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Rick Pitino received 98% of money from Louisville’s Adidas apparel deal


The overwhelming majority of the money from Louisville’s multimillion-dollar deal with Adidas was paid to head coach Rick Pitino, according to a review of the contract conducted by The Courier-Journal.


Pitino was effectively fired following an FBI investigation that implicated the Cardinals’ program in the payment of a high-profile recruit.




University of Louisville Interim President Dr. Greg Postel suspended Pitino and director of athletics Tom Jurich, effective immediately. Postel met with Pitino and Jurich separately to inform them of the decision, which comes after allegations that a men’s basketball coach participated with an apparel company and others in a scheme to pay a recruit to come to the university.

That player has been notified that he has been removed from team activities.

“The allegations are serious,” Postel said. “It is vital for this university to strictly adhere to NCAA rules and, of course, federal law. Doing nothing would be a tacit endorsement of potential criminal and unethical behavior.”

Jurich has been suspended with pay, effective immediately, pending the next meeting of the University of Louisville Board of Trustees. Pitino has been suspended without pay, effective immediately.

Postel said he will work quickly to name an interim athletic director and, together, they will name an interim head men’s basketball coach. He said he hopes to announce those appointments within 48 hours. Decisions regarding coaches named during the investigation will be made by the interim athletic director.

Postel stressed that the university will cooperate fully with law enforcement and NCAA officials.

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