Report: Calhoun expected to receive extension on Friday

NCAA Basketball Betting Lines

05/07/2010 - Hartford, CT (Sportsbook Betting Lines) - The University of Connecticut is reportedly set to give men's head basketball coach Jim Calhoun a contract extension through the 2013-14 season.

According to the Hartford Courant, UConn will hold a press conference on Friday morning to announce the move. The report cites a source as saying the extension is worth $13 million over five years and is retroactive to the 2009-10 season.

If those figures are correct, Calhoun will receive a significant raise on the $1.6 million he earned in the final year of his current contract that was slated to expire in June.

The 67-year-old, who guided the Huskies to a pair of national titles in 1999 and 2004, experienced health problems during an up-and-down 2009-10 campaign and left the team for seven games.

A three-game winning streak shortly after Calhoun's return gave the Huskies hope for a possible at-large bid into the NCAA Tournament, but those dreams were dashed with a four-game losing streak to end the season, including an embarrassing 75-53 loss to St. John's in the first round of Big East tourney.

UConn ended the season 18-16, including a lowly 7-11 mark in conference play. They lost to Virginia Tech in the second round of the NIT.

In his 24 years with the program, the Huskies have gone 575-221. 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.

Wwwgamblecom NCAA Basketball Betting News

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