Tuesday, October 13, 2009
Gillispie And U.K. End Contract Dispute
Former University of Kentucky men's basketball coach Billy Gillispie was seeking $6 million in a lawsuit he filed against the University of Kentucky Athletics Association, but Tuesday evening, U.K. officials and Gillispie reached an agreement for $2.98 million plus $265,000 in attorney fees and mediation costs. The settlement was several times more than U. K.'s initial offer. Gillispie had sued alleging breach of contract and fraud related to his March firing which came two years into a seven year agreement.