball players...

It just seems like our priorities are enormously screwed up and don't know of any way to make corrections/adjustments to our system...well, sorry not trying to get into other areas...

Have a GREAT Weekend!

Alum08
06-14-2019, 12:29 PM
That is a LOT of MONEY...

No doubt the university feels he is worth that much and it's a shame that these type of high salaries being paid to individuals far exceed those that actually have to perform in classrooms teaching these basketball players...

It just seems like our priorities are enormously screwed up and don't know of any way to make corrections/adjustments to our system...well, sorry not trying to get into other areas...

Have a GREAT Weekend!Not to mention the 30+ years of public pension money (probably exceeding $200 million) that the kids today get to pay so their parents can be amused.

bartruff1
06-14-2019, 01:36 PM
Things are only worth what someone is willing to pay for them at a point in time......

DixieZag
06-14-2019, 02:09 PM
Things are only worth what someone is willing to pay for them at a point in time......

True,

But mistakes do get made, from time to time.

He's probably worth it.

sheps001
06-17-2019, 09:10 AM
Few's record is pretty good. Is Cal really worth that much more than Few or is Few underpaid ?????

KY per Wiki.

NCAA W-L record 126-48 (.725)
Sweet Sixteen 42 (1951, 1952, 1955, 1956, 1957, 1958, 1959, 1961, 1962, 1964, 1966, 1968, 1969, 1970, 1971, 1972, 1973, 1975, 1977, 1978, 1980, 1983, 1984, 1985, 1986, 1992, 1993, 1995, 1996, 1997, 1998, 1999, 2001, 2002, 2003, 2005, 2010, 2011, 2012, 2014, 2015, 2017,2018)
Elite Eight 37 (1942, 1945, 1948, 1949, 1951, 1952, 1956, 1957, 1958, 1961, 1962, 1966, 1968, 1970, 1972, 1973, 1975, 1977, 1978, 1983, 1984, 1986, 1992, 1993, 1995, 1996, 1997, 1998, 1999, 2003, 2005, 2010, 2011, 2012, 2014, 2015, 2017)
Final Four 17 (1942, 1948, 1949, 1951, 1958, 1966, 1975, 1978, 1984, 1993, 1996, 1997, 1998, 2011, 2012, 2014, 2015)
NCAA Championship Games 12 (1948, 1949, 1951, 1958, 1966, 1975, 1978, 1996, 1997, 1998, 2012, 2014)
NCAA Championships 8 (1948, 1949, 1951, 1958, 1978, 1996, 1998, 2012)