Minn. off hook for buyout of Pitino, now at N.M.
MINNEAPOLIS — Minnesota doesn’t owe a buyout cost to former males’s basketball coach Richard Pitino for his dismissal, based on the separation settlement supplied Wednesday by the college.Pitino was fired March 15. He was employed at New Mexico the subsequent day.Within the contract extension Pitino signed in 2019, he had a $1.75 million buyout for a dismissal previous to April 30, 2021, however cost was to stop as soon as he discovered comparable employment. There was additionally a $500,000 early-termination clause that Pitino would have been on the hook for if he preemptively departed for one more job. Each of these charges have been waived within the separation settlement. Pitino shall be paid $125,000 for workforce tutorial efficiency bonuses.Minnesota employed Ben Johnson to interchange Pitino, who went 54-96 in Large Ten play over eight seasons.