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Report: John Calipari declined $60 million offer to coach Cavs

By Jason Lloyd Published: June 9, 2014
Kentucky Wildcats head coach John Calipari calls a first half play. against Kentucky in the NCAA Midwest Regional, Friday, in Indianapolis. (Sam Riche/MCT)

The Cavaliers offered John Calipari a seven-year, $60 million deal that would’ve given him full control of the franchise, according to a Yahoo Sports report. Calipari ultimately rejected the deal late last week, according to the report, and agreed to a seven-year, $52 million deal to stay at Kentucky.

Calipari would’ve been given the title of president and coach and had final say on all roster decisions over General Manager David Griffin, according to the report.

It’s the latest twist in a wide-ranging coaching search that has included young assistants seeking their first head coaching gig, veterans near the end of their careers and high-profile college coaches.

One source with knowledge of the search said late last week there didn’t appear to be a frontrunner and there still was no timetable on selecting a head coach.

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