The University of Louisville’s board of trustees and athletic association board of directors approved a settlement with former athletic director Tom Jurich in a joint meeting Friday morning.
According to a report from the Louisville Courier-Journal’s Jake Lourim, the university will pay Jurich $4.5 million. He was fired in October in the wake of an FBI probe into corruption in college basketball. Jurich served as the university’s athletic director for 19 years.
The resolution has been agreed to by all parties, and they’ve confirmed that this is a mutual agreement to conclude their professional relationship without cause.
“Everyone is pleased that this matter has been successfully restored,” Louisville Board of Trustees Chairman J. David Grissom said per a press release. “All parties can move forward to begin the next chapter.”
“I have spent the better part of my career with a dedicated team of athletes, coaches and staff to elevate the University of Louisville’s Athletic Department and I am proud of what we accomplished which is well documented,” Jurich said.
Jurich spent three days shy of 20 years at Louisville before he was forced out. Prior to that, he was the athletic director at Colorado State and North Arizona. Before that, the New Orleans Saints selected him in the 10th round of the 1978 NFL Draft. A kicker, he played in one game for the Saints.