Kentucky ended any NBA rumors around basketball coach John Calipari Thursday signing him to a seven-year, $52.5 million extension.
Calipari will earn a base salary of $6.5 million next season and $8 million over each of the final three seasons.
Calipari led the Wildcats to the 2012 NCAA Championship and to the championship game last season falling to UConn 60-54.
The Los Angeles Lakers were rumored to be interested in Calipari.
Both sides quickly tried to quash those rumors, but after the Lakers fired Mike D’Antoni, the chatter heated up again.
The Big Blue Nation should have some security about its head coach with $50 million.