The paperwork is official on Mark Pope’s contract as the new men’s basketball coach at the University of Kentucky.

Pope, a former UK player who spent the past five seasons as the head coach at BYU, was officially revealed as the next leader of the Wildcats’ program on April 12, three days after John Calipari announced his resignation to take the top job at Arkansas.

Nearly six weeks later, all major parties had officially signed off on the Pope era.

UK President Eli Capilouto added his signature to Pope’s contract on May 21, eight days after Pope and UK athletics director Mitch Barnhart signed their names to the deal. The Herald-Leader reviewed the terms of the contract Tuesday morning.

Pope agreed to a five-year deal worth $27.5 million — averaging $5.5 million over the term of the contract — plus several incentives and potential bonuses based on the Wildcats’ athletic and academic achievements.

For the 2024-25 season, Pope is due to receive $5 million, with his salary increasing by $250,000 each year through the 2028-29 season.

If Kentucky advances to the Sweet 16, the contract will be automatically extended by an additional season, with $250,000 added to his salary for each extra year as long as there are no more than five seasons remaining on the contract at that time.

In addition to Pope’s set salary, the 51-year-old coach will have the opportunity to make additional money on and off the court as head coach of the Wildcats.

Pope will receive $100,000 for an SEC regular-season championship and $50,000 if the Cats win the SEC Tournament.

Both achievements were rare in the final seasons under Calipari, who dominated the league early in his 15-year tenure but won just one SEC regular-season title in his final seven seasons as head coach. Kentucky last won the SEC Tournament in 2018 and has not advanced to the league title game since then.

Pope will also receive additional compensation for each time UK plays beyond the first weekend of the NCAA Tournament, something the Cats have not done since 2019.

Kentucky’s new coach will earn $50,000 for a trip to the Sweet 16, $100,000 for a trip to the Elite Eight, $250,000 for a Final Four appearance and $500,000 for a national championship. That bonus is not cumulative for each round. So, for example, if UK wins the NCAA title, Pope would receive a maximum of $500,000.

UK has won just one NCAA Tournament game since 2019.

There are also separate $25,000 bonuses for APR and GPA benchmarks.