Gillispie was a rising star in the coaching profession after quick rebuilding jobs at UTEP and Texas A&M, leading to the Kentucky job in 2007.
UK uses a 21-0 run in the first half to blow out Valpo.
Former Western Kentucky star quarterback Willie Taggart will be the next head coach at Oregon, various outlets are reporting.
Asante Gist and Isaac McGlone combined to score 44 points.
Kentucky high school basketball scores from Tuesday night: