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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Mayweather picked to beat De La Hoya
LAS VEGAS, NEVADA -- Golden Boy Oscar De La Hoya and his rival Floyd Mayweather Jr. arrived at the MGM Grand here Wednesday amid the pomp and pandemonium befitting two of the biggest stars in the sport who are about to duke it out for the WBC super welterweight crown this Saturday (Sunday in Manila).

As of Wednesday, MySportsbook.com closed its book with Mayweather a favorite to defeat De La Hoya at -170 (a $100 bet wins $70), while De La Hoya is a +140 underdog (a $100 bet wins $140).

Mayweather arrived at about 11:30 a.m. on a big truck with his face and a big "World's Best Pound-for-Pound" sign scribbled across the vehicle. He was accompanied by his entourage made up of rappers and his training team.

A crowd of close to 3,000 eager fans packed the MGM Grand lobby, with their cameras in tow, all trying to vie for position to get a good angle at Mayweather, who is acknowledged as the world's best fighter pound-for-pound.

Eric Gomez, Golden Boy Promotions vice-president, described the fan turnout as "amazing" and swore he had never seen anything quite like this event.

"The crowd was fantastic. Everybody was just too eager to see the two fighters," said ALA manager Michael Aldeguer, who was among those who waited at the lobby together with his ward Rey "Boom Boom" Bautista and AJ Banal.

De La Hoya made his own grand entrance at the hotel lobby at around 12:30 p.m. accompanied by GBP chief executive officer Richard Schaefer and trainer Freddie Roach.

The same group of fans who trooped to see Mayweather also lingered around to get a close look at De La Hoya, who has been secretly working out at a Las Vegas gym for days after arriving from his main training camp in Puerto Rico.

The golden boy then took part in a closed-door afternoon workout with Bautista and Banal. The two, along with Aldeguer and wife Christine, as well as an HBO crew were the only ones allowed inside the gym.

De La Hoya and Mayweather take part in today's final press conference before the official weigh-in this Friday.

Ring Magazine, the acknowledged bible of boxing, reported in its June 2007 issue that 12 out of 20 boxing experts it interviewed have favored Mayweather to defeat De la Hoya, with only 8 favoring the latter.

But Filipino ring icon Manny Pacquiao said in a recent interview with The Freeman's Emmanuel Villaruel that De La Hoya will win by unanimous decision over Mayweather.

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