Pitino reportedly stands to lose $44 million remaining on his existing contract, per Yahoo Sports, if fired with cause. According to his contract, Pitino must be given 10 days’ notice before any firing can be official.
“The motion was short and simple,” Louisville interim president Greg Postel said in a news conference after Monday’s closed-door meeting. “The board requested of me and authorized me to initiate the process of termination for cause as defined in Coach Pitino’s employment contact.”
Postel’s announcement came five days removed from Pitino being placed on unpaid administrative leave in the wake of news that an FBI investigation into college basketball recruiting included Louisville’s program.
David Padgett, 32, was named the Cardinals’ interim head basketball coach in place of Pitino on Friday.
Postel said the school will pay “nothing beyond the terms” outlined in Pitino’s contract.
Pitino’s lawyer, Steve Pence, told the Courier-Journal on Sunday he put Louisville officials on notice that his client’s effective dismissal violates the coach’s employment agreement. He also said that breach of contract could become the basis for a lawsuit.
One of the most successful college basketball coaches in history, Pitino was 416-143 in 16 seasons as Louisville head coach and is in the Naismith Hall of Fame with 770 career victories.
“The decision to exercise rights for cause in an employment agreement at a university is an extremely difficult decision no matter who the person is,” Postel said. “I would have just as much angst and just as much need to do it correctly no matter who it was. … It’s important that we be fair and follow the agreement and do this right for any employee of the university.”
Louisville did not take any action on athletic director Tom Jurich on Monday.
10 Common Mistakes Everyone Makes In Rick Matthews Buick Gmc | rick matthews buick gmc – rick matthews buick gmc
| Allowed to help my website, with this occasion We’ll show you regarding keyword. And now, this can be the first impression:
What about image previously mentioned? is actually that will remarkable???. if you believe thus, I’l d provide you with several picture once again below:
So, if you like to obtain all of these great pictures regarding (10 Common Mistakes Everyone Makes In Rick Matthews Buick Gmc | rick matthews buick gmc), just click save icon to save these images for your computer. There’re prepared for download, if you’d prefer and want to grab it, simply click save symbol in the article, and it’ll be directly downloaded in your computer.} Lastly if you wish to have unique and latest graphic related to (10 Common Mistakes Everyone Makes In Rick Matthews Buick Gmc | rick matthews buick gmc), please follow us on google plus or save this blog, we try our best to provide regular up grade with fresh and new photos. Hope you like staying here. For many up-dates and recent news about (10 Common Mistakes Everyone Makes In Rick Matthews Buick Gmc | rick matthews buick gmc) photos, please kindly follow us on twitter, path, Instagram and google plus, or you mark this page on bookmark area, We attempt to provide you with up grade periodically with all new and fresh pictures, enjoy your searching, and find the right for you.
Here you are at our website, contentabove (10 Common Mistakes Everyone Makes In Rick Matthews Buick Gmc | rick matthews buick gmc) published . At this time we are excited to declare that we have found an awfullyinteresting nicheto be reviewed, namely (10 Common Mistakes Everyone Makes In Rick Matthews Buick Gmc | rick matthews buick gmc) Lots of people searching for info about(10 Common Mistakes Everyone Makes In Rick Matthews Buick Gmc | rick matthews buick gmc) and certainly one of them is you, is not it?