The University of Louisville Athletic Association and former basketball coach Rick Pitino have settled their two-year long legal dispute.
Pitino, one of the top coaches in the history of the game, was seeking $40 million in a breach of contract lawsuit from the university, where he had a good deal of success though not without controversy before departing after the 2016-17.
Pitino didn’t receive any money in the deal but his personnel file will now indicate he resigned instead of being fired.
“For 17 years, Coach Pitino ran a program that combined excellence on the court with a commitment to the program’s student athletes, their academic achievement, and their futures in and out of basketball,” read a joint statement from the parties. “Nevertheless, there were NCAA infractions during his term which led to serious consequences for the University.
“Although these infractions may not have occurred at Coach Pitino’s direction or with his knowledge, the problems leading to the NCAA infractions happened under his leadership. We thank Coach Pitino for his years of service to the University of Louisville basketball program and wish him well.”
Pitino, a Basketball Hall of Fame coach led the Cardinals to six Elite Eights and three Final Fours but had to vacate a 2013 national championship due to NCAA violations including a pair of assistant coaches implicated in a pay-to- play scheme involving a recruit. .
The NCAA is still looking into possible sanctions at the program and Pitino has agreed to cooperate with any investigation going forward.
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