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Report: John Calipari Turned Down $60 Million From The Cleveland Cavaliers Last Week

Last Thursday, it was reported that Kentucky coach John Calipari had signed a seven-year, $52 million deal to stay on with the Wildcats until 2021. Monday morning, it's being reported by Yahoo Sportsthat Coach Cal was "deep in discussions" to actually leave the program and head back to the NBA to become the new head coach of the Cleveland Cavaliers. Cal decided against the idea, turning down a reported seven-year, $60 million contract to become both president and coach.

Gilbert and Calipari had discussed a package in the range of $8 million-plus a year, sources said, and it wasn't until midweek that Calipari finally rejected Cleveland and fully committed to his seven-year, $52 million extension at Kentucky.

Yahoo adds that many people around Calipari believe that if Andrew Harrison and Aaron Harrison had decided to jump to the NBA after this past season, Calipari would have done the same. Either way, it would appear as if the Kentucky head coach negotiated himself a nice raise. As noted earlier this week, Calipari is now the SEC's highest-paid coach - even ahead of Alabama football head coach Nick Saban.