Arkansas Officially Announces The Hire Of John Calipari, Releases Contract Details

by Staff Reporter

April 10, 20242 Comments

FAYETTEVILLE – Naismith Hall of Fame coach John Calipari, who has led six teams to the Final Four, was named the 14th Razorback head men’s basketball coach, University of Arkansas Vice Chancellor and Director of Athletics Hunter Yurachek announced Wednesday.

Calipari has signed a five-year contract to lead the Razorbacks with a salary beginning at $7 million per season. The contract runs through April 30, 2029 with a maximum of two automatic rollover years for NCAA Tournament appearances that would extend the contract to 2031. The deal includes a $1 million signing bonus and features retention bonuses of $500,000 each year of the contract along with one-time bonuses for making the NCAA Tournament, reaching the second round, Sweet 16, Final Four and winning a national championship.

Calipari will be formally introduced on Wednesday (April 10) at 6 p.m. in Bud Walton Arena. The event will be open to the public. Fans should enter the south entrance of Bud Walton Arena. Doors will open at 5 p.m. Public parking is available in Lots 46, 56, 56B and 60, with the exception of resident reserved parking spaces.

“By all accounts, John Calipari is one of the premier coaches in college basketball,” Yurachek said. “A national championship coach, a four-time national coach of the year and one of the nation’s top recruiters, Coach Cal has consistently demonstrated his ability to attract outstanding talent and build championship teams within the Southeastern Conference and position his programs among the best in the nation. Read more.

(Release via Arkansas Athletics)