Sources: Kevin Ollie And Uconn Near 5-Year Deal

ESPN is reporting that Kevin Ollie and and UConn are close to finalizing a five-year contract.

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UConn and Kevin Ollie are on the verge of finalizing a five-year contract that will pay the coach close to $3 million a year, a source with direct knowledge of the negotiations told ESPN on Monday.

Ollie hasn't signed the deal and is still negotiating two key points, including assistant coaching salaries as well as student athlete welfare issues, sources with direct knowledge told ESPN. But the sources say that Ollie and the school hope to have a deal done by Wednesday.

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The new contract would make him the highest-paid coach in the American Athletic Conference. He led the Huskies to the national title just a month ago, which was the school's fourth since 1999.