John Calipari reportedly rejected a $60M offer from the Cavaliers
During the past few months, Kentucky head coach John Calipari’s name has floated around as a possible head coaching candidate in the NBA. For a little while, the Lakers were rumored to be interested in his services, but those talks quickly subsided. However, a recent report from basketballinsiders.com has revealed to us how valuable some NBA franchises believe he is. This report states that Calipari was offered a 7 year, $60M deal from the Cleveland Cavaliers that would have made him both the president of basketball operations as well as head coach. This would mean that he would have supreme authority over all roster decisions in addition to coaching. Sadly for the Cavaliers, Calipari turned this deal down and opted to stay at Kentucky signing a 7 year, $52.5M extension with the school that pays him more each year as a reward bonus for staying at the school.
One might think Calipari is crazy to turn this deal down from Cleveland, but he actually is very smart. Coaching in the NBA is a whole different animal from coaching NCAA Division 1 basketball. The turnover rate for coaches is much higher, the level patience of organizations is much lower, etc. Plus, in this specific case, the owner of the Cavaliers Dan Gilbert has a reputation of being completely irrational after the way he responded to LeBron James’ decision to leave Cleveland for Miami. Whether or not that had anything to do with Calipari’s decision to stay at Kentucky, I have no idea. But what I can say is that Calipari made the right move by staying at Kentucky. He has much more stability, respect from the organization, and a much higher chance of winning a championship.
—Ben Parker: follow me on twitter @nba_lord