Click For Photo: http://static2.businessinsider.com/image/59cb9a4ac68d7b29008b47ea-1190-625/rick-pitino-ousted-after-university-of-louisville-is-linked-to-college-basketball-bribery-scandal.jpg
Head men's basketball coach Rick Pitino is out at the University of Louisville one day after the FBI arrested 10 people on charges of fraud and corruption in college basketball.
Pitino has been placed on indefinite unpaid administrative leave, Louisville Interim President Greg Postel announced during a press conference on Wednesday.
Press - Conference - Pitino - Attorney - Steve
Prior to the press conference, Pitino's attorney Steve Spence told the Courier-Journal that Louisville has "effectively fired" Pitino by placing him on leave.
Earlier Wednesday, Pitino had reportedly told his staff that he expected to be fired over the scandal. The school's athletic director, Tom Jurich, was also placed on paid administrative leave.
Agent - FBI - Investigation - Executive - Adidas
An undercover agent working with an FBI investigation accused an executive at Adidas and several other defendants of funneling $100,000 to the family of a high-school basketball player to persuade the player to sign with an unnamed public research university in Kentucky.
The complaint in which the allegation appeared doesn't name the university, but, based on details provided, it was almost certainly Louisville, which signed a $160 million sponsorship deal with Adidas in August. The complaint said the student's commitment to Louisville seemed to come "out of nowhere" in early June; the five-star recruit Brian Bowen surprised many on June 3 by announcing plans to play for the school.
The complaint said at...
Wake Up To Breaking News!