Rick Pitino out as Louisville basketball coach amid federal probe

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Louisville men's basketball coach Rick Pitino and athletic director Tom Jurich were placed on administrative leave by the school on Wednesday amid a federal fraud and corruption investigation.

Pitino had nothing to say as he walked in or out of the building.

Steve Pence, the coach's attorney, told Darren Rovell and Ryan Smith of ESPN his client was "effectively fired", but they plan to fight for the remaining money he's owed, which includes $37.7 million in salary and $6.75 million in possible bonuses.

This isn't the first time Louisville has made headlines for improper behavior under Pitino. Pitino's contract requires 10 days notice.

Specifically, was either Coach-1 or Coach-2 Pitino?

UofL hopes to have interim head basketball coach and interim athletic directors named within 48 hours.

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Postel met with Pitino and Jurich individually this morning and said neither offered to resign from their position.

Pitino also had to testify in 2010 in a federal extortion trial for the wife of the school's equipment manager, when he acknowledged under oath to having an extramarital affair with her in a Louisville restaurant.

Bleacher Report said several people named in the complaint were reportedly funneling $100,000 to the family of 5-star Louisville commit Brian Bowen.

Dieng said Tuesday's charges and past Louisville men's basketball scandals don't diminish what he and his teammates accomplished in a winning that championship in 2013. The Hall of Famer also won a title at Kentucky in 1996 and racked up a 770-271 record in his 30-plus years on the bench, which included stops at Boston University and Providence. Disappointment does not even come close to describing my feelings surrounding the allegation that any member of the UofL basketball staff could be involved in the criminal conduct announced yesterday.

Louisville has reportedly fired Hall of Fame basketball coach Rick Pitino following an Federal Bureau of Investigation operation on Tuesday that indicted, among others, assistant coaches at Arizona, Oklahoma State, USC, and Auburn on corruption charges, ESPN reports. "I appreciate all of the support from the Louisville fans".

Pitino, 65, released a statement after news of the charges was announced Tuesday, saying: "These allegations come as a complete shock to me".

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