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Cavaliers Owner Mum on Calipari Rumors

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Earlier Monday, Yahoo Sports reported that (Cavs owner Dan) Gilbert had offered Kentucky coach John Calipari a seven-year, $60 million deal to serve as president and coach of the team. ESPN put the numbers at $80 million for 10 years. Calipari turned the offer down and signed a seven-year, $52 million deal with Kentucky.

Gilbert declined to address the report saying, “It does the franchise no benefit by commenting on coaching search rumors.”

via Mary Schmitt Boyer of The Plain Dealer

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