Louisville Board of Trustees meets, takes no action regarding Rick Pitino

The University of Louisville’s Board of Trustees called a special meeting for Monday morning in the wake of FBI findings that show the school’s basketball team arranged for at least one recruit to receive money in return for a commitment to the school.

After a roughly two-hour meeting, Louisville interim President Gregory Postel said no action was taken regarding ousted basketball coach Rick Pitino.

Pitino was placed on administrative leave last week, and Monday the letter sent to him by the school detailing the terms of his leave was made public. Pitino’s leave is to extend until the conclusion of the current FBI investigation or the end of this year’s basketball season.

The Louisville Athletic Association has also scheduled a special meeting for Monday in order to discuss Pitino’s future.

Just because no action was taken regarding Pitino, however, does not mean no news came out of the meeting.

Postel said the school plans to announce an interim athletics director on Tuesday. Former athletics director Tom Jurich was also placed on administrative leave last week, though his leave is paid. Postel said he plans to meet with all of Louisville’s head coaches today regarding the interim athletics director selection.

Postel also said that no decision had yet been made about the future of Louisville’s deal with equipment sponsor adidas. James Gatto, an adidas executive, was one of the men arrested as a result of the FBI probe and is said to have provided the money that was funneled to a recruit by Louisville.

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