Kevin Ollie has signed a new five-year contract worth $2.8 million per year, with incentives that could push it up to $3 million per year, according to ESPN's Andy Katz.

Here's the most interesting part: according to sources, Ollie has separate buyout clauses that differentiate between taking another college job and an NBA job. If Ollie takes another college job, he would owe UConn more than if he were to land an NBA job.

This is pretty unique.

Of course, it's also hard to imagine Ollie leaving UConn to coach at any other school. But it's obvious that the NBA is still a possibility, no matter how far down the road.