UConn coach Jim Calhoun has agreed in principle to a new deal that will give him four additional years, not five as has been reported.
It is a five-year deal, but the current season counts as one of the years, according to a source with a direct knowledge of the situation. His current deal expires June 30, 2010 and the new one runs through the 2013-14 season.
“This year is one of the years,” the source said. “It’s actually four additional years.”
Calhoun will be paid “north of $2 million” per year, a raise from his current annual salary of $1.6 million, the source said.
Calhoun, 67, is in his 24th year at UConn. He has led the Huskies to three Final Four appearances and two NCAA championships (1999 and 2004).
The source said this contract would not necessarily be the last for Calhoun.
“I think the intent was it would probably be the final contract,” the source said. “That was probably the thought but no one knew if he would coach after this [current] contract was done.
“He’s very healthy even though he’s had those issues [with prostate cancer and broken ribs after a bike accident]. He would only be 71 [after this contract ends].”
