May 22, 2014, 6:08 PM EST
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.
Nov 21, 2014, 11:55 PM EST
Here is everything you need to know from Friday night hoops.
Nov 21, 2014, 11:45 PM EST
Florida nearly coughed up another win on Friday.
Nov 21, 2014, 11:05 PM EST
Like the rest of the 2011 recruiting class, Jonathan Holmes could have left Texas. Instead he made the decision to stay, and he and the Longhorns are better because of it.
Nov 21, 2014, 9:17 PM EST
Justin Anderson led all scorers with 18.
Nov 21, 2014, 8:48 PM EST
Syracuse is in this position because Tyler Ennis turned out to be better than anyone expected.
Nov 21, 2014, 8:00 PM EST
Isaiah Taylor injured his left wrist on a hard fall with just over two minutes remaining in Texas’ win over Iowa Thursday night.
Nov 21, 2014, 7:52 PM EST
The Mountaineers and Huskies will meet on Sunday.
Nov 21, 2014, 6:49 PM EST
Kansas hosts Rider on Monday night.
Clemson gets technical foul for calling a timeout it doesn’t have, coughs up game to Gardner Webb (VIDEO)
Nov 21, 2014, 5:30 PM EST
This has been a disastrous week for the Tigers.
Nov 21, 2014, 4:45 PM EST
UConn will play the winner of Boston College-West Virginia.
Nov 21, 2014, 4:30 PM EST
Let’s just say that we aren’t too fond of the current shot clock or the rules regarding hanging on the rim.
Nov 21, 2014, 3:43 PM EST
Mississippi State’s taken steps forward when it comes to improving the depth and talent in their program.
CBT’s Recruiting Roundup: Arizona’s interior depth, Oklahoma gets rolling, another Memphis recruit reclassifies
Nov 21, 2014, 2:30 PM EST
News and notes on the world of college basketball recruiting.
Nov 21, 2014, 1:53 PM EST
Two of the four writers picked Indiana as a team that can surprise people in the Big Ten.
Nov 21, 2014, 1:02 PM EST
Less than a week after TaShawn Thomas was cleared to play, Danuel House received the good news regarding his waiver request.
Nov 21, 2014, 12:13 PM EST
Cullen Neal leads the Lobos in scoring and is second in assists, so this is a big loss.
Nov 21, 2014, 11:10 AM EST
Also of note is George Washington’s trip to Charlottesville, and Dayton facing UConn in Puerto Rico.
Nov 21, 2014, 9:52 AM EST
Both Miami (2007) and Minnesota (2010) have won the event in the past.
Nov 21, 2014, 1:39 AM EST
There was also a double-overtime game in Charleston, and a buzzer-beating tip-in in Puerto Rico.
Nov 21, 2014, 12:36 AM EST
One impressive stretch of perimeter shooting may stand out, but Cal’s execution against the Syracuse zone was good for most of the night.
- The ‘Chaminade Crew’ and how Jonathan Holmes has changed the culture of Texas hoops 0
- Early struggles of Syracuse, Kaleb Joseph example of the downside of early entry 0
- UPDATE: Texas loses starting point guard to left wrist injury, out 4-6 weeks 0
- Burning Questions: Who’s poised to surprise (or disappoint) people in the Big Ten? 1
- Poll: 54 percent of people think Kentucky beats the 76ers, 54 percent of people are dumb 29
- Burning Questions: Who will be this year’s surprise freshman standout? 0
- After getting embarrassed by No. 1 Kentucky, where does No. 5 Kansas go from here? 3
- Poll: 54 percent of people think Kentucky beats the 76ers, 54 percent of people are dumb (29)
- No. 1 Kentucky’s size, depth overwhelms No. 5 Kansas, makes 40-0 seem possible? (5)
- No. 1 Kentucky survives Buffalo despite ugly effort offensively (4)
- Pregame Shootaround: No. 14 Iowa State needs to be on upset alert tonight (3)
- Miami upsets No. 8 Florida thanks to the Angel Rodriguez takeover (3)