The​ University of Kentucky has reportedly offered​ head coach John​ Calipari what amounts to a lifetime​ contract, according to Seth Davis of The Athletic.

UCLA, who is looking for a new head coach, reportedly offered Calipari a huge contract. Kentucky gave UCLA permission to speak with Calipari, who has been with UK since 2009:

The​ University of Kentucky has offered​ John​ Calipari what is​ essentially​ a lifetime​ contract extension in​ response​ to a lucrative​​ offer the coach has received from UCLA, The Athletic has learned.

UCLA offered Calipari a contract worth approximately $48 million over six years, according to a source with direct knowledge of the situation. The contacts between Calipari and UCLA have been more extensive than previously reported, but Calipari told UCLA last week he is not interested in leaving Kentucky.

John​ Calipari led Kentucky to the 2012 NCAA championship. He is regarded as one of the best college coaches of all time.

Calipari has been to six Final Fours. He has coached some of the top players who are in the NBA right now, such as Derrick Rose, Anthony Davis, Karl-Anthony Towns, John Wall, DeMarcus Cousins and Eric Bledsoe.

Kentucky lost to Auburn in the Elite Eight by a final score of 77-71. Calipari has an overall record of 305-71 at UK.