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Gillispie, Kentucky settle for $2.9M

Updated: October 13, 2009, 11:30 PM ET
Associated Press

LEXINGTON, Ky. -- Former men's basketball coach Billy Gillispie and the University of Kentucky have settled their cases over his firing for nearly $3 million, the school said Tuesday.

Gillispie was dismissed earlier this year and sued for breach of contract and fraud in May, seeking at least $6 million. The university countersued.

He had not signed a contract during his two years coaching the Wildcats to a 40-27 record but was working under a memorandum of understanding. He charged ...

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