(Photo by Andy Lyons/Getty Images)
Kentucky is counter suing the fired men's basketball coach. Kentucky says they owe Gillispie nothing, because he never signed a contract. It sounds pretty cut and dry, well maybe not.
The MOU states that a "termination without cause by the University" will "require payment of $1.5 million per year for the remainder of the term of the contract, provided the payment for termination without cause does not exceed 48 months.
Included is a July 2007 where Kentucky told Gillispie not to enter in an endorsement deal with a Houston based company, because it was in violation of wording in the MOU. How can Kentucky prove the MOU mattered in this situation, but not in the firing of Gillispie?
Kentucky may be left trying show there was just cause to Gillispie. Kentucky fans might tell you losing to VMI at home, losing to North Carolina by 19, and missing the NCAA's tournament last year is just cause to fire Gillispie. Will that hold up in a court of law?
Confusing as it is, I believe neither party wants a long drawn out court case arguing the contractual integrity of the MOU. In the end I see this settling out of court, but is anyone going to hire Gillispie afterwords? I guarantee there will be a formal contract signed if he is.





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