According to ESPN.com and ESPN writer Joe Schad, Mangino will not return next year.
On Schads twitter update was this 'schadjoe Mark Mangino out at Kansas. Team meeting in minutes.'
Mangino has been under fire and under investigation for his treatment of current and former players.
Read the story from ESPN.com here: http://sports.espn.go.com/ncf/news/story?id=4711389
*Update: According to Joe Schads twiiter 'Mangino agrees to financial settlement to leave KU'