May 22, 2014, 6:08 PM EDT
In the aftermath of his leading UConn to the national title last month, head coach Kevin Ollie became an even more popular figure in NBA coaching circles. With his lengthy playing career and coaching acumen, the UConn alum’s name was bound to come up as franchises looked to fill their vacancies. However all along Ollie stated his desire to remain in Storrs, and on Thursday he and the school have officially come to an agreement on a new five-year contract.
The contract, which runs through the 2018-19 season, will eventually pay Ollie $3.2 million in the final year of the deal. Ollie’s salary in 2014-15 will be $2.8 million, making him the highest-paid coach in the American Athletic Conference and one of the top ten highest-paid coaches in America.
“I’m very pleased that we were able to agree to a new contract and that we’ll be able to continue to build upon the success we’ve had,” Ollie said in the release. “It’s a humbling experience to be around the UConn fans and the UConn family and to know that I am their basketball coach for the foreseeable future. I’m very proud of that. UConn is a place that I love and as I’ve told everyone throughout the season and through all the recent speculation, this is where my heart is. This is where I wanted to be.
“I’m very thankful to President Herbst and Warde Manuel for showing confidence in me and my coaching staff,” Ollie continued. “It’s the student-athletes who have sacrificed to uphold the standards we have set at UConn and done such a terrific job. I’m happy and excited to be able to continue to invest in their basketball careers and their lives.”
There are also incentives for reaching certain academic and athletic benchmarks, but the key for both sides are the buyouts should Ollie leave UConn for another job. Leaving the school for another job, be it college or professional, would cost Ollie $5 million after the 2014-15 season and $4 million after the 2015-16 campaign. But that’s where the similarities end.
Ollie leaving UConn for another college job following the 2016-17 season would result in a buyout of $3 million, with the cost being $2 million in each of the final two years of the contract. But if he were to make the jump to the NBA following any of the final three years of the contract, the buyout would be just $1 million.
The defending national champions will have to account for the loss of key players such as Shabazz Napier, Niels Giffey and DeAndre Daniels. But with Ryan Boatright leading a group that will include Amida Brimah, Rodney Purvis and Daniel Hamilton the Huskies won’t lack for talent.
Apr 26, 2015, 8:45 PM EDT
Collins averaged 7.1 points and 5.2 assists per game last season, and his arrival could lead to Alex Caruso getting more scoring opportunities off the ball.
Apr 26, 2015, 7:35 PM EDT
Robinson has quite the rebuilding job on his hands, but guard LeAntwan Luckett (16.3 ppg) is one of the team’s top four scorers who have eligibility remaining.
Apr 26, 2015, 7:05 PM EDT
Dominic Green was released from his National Letter of Intent to Arizona State a couple weeks ago.
Apr 26, 2015, 6:02 PM EDT
In addition to making graduates sit out a year, there’s also consideration of the idea that schools can restrict where they can go.
Apr 26, 2015, 4:05 PM EDT
Nick Noskowiak joins former Arkansas guard Nick Babb as players who have committed to Iowa State this month.
Apr 26, 2015, 2:29 PM EDT
Skinner was the longtime coach of Boston College.
Apr 26, 2015, 1:00 PM EDT
Avery Johnson is touring with Nick Saban to get more familiar with being a head coach at Alabama.
UAA Day 2: The return of Seventh Woods; Markelle Fultz is the real deal; Josh Jackson’s up-and-down day
Apr 26, 2015, 11:30 AM EDT
The Under Armour Association has plenty of talented players in its league this season, including former mixtape star Seventh Woods and the No. 1 player in the Class of 2016, Josh Jackson.
Apr 26, 2015, 10:15 AM EDT
Malik Monk had a dominating effort on Saturday while Harry Giles didn’t make much of an impact.
Apr 26, 2015, 9:00 AM EDT
Josh Jackson went for 41 points, seven assists and six rebounds at the Under Armour Association.
Apr 26, 2015, 8:54 AM EDT
Ferrell would have been a second round pick.
Apr 25, 2015, 10:19 PM EDT
Taylor averaged 13.1 points and 4.6 assists per game last season, and his decision to return is a nice boost for head coach Shaka Smart.
Apr 25, 2015, 9:55 PM EDT
Graduate students Max Bielfeldt and Tyler Harris were in Ames this weekend, as was former Marquette commit Nick Noskowiak.
Wisconsin’s Josh Gasser, Duje Dukan serve as honorary coaches for football team’s spring game (VIDEO)
Apr 25, 2015, 8:55 PM EDT
Gasser’s team beat Dukan’s by the final score of 35-7.
Apr 25, 2015, 7:30 PM EDT
Turner won MAC Rookie of the Year honors in 2013-14.
Apr 25, 2015, 5:59 PM EDT
Junior Etou averaged 7.4 points and 6.6 rebounds per game last season.
Apr 25, 2015, 4:33 PM EDT
King averaged 7.2 points and 4.8 rebounds per game last season at Memphis.
Apr 25, 2015, 3:12 PM EDT
Thornton will fill the void left by Tyus Jones at the point.
Apr 25, 2015, 1:00 PM EDT
Oregon landed a commitment from a former San Diego State pledge.
Apr 25, 2015, 11:45 AM EDT
Maryland returns another reserve guard for next season.
- Report: Yogi Ferrell to return to Indiana for senior season 0
- Texas point guard Isaiah Taylor returning for junior season 1
- EYBL Day 1: Jayson Tatum vs. Michael Porter Jr.; De’Aaron Fox, Jarred Vanderbilt go for big outings 0
- 2015 College Basketball Updated Early Entry List 14
- Providence announces return of point guard Kris Dunn for 2015-16 season 0
- Five-star guard Malik Newman commits to Mississippi State 0
- UPDATED: 2015-2016 College Basketball Way-Too-Early Preseason Rankings 0
- Duke lands commitment from elite PG Derryck Thornton, who will reclass (18)
- 2015 College Basketball Updated Early Entry List (14)
- UPDATED: 2015-2016 College Basketball Way-Too Early Preseason Top 25 (9)
- Louisville adds key grad transfer Damion Lee (6)
- All-MAC guard Shannon Evans to transfer from Buffalo; is athletics director Danny White at fault? (3)