Those sanctions would be eliminated from the contract once UConn’s four-year APR climbs above 930, Manuel said.
Ollie will receive $1.2 million in 2013. His base salary will be $400,000 and rest will be for speaking and media appearances. The payments increase annually to $1.34 million by 2017.
Calhoun, who is vacationing in Florida, issued a statement saying the hiring makes him feel “very good about the future of UConn basketball.”
UConn women’s coach Geno Auriemma, who is making $1.8 million this year and is in negotiations for an extension, said Ollie remains in a tough position, but will have the support of the entire athletic department.
“He’s going to do the right thing. He’s already proven that,” Auriemma said. “And now he’s going to get an opportunity to recruit and he’s going to get an opportunity to coach.”
AP Sports Writer Janie McCauley in Stanford, Calif., contributed to this report.
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