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Kentucky Sports Radio

University of Kentucky Basketball, Football, and Recruiting news brought to you in the most ridiculous manner possible.

Breaking News: UK Settles Lawsuit with Billy Gillispie for $2.98 Million

According to El Capitan Matthew Jones, UK has settled the lawsuit brought forth by former UK Men’s Basketball Coach Billy Clyde Gillispie. The settlement amount is reportedly $2.98 Million dollars. The Herald-Leader reports that UK will pay more than $265,000 in Gillispie’s legal and mediation fees.

Matt has previously reported a rumor that UK’s initial settlement offered by UK was $3 Million dollars. Most recently, the settlement amount was rumored to be increased to $4 Million dollars right before Billy Clyde was charged for a DUI in Anderson county.

You can read Matt’s analysis of Gillispie’s initial lawsuit filing where Billy was asking for fulfillment of the financial obligations set by the Memorandum of Understanding — a $6 Million dollar payout from UK.

At last, one more time for the national blogs to misspell Gillispie’s name! Don’t let me down, AOL Fanhouse!

Article written by The Fake Gimel Martinez

I may be fake, but my passion for UK sports is real. Probably put all my best work at Aseaofblue.com and firebilly.com, so go there when I start coasting here.