Adrian Wojnarowski is reporting that UConn and head basketball coach Kevin Ollie have agreed to a contract extension that will pay the coach $3 million per season.
Kevin Ollie has reached agreement on a $3 million annual contract extension at UConn, spurning the NBA, sources tell Yahoo Sports.
— Adrian Wojnarowski (@WojYahooNBA) May 19, 2014
According to Wojnarowski, Ollie never received a formal contract offer from the L.A. Lakers.
The Los Angeles Lakers never made a formal inquiry into Kevin Ollie for coaching vacancy, sources tell Yahoo Sports.
— Adrian Wojnarowski (@WojYahooNBA) May 19, 2014
Ollie reportedly made $1.6 million this season as part of a $7 million deal that was to last four more seasons. ESPN has reported that UConn was planning to pay Ollie as much as $2.6 million a season.
“I love this university,” Ollie told the Associated Press on Thursday at the New York Athletic Club where he and UConn women’s coach Geno Auriemma received Winged Foot Awards winning national titles this past season. “I am not looking for another job. Of course, you listen to different things. I got two ears, I’m going to listen, but I’m not running out there soliciting any other job. I want to be here at the University of Connecticut. … I’m going to be the UConn coach, nothing’s changed.”