Kentucky could give coach John Calipari a raise.

Calipari has been linked to the Bulls, who are looking for a head coach after firing Vinny Del Negro on Tuesday.

Wildcats athletic director Mitch Barnhart says that the school and Calipari have begun talks on a new deal that could keep the coach at Kentucky for the remainder of his career.

"We have begun initial discussions on restructuring his contract so that he's the coach at Kentucky until he retires," Barnhart said in a statement.

Calipari, already the highest-paid coach in men's college basketball, just completed the first year of an eight-year deal.