UConn's Calhoun receives five-year extension

NCAA Basketball Betting Lines

05/07/2010 - Storrs, CT (Sportsbook Betting Lines) - The University of Connecticut handed longtime men's head basketball coach Jim Calhoun a five-year contract extension running through the 2014 season on Friday.

The deal is effective retroactively from July 1, 2009 and is weighted with lofty figures for appearances as well as performance and postseason incentives.

Calhoun will receive a base salary of $325,000 for 2009-10 with a $25,000 bump in each additional year. In addition to the base salary, Calhoun's agreement calls for $1,675,000 in year one of the agreement for institutional speaking engagements and media-related appearances and will increase in each year after. The combined figures will total $2,300,000 for 2010-11, $2,700,000 for 2011-12 and $3,000,000 for 2012-13 and 2013-14.

"I am very happy that this new contract will allow me to finish my coaching career here at UConn," Calhoun said at a news conference Friday to announce the pact. "This is a tremendous show of recognition and support from (Athletics Director) Jeff Hathaway and (President) Michael Hogan."

Calhoun, who turns 68 on Monday, recently completed his 24th season as head coach at UConn and his 38th as a collegiate head coach. It was a trying season for both the program and Calhoun, who experienced health problems and left the team for seven games with an undisclosed condition.

The up-and-down campaign saw the Huskies finish 18-16, including a lowly 7-11 mark in conference play. An embarrassing 75-53 loss to St. John's in the first round of Big East Tournament preceded a loss to Virginia Tech in the second round of the NIT.

"Jim is one of the elite coaches in college basketball," remarked Hathaway. "He has taken UConn Basketball to the national championship level, and he is a valued representative of the University and the State of Connecticut."

A 2005 inductee into the Basketball Hall of Fame, Calhoun guided the Huskies to a pair of national titles in 1999 and 2004 and has gone 575-221 in his 24 years at the helm. He also coached 14 seasons at Northeastern, compiling a record of 248-137.

In 2009, Calhoun became the seventh Division I coach in NCAA history to reach 800 career wins. The year also saw the program mired in an investigation into NCAA rules violations related to the recruitment of Nate Miles. That and a myriad of health concerns led Calhoun to question his future in coaching following the Huskies Final Four loss to Michigan State.

Calhoun has survived cancer three times, including prostate cancer in 2003 and skin cancer in 2008.

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MySportsbook.com: NBA Championship Odds

With the playoffs about two months away, the top two teams in the Western Conference are the clear cut leaders to win the NBA Championship. The Dallas Mavericks have the best record in the NBA (44-9) and have been absolutely scorching since the second week of the season.  What makes the Mavs’ record more impressive is the fact that they dropped their first four games of the season.  Currently they have won 17 out of their last 18 and are MySportsbook.com’s favorite (2-1) to win it all.  Right behind the Mavs are the Pacific leading Phoenix Suns (39-13).  Last season, the Suns lost in the Conference Finals to non-other then the Mavericks four games to two.  Of course the Suns were without center Amare Stoudemire who has is averaging 19.9 PPG and 9.5 RPG since coming back from his knee injury.  Unlike the Mavs, the Suns have struggled a bit lately having lost their last three and four out of their last seven.  Of course the main reason for their three straight loses is due to the absence of two time MVP Steve Nash, who is out with a shoulder injury.  Heads-up, the Mavs have beaten the Suns in both of their meetings this season.

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Boston Celtics 5000-1

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Cleveland Cavaliers 20-1

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Denver Nuggets 25-1

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Houston Rockets 12-1

Indiana Pacers 60-1

Los Angeles Clippers 45-1

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Miami Heat 9-1

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Minnesota T-Wolves 200-1

New Jersey Nets 50-1

New Orleans Hornets 150-1

New York Knicks 150-1

Orlando Magic 75-1

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Phoenix Suns 5-2

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Sacramento Kings 250-1

San Antonio Spurs 9-1

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Toronto Raptors 35-1

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