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Rick Pitino sued the University of Louisville for $40 million and all he got was this lousy change to his personnel file

Rick Pitino has reached a settlement with the University of Louisville.

The former head coach of Louisville’s basketball team was seeking $40 million in a lawsuit against his former employer, but the two sides have agreed on a much smaller amount, to put the past behind them and move forward. Pitino will receive exactly zero of those 40 million dollars, per the new agreement. He will, however, have the records changed to say he resigned, not that he was fired for being so scandal-licious.

The statement from U of L:

“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 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. Coach 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.”

The official record will still reflect that he was 2-8 against John Calipari at Kentucky.

UPDATE: Pitino also released a statement.

“Today I move on to a new chapter in my life. 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”

Article written by Drew Franklin

I can recite every line from Forrest Gump, blindfolded. Follow me on Twitter: @DrewFranklinKSR

22 Comments for Rick Pitino sued the University of Louisville for $40 million and all he got was this lousy change to his personnel file

  1. Rixter
    9:32 am September 18, 2019 Permalink

    So we finish the hearing and U of L is gonna stiff me. And I say, “Hey, L1C4, hey, how about a little something, you know, for the effort” And they say, “Oh, uh, there won’t be any money, but your personnel file will say you resigned in shame, rather than being fired.”
    So I got that goin’ for me, which is nice.

  2. BUCats
    9:37 am September 18, 2019 Permalink

    I think 1 of those wins were vacated too.

  3. 4everUKblue
    9:38 am September 18, 2019 Permalink

    Most importantly Cal owned Pitino’s @ss!

  4. Bluebloodtoo
    9:54 am September 18, 2019 Permalink

    So Rick is ready to move on, then? This might be as close to acceptance as he gets.

  5. KYjellyRoll
    9:58 am September 18, 2019 Permalink

    Still off too easy with too much well said about him

  6. BlueByYou
    10:01 am September 18, 2019 Permalink

    Soooooo… you sue an employer for improper termination and when that goes south, you decide that…”Oh, really I resigned!” May be the smoothest (but not quickest) move by Pitino yet!

  7. ClutchCargo
    10:19 am September 18, 2019 Permalink

    Former employee sues you for wrongful termination, loses and gets nothing. The former employee then agrees to drop all legal claims and say he actually quit. Winning!

      11:59 am September 18, 2019 Permalink

      Steve Quayle? He always says that talking about history in general.

  8. Fly Cat
    11:33 am September 18, 2019 Permalink

    Who controls the past controls the future. Who controls the present controls the past.

  9. Elvis Is Alive
    11:34 am September 18, 2019 Permalink

    “Ain’t about how fast I climax, ain’t about what’s waitin’ on the other side, it’s the cliimmbb!”

  10. Dustin Rumbaugh
    11:47 am September 18, 2019 Permalink

    Record is 2-8 and most importantly we owned them when it mattered in the tournament. I know that has to burn Pitino up so much that Cal got him with the record and wins and especially that Cal always got him in the tourney. As a kid that applied to be a ball boy for him and had my heart ripped out when he went from Boston to UL (I didn’t care that he left for the NBA…I only cared when he was a turncoat), I’m glad that karma came back to bite him the same way it bit me as a little kid that thought he was a hero. RIP Rick. Career over.

  11. CrystalBall
    11:47 am September 18, 2019 Permalink

    Without that 40 mil how will he survive? He may end up homeless. Poor fellow.

  12. BlueBanker18
    12:32 pm September 18, 2019 Permalink

    UCLA fires Cronin after this season, hires Pitino. Calling it now.

  13. Nickerbocker05
    5:09 pm September 18, 2019 Permalink

    Rick realized how dumb his case was!!! I mean not only would he lose this case, Hey Bebe! Would have to live it all over again. UL has this won from the get go. Rick just came to his senses of the mater.

  14. Nickerbocker05
    5:15 pm September 18, 2019 Permalink

    Something tell me there is way more then the scandals that have been made public about Rick time at ul…. if he was will to go through public humiliation AGAIN for 40mil, thinking that’s all they got on him… what could they possibly have brought up that made him back down to make him seem even more like a coward then he already is perceived!?

  15. CrystalBall
    6:02 pm September 18, 2019 Permalink

    Rick didn’t have a choice. He violated the morals clause in his contract. Could have, and should have, been fired after the restaurant episode.

  16. Cats79
    7:00 pm September 18, 2019 Permalink

    What Rick did at Louisville is his business. But when it comes what he did for UK that what like about him he brought our program from ashes just remember that period. As far he went on coach at Louisville I can give a horse rat. The bottom line is what he did for Kentucky basketball

    • Ez21
      7:24 pm September 18, 2019 Permalink

      Yes he brought us back but the bottom line is that he knew what it would do to the UK fan base no matter what anyone says and still did it by going to coach UL. I loved the man when he was here but what he did was unforgivable!