Rick Pitino raked in 98% of the cash from University of Louisville's current Adidas deal
When University of Louisville athletic director Tom Jurich announced a new deal with athletic apparel giant Adidas on Aug. 25, a reporter asked him if some of the proceeds would be shared with the university.
“It’s for the athletic department,” Jurich replied. “It’s for these student-athletes. It’s been earmarked for them.”
In fact, under the current deal with Adidas, which expires July 1, 98 percent of the cash provided by Adidas goes to one person: Rick Pitino, the now-suspended head coach.
In 2015-16, for example, $1.5 million went to Pitino under his personal services agreement with the apparel company while just $25,000 went to the program, according to a contract obtained by the Courier-Journal under the state public records act.
The year before, Pitino also got $1.5 million, while the department banked just $10,000.
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Re:
Pitino will go down as one of the biggest grifters in sports history. And what's hilarious is it was always going to end this way. The writing has been on the wall for years, and despite having millions of dollars in the bank, he continued working his marks.
https://www.elevenwarriors.com/skul...yes-football-kerry-coombs-maryland-ty-johnson