Buzzing on Yahoo Sports:

UConn, Ollie ink $15 million, 5-year deal

AP - Sports
UConn, Ollie ink $15 million, 5-year deal

View photo

Connecticut men's basketball coach Kevin Ollie gestures during a celebration of UConn's championships in the NCAA men's and women's tournaments, at a rally at the State Capitol in Hartford, Conn., on Sunday, April 13, 2014. (AP Photo/Fred Beckham)

STORRS, Conn. (AP) -- Connecticut basketball coach Kevin Ollie has agreed to a $15 million, five-year contract with the national champion Huskies, the university announced Thursday.

''It's a humbling experience to be around the UConn fans and the UConn family and to know that I am their basketball coach for the foreseeable future,'' Ollie said.

University President Susan Herbst said Ollie is the ''right person'' to lead the team.

The 41-year-old coach, who spent 13 years as an NBA journeyman before returning to his alma mater, has been linked to several NBA job openings, including with the Los Angeles Lakers and Cleveland Cavaliers.

He is 52-18 in his seasons with the Huskies. He took over a team that was banned from the postseason in his first year due to past academic problems.

The Huskies went 8-1 this past postseason including its 6-0 run in the NCAA tournament.

The agreement runs through May 31, 2019.

Ollie's previous deal, worth about $7 million, runs through the end of the 2017-18 season. He made just over $1.6 million, with bonuses for the NCAA tournament run, last season.

He has made a point of preaching loyalty and family to his UConn players. From 1991-95, he was the school's point guard under Jim Calhoun. The Hall of Famer hired Ollie as an assistant in 2010 before hand-picking him as his successor when he retired in 2012.

Win cash prizes, pick a fantasy roster for just one day, join in minutes!

Learn how to play

Contest Entries Entry Fee Prizes Starts (EDT)
NFL $100K Tournament [$10K to 1st] (Thu Only) 5597/11364 $10 $100000 Tomorrow 12:30 PM Enter
NBA $20K Tournament [$2K to 1st] 2010/4545 $5 $20000 Today 7:00 PM Enter
NBA $10K Tournament [$1K to 1st] 235/454 $25 $10000 Today 7:00 PM Enter
View Comments (37)