Memphis Head Coach Signs Extension: Coach John Calipari will remain Memphis’ coach through the 2012-13 season after signing an extension that will pay him $2.35 million a year. His contract includes an annual raise of $500,000 and a $5 million bonus for staying to the end of the contract. Coach Calipari led the Tigers to a Division I record of 38 wins while receiving his second Naismith National Coach of the Year award. Calipari and his staff will be starting over as Memphis’ entire starting five has entered the NBA Draft this year.
[4/30/08]