Source: Kevin Ollie in line for new deal

ByANDY KATZ
May 2, 2014, 4:03 PM

— -- UConn coach Kevin Ollie and the university are in negotiations to double his salary after Ollie led the Huskies to the national championship in April, a source with direct knowledge told ESPN on Friday.

Ollie was paid $1.25 million this season, his second as coach. He received a seven-month contract when he was hired to replace Hall of Famer Jim Calhoun. In December 2012, Ollie was given a five-year contract worth $7.5 million.

The source said the Huskies are looking to pay him in the neighborhood of $2.4 million to $2.6 million annually.

The source said "it would take something substantial for him to leave" UConn's program, which could be a high-profile NBA offer from the Los Angeles Lakers or perhaps another franchise.

"Kevin knows he's hot right now," the source said. "He's not thinking about leaving right now."

Ollie has been mentioned as a potential candidate for the Los Angeles Lakers' opening. When reached Friday, Ollie said there was nothing going on with the Lakers. UConn athletic director Warde Manuel did not respond to ESPN for comment.

The Lakers, meanwhile planned to meet Friday to formulate a list of candidates to replace Mike D'Antoni, who resigned on Wednesday, according to sources with knowledge of the situation.

The Lakers have yet to formally contact any candidates, sources said, and are determined to cast as wide of net as possible as they look to "make a splash," as one source put it, with their next hire.

UConn beat Kentucky on 60-54, in Arlington, Texas, for the national title, the fourth in school history -- all coming since 1999. Ollie, a former player at UConn who served as an assistant for two years prior to succeeding Calhoun, played 13 years in the NBA for 11 different franchises.

The point of Ollie's new contract would be to make him the highest-paid coach in the American Conference and feel rewarded for winning the national championship, the source said.

UConn clearly has to be competitive against NBA franchises, as well, if it wants to keep Ollie for the foreseeable future.

"Kevin has a pro mentality," the source said, "but he's not leaving unless it's a great offer. It has to be something substantial for him to leave."