Giacoletti resigns at Utah, will be bought out

Updated: March 2, 2007, 7:27 PM ET
By Andy Katz | ESPN.com

Utah athletic director Chris Hill wants to make one thing clear: Ray Giacoletti resigned. The decision was Giacoletti's, not Hill's.

But, multiple sources close to Giacoletti said that is not entirely the case, telling ESPN.com that the decision came from above Hill. Giacoletti and his representation signed a confidentiality agreement and won't comment any further. Giacoletti did say Friday that he resigned and that he had nothing but good things to say about Hill.

"It was Ray's decision," ...

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