The University of Louisville is in no financial position to buyout the contract of Coach Bobby Petrino. The Courier Journal reports a U of L board member as saying due to buying out new basketball coach Chris Mack’s contract, paying out former U of L athletic director Tom Jurich and the ongoing lawsuit involving former basketball coach Rick Pitino, the funds are not there.
U of L is 2-4 on the season and if the school wanted to buy out Petrino, it would cost them $14 million.