Kentucky releases Mark Pope's contract details

Mark Pope signed a five-year deal to be the next head basketball coach at Kentucky and his official contract details were released on Tuesday.
University of Kentucky’s new men’s basketball coach Mark Pope speaks about the future of Kentucky men’s basketball during his introductory press conference to thousands of fans in Rupp Arena on Sunday, April 14, 2024.
University of Kentucky’s new men’s basketball coach Mark Pope speaks about the future of Kentucky men’s basketball during his introductory press conference to thousands of fans in Rupp Arena on Sunday, April 14, 2024. / Clare Grant/Courier Journal / USA TODAY
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While Mark Pope has been on the job as the Kentucky head basketball coach for over a month, his official contract details were just released.

On Tuesday, the university released the contract info for Pope and his coaching staff. Pope's contract, which was already reported to be a five-year deal, will run from April 12, 2024 to March 31, 2029.

Over the course of his contract, Pope will earn $27.5 million -- with a $5 million salary and increase of $250k per season.

While Kentucky is part of the 'blue blood' club in college basketball it has failed to make it out of the first weekend since the 2018-19 season. After Covid hit ahead of the 2020 NCAA Tournament, UK missed the 2021 NCAA Tournament and have had a first-round exit in two of the last three seasons.

So, because of that, if Pope makes it to a Sweet Sixteen a bonus will hit. He'll receive an additional $250k for each Sweet Sixteen appearance.

Though that's a nice bump, that's not what Pope is here for. As he stated when he took the job, 'hanging a banner' at Kentucky should be the expectation every season.

“The University of Kentucky is the pinnacle of coaching in college basketball," Pope said. “It’s the definition of blueblood program where hanging a banner is the expectation ever year."

Other incentives for Pope include: $500k for a National Championship, $250k for a Final Four, $100k for a regular-season SEC Championship and $50k for a SEC Tournament title.

Kentucky is coming off of 23-10 record and first round upset loss in the NCAA Tournament to Oakland. Pope led BYU to the NCAA Tournament this past year after a 23-11 season.

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