Well, that didn't take long.

Hours after a report surfaced that Kentucky coach John Calipari was interested in the Chicago Bulls coaching vacancy, the school announced that it'll re-do his contract. That's no small deal, either. Calipari's 8-year, $31.65 million deal already makes him college basketball's highest-paid coach.

"I'm extremely proud of what Coach Calipari has done in just one year as the leader of our men's basketball program," Kentucky A.D. Mitch Barnhart said. "Cal has brought Kentucky men's basketball back to its rightful place of national prominence and I'm excited about our future."

Barnhart hopes the new deal will keep Calipari in Lexington for the rest of his career. If Calipari's tweets are to be believed, it could be true.

"Throughout my career I've been mentioned for other jobs," Calipari wrote. "Now that I'm here u won't hear about other colleges because I've got the best job. Every year you will hear my named mentioned for NBA jobs because I coached in the league before. I'm very happy at Kentucky."

I'm sure that's true. He led the Wildcats back to national prominence this season, going 35-3 and reaching the Elite Eight. He's running arguably the place to play. Who wouldn't be happy?

Then again, a cynic might believe the rumors and say Barnhart is just doing the smart thing. A new contract would certainly contain a new buyout clause, which means if Calipari does ever bolt to the NBA, Kentucky will get nice chunk of change.

Everybody wins! Well, everyone except the NBA team…

Mike Miller's also on Twitter, usually talkin' hoops. Click here to follow him.