LEXINGTON, Ky. (AP) - The $31.65 million deal making John Calipari the highest-paid coach in college basketball is packed with perks beyond his annual salary, including membership to the country club of his choice, two cars and incentives for reaching the NCAA Sweet Sixteen and Final Four and winning a national title.

Calipari agreed to leave Memphis and Tuesday night signed the eight-year contract to join the nation's all-time winningest basketball program.

His base pay is listed at just $400,000 per year, but his guaranteed compensation actually is $3.7 million in his first season when marketing, broadcasting and endorsement payments are added.

The Wildcats paid Memphis $200,000 as part of Calipari's buyout of his Tigers' contract, which had paid him $2.35 million per year.

Including $3 million in retention bonuses he'll get for staying with Kentucky through March 31, 2016, Calipari is in line to receive an average of $4 million a year over the eight years.

The deal also gives Calipari:

— Two "late model, quality automobiles," plus mileage.

— Membership in a country club of his choice, including monthly dues and initiation fees.

— 20 prime "lower-level" season tickets to UK home games.

— Eight tickets for each UK home football game.

— Hundreds of thousands of dollars in incentives for reaching certain milestones, such as a 75 percent graduation rate or better ($50,000), winning the Southeastern Conference ($50,000), winning the SEC tournament ($50,000), making the NCAA tournament round of 16 ($100,000), making the Final Four ($175,000), or winning the national title ($375,000).

— the right to income from conducting basketball camps using UK facilities.

Should the university fire Calipari without cause, he would still receive $3 million for each year left on the contract, double the annual buyout former Kentucky coach Billy Gillispie says he is entitled to under his memorandum of understanding.

The rich contract comes at a time when tuition rates have spiked at the university and state higher education funds have shrunk. UK officials defended the salary package by saying the athletics budget is completely separate from the academic side, and a successful basketball program pays for itself several times over.

"If I went through and paid a coach $1.5 million and I didn't get the right guy, there would be people mad at me on that side," Athletics Director Mitch Barnhart said. "If I got one of the more expensive contracts in the country, I'm going to get it from that side. We're the pre-eminent basketball program in the country, and if we want a premier coach, then that's what it takes to get it done."