Sources have confirmed that the University of Kentucky has reached a deal with John Calipari to be the Wildcats' new basketball coach.
No official announcement is scheduled today according to UK officials, but sources indicated Calipari will sign a $4 million per year contract anywhere in length from seven to 10 years.
"It looks like eight years is going to be the magic number," said the source.
Kentucky recruit Daniel Orton of Oklahoma has not heard from anyone at UK today about who will replace Billy Gillispie, who was fired Friday. However, his father, Larry, understands that Calipari is the likely choice.
"Right now Daniel is still going to Kentucky until we get a chance to talk to Calipari," Larry Orton said based on the assumption that Calipari will be UK's next coach.