Kentucky has awarded men's basketball coach John Calipari with a two-year contract extension and a raise, giving him a total of eight more years with the Wildcats, the school announced Monday. Calipari's previous contract was $31.65 million for eight years. The new deal is worth $36.5 million with the opportunity to earn performance-based incentives. "What John Calipari has done on and off the court in the past two years to reunite and rejuvenate this fan base has been magical," athletic director Mitch Barnhart said. "He understands the responsibility that goes along with this position and there is no other coach out there that is a better fit for the best basketball program in the country." Read more: http://sports.espn.go.com/ncb/news/story?id=6708023