Sources: John Calipari Finalizing Five-Year Deal With Arkansas

John Calipari is finalizing a five-year deal to become the next coach at Arkansas, sources told ESPN on Sunday night, a blockbuster move that will shake up the SEC and college basketball landscape.

The deal is expected to be completed in the next 24 hours.

Calipari is the second-highest-paid coach in the country at Kentucky, earning more than $8.5 million per year. Arkansas is believed to have offered Ole Miss’ Chris Beard in the neighborhood of $5 million when it pursued him following Eric Musselman’s decision last week to leave for USC, sources told ESPN.