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.
Sep 4, 2015, 8:19 PM EDT
Moustapha Diagne decided he would attend junior college back in August.
Sep 4, 2015, 6:39 PM EDT
Seventh Woods removed one more team from consideration.
Sep 4, 2015, 5:19 PM EDT
Rico Gathers averaged a double-double last season.
Sep 4, 2015, 4:03 PM EDT
Washington sat out all of last season due to a lingering foot injury.
Sep 4, 2015, 3:21 PM EDT
Mike Krzyzewski will be taking a national title team to the Oval Office for the fifth time in his career.
Sep 4, 2015, 2:13 PM EDT
It was reported in late July that Felton was listening to other schools.
Sep 4, 2015, 12:39 PM EDT
Devin Davis has since enrolled at Odessa JC in Texas.
Sep 4, 2015, 9:40 AM EDT
Greenwood is the second former college basketball player to sign with an AFL franchise in the last week.
Sep 3, 2015, 9:05 PM EDT
The Bulldogs are guaranteed games against five NCAA tournament teams and could play more based upon what happens in the Battle 4 Atlantis.
Sep 3, 2015, 7:56 PM EDT
Virginia is trying to figure out the academic situation of Mamadi Diakite, who might enroll in 2015.
Sep 3, 2015, 6:51 PM EDT
This comes less than a month after AD Norwood Teague stepped down for his own alleged sexual misconduct.
Sep 3, 2015, 5:22 PM EDT
Joe Struggs, who didn’t enroll until last month, has been dealing with issues with both of his shins.
Sep 3, 2015, 4:15 PM EDT
This year’s Terrapins will look to match what Dixon, Steve Blake and company accomplished just over 13 years ago.
Sep 3, 2015, 3:30 PM EDT
Jalen Johnson is one of the best in-game dunkers in the Class of 2016.
Sep 3, 2015, 1:20 PM EDT
The Atlantic 10 released its full conference schedule. The league has 33 games on NBCSN this season.
Sep 3, 2015, 12:00 PM EDT
Michigan State saw the newly-renovated practice facility when they arrived back from a trip to Italy.
Sep 3, 2015, 9:15 AM EDT
Josh Jackson won back-to-back MVP awards at the Under Armour Elite 24.
Sep 2, 2015, 10:05 PM EDT
With two seniors in their current front court, adding a big man helps North Carolina moving forward.
Sep 2, 2015, 8:00 PM EDT
Mullin threw out the first pitch at a Yankees game back in late-May.
Sep 2, 2015, 6:15 PM EDT
The men’s basketball freshmen will meet in New York City September 12 & 13.
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- Wisconsin’s Bo Ryan makes another statement wavering on potential retirement 0
- Cody Zeller, Indiana president speak out against recent athlete legal issues 0
- Five-star 2016 combo guard cuts list to four 0
- Xavier, Mount St. Joseph to launch the ‘Lauren Hill Tip-Off Classic’ 1
- Tai Wynyard: ‘I will be coming to UK in December’ 0
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- ACC releases its full conference schedule (2)
- Throwback Thursday: Juan Dixon and company win Maryland’s lone national title (2)
- Colorado State finds difficulty scheduling good non-conference games (1)
- Notre Dame freshman Rex Pflueger throws down some impressive dunks (VIDEO) (1)