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Updated: 8:34 PM May 27, 2009
Former UK Coach Billy Gillispie Files Lawsuit
Former University of Kentucky Men's Basketball Coach Billy Gillispie levied a multi-million dollar federal lawsuit against UK's Athletics Association in Dallas late Wednesday afternoon.
Posted: 5:53 PM May 27, 2009 |
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17 Comments 
Former University of Kentucky Men's Basketball Coach Billy Gillispie levied a multi-million dollar federal lawsuit against UK's Athletics Association in Dallas late Wednesday afternoon.
The 24 page lawsuit accuses UK's Athletics Association of breach of contract and fraud for firing Gillispie two years into an agreement for seven years.
While Gillispie never signed a formal contract, he was operating under a memorandum of understanding with the athletics association.
Gillispie is seeking $6 million he says he is owed for "Termination without cause," according to the agreement.
The memorandum of understanding said Gillispie would be paid $1.5 million a year for up to four remaining years on the contract if fired.
In addition, the suit says UK lured Gillispie away from Texas A & M at a point when that university was negotiating to give him a contract extension through 2015.
He also is seeking punitive damages and the cost of attorneys fees.
Latest Comments
Is Billy still here in Lexington or is he living in Texas now?
Now since they realize Billy and his attorney's are serious, they will try to pay the $6 million plus attorney fees. They just need too. If they can pay Cal all of that money for smiling on TV, they can come up with Billy's money. UK has made a complete mess of things thanks to Mitch and the attorney's at UK. I hope billy gets every dime due him. The entire $6 million plus!!!!!!!!!
People sit down and read the lawsuit before you write. UK's attorney, wrote that this Memo would serve as his contract and everything involved would be upheld. Bottom line is this, UK messed up and now they have to pay. It serves them right. The man should have never been put through this in the first place. He could have still be at UK if it had not been for mitch allowing the boosters to scare him. Now the tables are turned. More than this is going to happen with mitch under control. He needs to resign himself. He has made a mess of things. Nothing like this ever took place under C.M Newton. NOTHING.
