Cardinal Basketball

Rick Pitino Gets No Money In Settlement With University of Louisville

Chris Humphrey

The University of Louisville’s long legal battle with their former basketball coach has officially come to an end.

On Wednesday morning the ULAA board voted to settle the lawsuit that was filed by Rick Pitino after he claimed to be wrongfully terminated in 2017.

Pitino was initially seeking upwards of $40 million, but in his settlement with the school Pitino will receive zero money.

Joint statement from Pitino & UofL

“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. Nevertheless, there were NCAA infractions during his term which led to serious consequences for the university. Although these infractions may not have occurred at Pitino’s direction or with his knowledge, the problems leading to 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 and the University of Louisville have mutually agreed to dismiss their legal claims against each other, designate his departure as a resignation and move forward.”

UofL athletic director Vince Tyra described the situation as a “mutual walk-away.”

“Rick accomplished a lot here as a head coach and our record books do show that, although there will be asterisks there at times, he’s done quite a bit,” Tyra said when asked if the school has washed their hands of Pitino. As noted in our release a lot was accomplished under his realm.”

“Today I move on to a new chapter in my life,” Pitino said in a statement through his attorney. “Against my lawyer’s advice, I’m dropping my lawsuit with ULAA. I am very proud of the many accomplishments my teams achieved at Louisville. I’m so thankful and honored to coach such dedicated athletes. I’m also disappointed in how it ended. But as head coach I am held responsible for the actions of all team members. I still have so much passion for the game and so many goals I want to achieve. From this day forward I start my climb.”

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