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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.
<< Dodgers to host Rockies in key divisional set
(Sportsbook Betting Lines) - Los Angeles Dodgers outfielder Andre Ethier will bring his
Triple Crown numbers and late-game heroics into Friday's opener of a three-
game series versus the NL West-rival Colorado Rockies at Chavez Ravine.
Ethier was at i
<< Angels, Mariners to square off in battle of reeling clubs
(Sportsbook Betting Lines) - A pair of slumping American League West rivals get together
tonight in the Emerald City, where the Seattle Mariners and Los Angeles Angels
of Anaheim collide in the opener of a three-game series at Safeco Field.
The Marine
<< Bruins shoot for sweep in Philly
(Sportsbook Betting Lines) - The Boston Bruins will shoot for a sweep of their Eastern
Conference semifinal series when they visit the Philadelphia Flyers for Game
4 tonight at Wachovia Center.
The sixth-seeded Bruins are just once victory away from e
<< Brewers head to Arizona for final leg of trip
(Sportsbook Betting Lines) - The Milwaukee Brewers should feel more confident about the
next opponent on their 10-game road trip, as they try and continue their
recent success against the Arizona Diamondbacks tonight at Chase Field.
Milwaukee, which i
Penn National joins MID in Maryland Jockey Club >>
Wyomissing, PA (Sportsbook Betting Lines) - Penn National Gaming and MI Development
(MID) announced Friday morning the establishment of a joint venture to own and
operate the Maryland Jockey Club.
The Maryland Jockey Club conducts thoroughbred
Montreal to join MLS in 2012 >>
Montreal, QC (Sportsbook Betting Lines) - Montreal will be the home of Major League
Soccer's 19th franchise, Major League Soccer commissioner Don Garber and
expansion team owner Joey Saputo announced on Friday during a press
confere
Lipscomb F Hodzic withdraws for NBA Draft >>
Nashville, TN (Sportsbook Betting Lines) - Lipscomb University forward Adnan Hodzic has
withdrawn from the 2010 NBA Draft and will return to the school for his senior
season.
Hodzic had entered the draft on April 8, but did not hire an agent.
"By
Lyon desperate to get back to Champions League >>
Valenciennes, France (Sportsbook Betting Lines) - After reaching the semifinals of the
Champions League for the first time in club history, Lyon is eager to return
to Europe's premier club competition, but they must first get back into the
top thr
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Terrell Owens could return for Cowboys next game
A bye week will allow Terrell Owens broken hand to recover just in time for the next game the Dallas Cowboys are slated to play, according to reports. MySportsbook.com, an football sportsbook, has posted football betting lines on TO playing.
Owens broke the bone leading to his right ring finger Sunday night and had a plate surgically attached to it Monday. Although Owens' hand was swollen and aching Wednesday, Dallas Cowboys coach Bill Parcells said he's optimistic the receiver will be back at work next week and catching passes a week from Sunday against the Tennessee Titans.
MySportsbook.com online sportsbook listed Terrell Owens with odds of 7-2 (or $7 paid out for every $2 bet) to return back for the game against Tennessee.
"I certainly wouldn't rule it out now," Parcells said, referring to Terrell Owens immediate return. "Maybe five days from now I might, but I wouldn't rule it out now. ... I know we're looking to try to get him moving around pretty good in the next day or so. So we'll see where we are."
Owens did not speak with reporters Wednesday, but said Sunday he'd be out two to four weeks. A return against the Titans would be 13 days after the surgery. The Cowboys were listed as an early -7 1/2 favorite vs. the Tennessee Titans for Week 4 at MySportsbook.com
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